REGISTERED NUMBER: 03050597 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BECK HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L M J Topham

G O D Topham

SECRETARY:

Mrs T L Callaghan

REGISTERED OFFICE:

Beck House

Hunmanby Industrial Estate

Bridlington Road

Hunmanby

North Yorkshire

YO14 0PH

REGISTERED NUMBER:

03050597 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Tangible assets

4

325,548

334,360

Investments

5

636,511

695,479

Investment property

6

1,126,613

1,126,613

2,088,672

2,156,452

CURRENT ASSETS

Debtors

7

53,336

59,978

Cash at bank

-

22,645

53,336

82,623

CREDITORS

Amounts falling due within one year

8

284,100

356,670

NET CURRENT LIABILITIES

(230,764

)

(274,047

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,857,908

1,882,405

CREDITORS

Amounts falling due after more than one year

9

(69,240

)

(64,859

)

PROVISIONS FOR LIABILITIES

(27,313

)

(26,904

)

NET ASSETS

1,761,355

1,790,642

CAPITAL AND RESERVES

Called up share capital

54

54

Revaluation reserve

752,584

811,552

Non distributable reserve

81,562

81,562

Retained earnings

927,155

897,474

1,761,355

1,790,642

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

L M J Topham - Director

G O D Topham - Director

1.	STATUTORY INFORMATION

Beck Holdings 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 represents rent charged and sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

10% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

250,000

507,077

757,077

Additions

-

25,583

25,583

Disposals

-

(42,441

)

(42,441

)

At 31 December 2024

250,000

490,219

740,219

DEPRECIATION

At 1 January 2024

70,631

352,086

422,717

Charge for year

4,000

23,196

27,196

Eliminated on disposal

-

(35,242

)

(35,242

)

At 31 December 2024

74,631

340,040

414,671

NET BOOK VALUE

At 31 December 2024

175,369

150,179

325,548

At 31 December 2023

179,369

154,991

334,360

Included in cost or valuation of land and buildings is freehold land of £ 50,000 (2023 - £ 50,000 ) which is not depreciated.

Cost or valuation at 31 December 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2017

(13,156

)

-

(13,156

)

Cost

263,156

490,219

753,375

250,000

490,219

740,219

If freehold property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

263,156

263,156

Aggregate depreciation

76,472

72,209

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST OR VALUATION

Additions

22,995

At 31 December 2024

22,995

DEPRECIATION

Charge for year

5,749

At 31 December 2024

5,749

NET BOOK VALUE

At 31 December 2024

17,246

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

695,479

Revaluations

(58,968

)

At 31 December 2024

636,511

NET BOOK VALUE

At 31 December 2024

636,511

At 31 December 2023

695,479

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2023

636,511

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,126,613

NET BOOK VALUE

At 31 December 2024

1,126,613

At 31 December 2023

1,126,613

Fair value at 31 December 2024 is represented by:

£

Valuation in 1996

88,000

Valuation in 2003

79,499

Valuation in 2017

129,229

Cost

829,885

1,126,613

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,999

742

Other debtors

48,337

59,236

53,336

59,978

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

64,234

133,065

Hire purchase contracts

4,674

-

Trade creditors

21,407

902

Taxation and social security

23,920

37,700

Other creditors

169,865

185,003

284,100

356,670

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

52,412

64,859

Hire purchase contracts

16,828

-

69,240

64,859

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

-

11,959

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

51,434

120,265

Bank loans

65,212

77,659

Hire purchase contracts

21,502

-

138,148

197,924