Beauchamp Ventures Limited Company accounts

COMPANY REGISTRATION NUMBER: 15630220

BEAUCHAMP VENTURES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

29 December 2024

BEAUCHAMP VENTURES LIMITED

FINANCIAL STATEMENTS

PERIOD FROM 9 APRIL 2024 TO 29 DECEMBER 2024

Contents	Page

Director's report	1

Statement of comprehensive income	2

Statement of financial position	3

Statement of changes in equity	4

Notes to the financial statements	5

BEAUCHAMP VENTURES LIMITED

DIRECTOR'S REPORT

PERIOD FROM 9 APRIL 2024 TO 29 DECEMBER 2024

The director presents his report and the unaudited financial statements of the company for the period ended 29 December 2024 .

Director

The director who served the company during the period was as follows:

M S Grewal	(Appointed 9 April 2024)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 29 September 2025 and signed on behalf of the board by:

M S Grewal
Director

Registered office:

12 North Bar

Banbury

OX16 0TB

BEAUCHAMP VENTURES LIMITED

STATEMENT OF COMPREHENSIVE INCOME

PERIOD FROM 9 APRIL 2024 TO 29 DECEMBER 2024

	Period from
	9 Apr 24 to
	29 Dec 24
Note	£
Turnover	464,772

Cost of sales	( 363,124)
	--------
Gross profit	101,648

Administrative expenses	( 121,193)
	--------
Operating loss	( 19,545)

Other interest receivable and similar income	342
	--------
Loss before taxation	( 19,203)

Tax on loss	1,212
	-------
Loss for the financial period and total comprehensive income	( 17,991)
	-------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the period as set out above.

BEAUCHAMP VENTURES LIMITED

STATEMENT OF FINANCIAL POSITION

29 December 2024

	29 Dec 24
Note	£	£

Fixed assets

Tangible assets	5		504,032

Current assets

Stocks		5,043
Debtors	6	114,261
Cash at bank and in hand		53,326
		--------
		172,630

Creditors: amounts falling due within one year	7	( 609,651)
		--------
Net current liabilities			( 437,021)
			--------
Total assets less current liabilities			67,011

Creditors: amounts falling due after more than one year	8	( 85,000)
		-------
Net liabilities		( 17,989)
		-------

Capital and reserves

Called up share capital	9	2
Profit and loss account		( 17,991)
		-------
Shareholders deficit		( 17,989)
		-------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the period ending 29 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

M S Grewal
Director

Company registration number: 15630220

BEAUCHAMP VENTURES LIMITED

STATEMENT OF CHANGES IN EQUITY

PERIOD FROM 9 APRIL 2024 TO 29 DECEMBER 2024

	Called up share capital	Profit and loss account	Total
	£	£	£
At 9 April 2024	–	–	–

Loss for the period		( 17,991)	( 17,991)
	----	-------	-------
Total comprehensive income for the period	–	( 17,991)	( 17,991)

Issue of shares	2	–	2
	----	----	----
Total investments by and distributions to owners	2	–	2

	----	-------	-------
At 29 December 2024	2	( 17,991)	( 17,989)
	----	-------	-------

BEAUCHAMP VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 9 APRIL 2024 TO 29 DECEMBER 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 North Bar, Banbury, OX16 0TB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied, net of returns, discounts and rebates allowed by the company and value added taxes. The company operates pizza stores for the production and sale of pizzas. Sales of pizzas are recognised when the significant risks and rewards of ownership have transferred to the buyer. This is on sale to the customer, which is considered the point of delivery. Retail sales are usually by cash, credit or payment card.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	5 - 10% Straight line basis
Fixtures, fittings and equipment	-	10 - 20% Straight line basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. Basic financial liabilities, including trade and other payables, other loans from third parties and loans from other related entities, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year of less. If not, then they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Employee benefits Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Distributions to equity holders

Dividends and other distributions to the company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the shareholders. These amounts are recognised in the statement of changes in equity.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 21 .

5. Tangible assets

	Leasehold improvements	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 9 April 2024	–	–	–
Additions	331,039	199,320	530,359
	--------	--------	--------
At 29 December 2024	331,039	199,320	530,359
	--------	--------	--------
Depreciation
At 9 April 2024	–	–	–
Charge for the period	15,892	10,435	26,327
	--------	--------	--------
At 29 December 2024	15,892	10,435	26,327
	--------	--------	--------
Carrying amount
At 29 December 2024	315,147	188,885	504,032
	--------	--------	--------

6. Debtors

	29 Dec 24
	£
Trade debtors	2,257
Other debtors	112,004
	--------
	114,261
	--------

7. Creditors: amounts falling due within one year

	29 Dec 24
	£
Trade creditors	227,366
Social security and other taxes	10,789
Amounts owed to other related entities	176,529
Other creditors	194,967
	--------
	609,651
	--------

8. Creditors: amounts falling due after more than one year

	29 Dec 24
	£
Other creditors	85,000
	-------

Included within creditors: amounts falling due after more than one year is an amount of £45,000 in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

9. Called up share capital

Issued, called up and fully paid

	29 Dec 24
	No.	£
Ordinary shares of £ 1 each	2	2
	----	----

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	29 Dec 24
	£
Not later than 1 year	35,000
Later than 1 year and not later than 5 years	140,000
Later than 5 years	498,918
	--------
	673,918
	--------