REGISTERED NUMBER: 06461209 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BEECHWOOD INDUSTRIES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A C Halford

SECRETARY:

A J Halford FCA

REGISTERED OFFICE:

Primrose Hill Nurseries

Warrington Road

High Legh

Knutsford

Cheshire

WA16 0SQ

REGISTERED NUMBER:

06461209 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

BANKERS:

H S B C plc

11 Bridge Street

Warrington

Cheshire

WA1 2EY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,171,687

1,071,366

1,171,687

1,071,366

CURRENT ASSETS

Stocks

91,618

82,369

Debtors

656,136

584,423

Cash at bank and in hand

512,457

320,027

1,260,211

986,819

CREDITORS

Amounts falling due within one year

662,885

601,818

NET CURRENT ASSETS

597,326

385,001

TOTAL ASSETS LESS CURRENT LIABILITIES

1,769,013

1,456,367

CREDITORS

Amounts falling due after more than one year

(202,108

)

(152,957

)

PROVISIONS FOR LIABILITIES

(125,775

)

(94,273

)

NET ASSETS

1,441,130

1,209,137

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,440,130

1,208,137

SHAREHOLDERS' FUNDS

1,441,130

1,209,137

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 September 2025 and were signed by:

A C Halford - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost, 20% on cost, 20% on reducing balance and 10% 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 (2023 - 55 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

25,000

AMORTISATION

At 1 January 2024

and 31 December 2024

25,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,849,161

Additions

281,249

Disposals

(27,672

)

At 31 December 2024

2,102,738

DEPRECIATION

At 1 January 2024

777,795

Charge for year

164,523

Eliminated on disposal

(11,267

)

At 31 December 2024

931,051

NET BOOK VALUE

At 31 December 2024

1,171,687

At 31 December 2023

1,071,366

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

Totals

£

COST

At 1 January 2024

367,892

Additions

209,908

At 31 December 2024

577,800

DEPRECIATION

At 1 January 2024

201,818

Charge for year

75,197

At 31 December 2024

277,015

NET BOOK VALUE

At 31 December 2024

300,785

At 31 December 2023

166,074

6.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/24

31/12/23

£

£

Hire purchase contracts

240,186

106,805

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director, Mr A C Halford has made unsecured interest free loans to the company, with no fixed repayment date. The year end balance was £42,259 (2023 : £58,060).