Beacon Roadways Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01315158 (England and Wales)

BEACON ROADWAYS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mr P.J. Hargreaves

Mr N.G. Higgitt

Mrs E Pain

Mrs S J Higgitt

Mrs T Hargreaves

SECRETARY:

Mr P.J. Hargreaves

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

01315158 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Beacon Roadways Limited for the year ended 31 January 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Beacon Roadways Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Beacon Roadways Limited and state those matters that we have agreed to state to the Board of Directors of Beacon Roadways Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Beacon Roadways Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Beacon Roadways Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Beacon Roadways Limited. You consider that Beacon Roadways Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beacon Roadways Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

2 September 2025

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

179,706

207,035

Investments

6

11,600

-

191,306

207,035

CURRENT ASSETS

Stocks

8,167

11,865

Debtors

7

1,496,787

980,612

Cash at bank

30,057

240,887

1,535,011

1,233,364

CREDITORS

Amounts falling due within one year

8

994,477

615,422

NET CURRENT ASSETS

540,534

617,942

TOTAL ASSETS LESS CURRENT
LIABILITIES

731,840

824,977

CREDITORS

Amounts falling due after more than one
year

9

(14,610

)

(80,730

)

PROVISIONS FOR LIABILITIES

(44,927

)

(51,759

)

NET ASSETS

672,303

692,488

CAPITAL AND RESERVES

Called up share capital

7,002

Retained earnings

665,301

685,486

SHAREHOLDERS' FUNDS

672,303

692,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

Mr N.G. Higgitt - Director

1.	STATUTORY INFORMATION

Beacon Roadways Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of goods/services, excluding value added tax

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2024

and 31 January 2025

34,250

AMORTISATION

At 1 February 2024

and 31 January 2025

34,250

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 February 2024

8,755

10,653

582,873

-

602,281

Additions

8,882

-

78,000

1,287

88,169

Disposals

-

(40,000

)

-

(40,000

)

At 31 January 2025

17,637

10,653

620,873

1,287

650,450

DEPRECIATION

At 1 February 2024

6,192

10,034

379,020

-

395,246

Charge for year

2,272

300

100,948

175

103,695

Eliminated on disposal

-

(28,197

)

-

(28,197

)

At 31 January 2025

8,464

10,334

451,771

175

470,744

NET BOOK VALUE

At 31 January 2025

9,173

319

169,102

1,112

179,706

At 31 January 2024

2,563

619

203,853

-

207,035

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

11,600

At 31 January 2025

11,600

NET BOOK VALUE

At 31 January 2025

11,600

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,067,820

675,583

Other debtors

428,967

305,029

1,496,787

980,612

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

20,000

Hire purchase contracts

46,120

77,171

Trade creditors

683,972

201,447

Taxation and social security

98,188

142,048

Other creditors

146,197

174,756

994,477

615,422

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

8,000

28,000

Hire purchase contracts

6,610

52,730

14,610

80,730