REGISTERED NUMBER: 00630491 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Bedingfield And Gater Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

292

-

Investment property

5

650,000

410,036

650,292

410,036

CURRENT ASSETS

Debtors

6

826,963

825,814

Cash at bank

152,524

158,328

979,487

984,142

CREDITORS

Amounts falling due within one year

7

11,357

15,945

NET CURRENT ASSETS

968,130

968,197

TOTAL ASSETS LESS CURRENT LIABILITIES

1,618,422

1,378,233

PROVISIONS FOR LIABILITIES

35,051

-

NET ASSETS

1,583,371

1,378,233

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

8

204,913

-

Retained earnings

1,368,458

1,368,233

1,583,371

1,378,233

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:

Mr D M Gater - Director

1.	STATUTORY INFORMATION

Bedingfield And Gater Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00630491

Registered office:

Ebenezer House

Ryecroft

Newcastle-under-Lyme

Staffordshire

ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

25% 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 Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Additions

389

At 31 December 2024

389

DEPRECIATION

Charge for year

97

At 31 December 2024

97

NET BOOK VALUE

At 31 December 2024

292

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

410,036

Revaluations

239,964

At 31 December 2024

650,000

NET BOOK VALUE

At 31 December 2024

650,000

At 31 December 2023

410,036

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

239,964

Cost

410,036

650,000

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

2024

2023

£

£

Cost

410,036

410,036

Investment Property was valued on an open market basis on 31 December 2024 by the directors .

The investment property has been valued at 5 April 2025 by the director at a fair value, based on open market valuations.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

825,000

825,000

Other debtors

1,963

814

826,963

825,814

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

11,357

15,945

8.

RESERVES

Revaluation

reserve

£

Transfer of reserves

204,913

At 31 December 2024

204,913