Beaches Logistics (North West) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10897905 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

BEACHES LOGISTICS (NORTH WEST) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Cross

B Jones

J A Sims

REGISTERED OFFICE:

Unit B Earls Way

Kingmoor Park Central

Carlisle

CA6 4SE

REGISTERED NUMBER:

10897905 (England and Wales)

ACCOUNTANTS:

Ian Lane Accountancy Services

Chartered Certified Accountants

32 Chestnut Avenue

Mickleover

Derby

DE3 9FT

FIXED ASSETS

Tangible assets

4

12,906

11,853

CURRENT ASSETS

Debtors

5

724,549

655,751

Investments

6

40,300

50,300

Cash at bank

-

1,276

764,849

707,327

CREDITORS

Amounts falling due within one year

7

727,983

670,971

NET CURRENT ASSETS

36,866

36,356

TOTAL ASSETS LESS CURRENT
LIABILITIES

49,772

48,209

PROVISIONS FOR LIABILITIES

9

2,452

2,252

NET ASSETS

47,320

45,957

CAPITAL AND RESERVES

Called up share capital

10

1,000

Retained earnings

46,320

44,957

SHAREHOLDERS' FUNDS

47,320

45,957

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

J A Cross - Director

1.	STATUTORY INFORMATION

Beaches Logistics (North West) Ltd 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.

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

-

33% on cost

Office Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

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 15 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Computer

machinery

Equipment

vehicles

equipment

Totals

£

COST

At 1 January 2024

5,081

1,920

5,570

4,506

17,077

Additions

4,300

-

1,740

6,040

At 31 December 2024

9,381

1,920

5,570

6,246

23,117

DEPRECIATION

At 1 January 2024

3,568

160

464

1,032

5,224

Charge for year

1,991

384

1,110

1,502

4,987

At 31 December 2024

5,559

544

1,574

2,534

10,211

NET BOOK VALUE

At 31 December 2024

3,822

1,376

3,996

3,712

12,906

At 31 December 2023

1,513

1,760

5,106

3,474

11,853

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

425,035

462,598

Other debtors

230,302

166,990

Tax

-

53

Prepayments

69,212

26,110

724,549

655,751

6.	CURRENT ASSET INVESTMENTS

31.12.24

31.12.23

£

Unlisted investments

40,300

50,300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

324

-

Trade creditors

263,790

229,243

Invoice discounting advances

64,165

231,562

Tax

67

1,362

Social security and other taxes

10,586

26,316

VAT

51,007

51,532

Other creditors

233,068

128,231

Accrued expenses

104,976

2,725

727,983

670,971

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Invoice discounting advances

64,165

231,562

Invoice discounting advances are secured on trade debtors.

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Deferred tax

Accelerated capital allowances

2,452

2,252

Deferred

tax

£

Balance at 1 January 2024

2,252

Excess of capital allowances

200

over depreciation

Balance at 31 December 2024

2,452

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

1,000

Ordinary shares

£1

1,000