REGISTERED NUMBER: 01069564 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BEAVERGLEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Piller

SECRETARY:

Mrs M Piller

REGISTERED OFFICE:

16 South End

Croydon

Surrey

CR0 1DN

REGISTERED NUMBER:

01069564 (England and Wales)

ACCOUNTANTS:

Averillo & Associates

Chartered Accountants

16 South End

Croydon

Surrey

CR0 1DN

FIXED ASSETS

Investments

4

1,840,000

1,757,472

Investment property

5

390,000

390,000

2,230,000

2,147,472

CURRENT ASSETS

Cash at bank

13,808

319,673

CREDITORS

Amounts falling due within one year

6

34,378

268,700

NET CURRENT (LIABILITIES)/ASSETS

(20,570

)

50,973

TOTAL ASSETS LESS CURRENT LIABILITIES

2,209,430

2,198,445

PROVISIONS FOR LIABILITIES

7

21,000

21,000

NET ASSETS

2,188,430

2,177,445

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

90,078

90,078

Retained earnings

9

2,098,252

2,087,267

SHAREHOLDERS' FUNDS

2,188,430

2,177,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 September 2025 and were signed by:

D Piller - Director

1.	STATUTORY INFORMATION

Beaverglen 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Investments

Investments are shown at market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

2024

2023

£

£

Other investments not loans

-

217,472

Other loans

1,840,000

1,540,000

1,840,000

1,757,472

Additional information is as follows:

Other

investments

£

COST

At 1 January 2024

217,472

Disposals

(217,472

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

217,472

Other

loans

£

At 1 January 2024

1,540,000

New in year

300,000

At 31 December 2024

1,840,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

390,000

NET BOOK VALUE

At 31 December 2024

390,000

At 31 December 2023

390,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2013

111,078

Cost

278,922

390,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Corporation tax

22,036

24,128

Directors' current account

6,923

239,154

Accrued expenses

5,419

5,418

34,378

268,700

7.	PROVISIONS FOR LIABILITIES

The provision fore deferred tax represents the tax that would become payable if the investment properties were sold at their revalued amount.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2024

2,087,267

90,078

2,177,345

Profit for the year

70,985

70,985

Dividends

(60,000

)

(60,000

)

At 31 December 2024

2,098,252

90,078

2,188,330

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2023 - £50,000) were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The controlling party is D Piller.