Beechwood Estates & Development Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02322078 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Beechwood Estates & Development Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R T Arnold

Mr R W S Arnold

Mrs V Arnold

SECRETARY:

Mr J R T Arnold

REGISTERED OFFICE:

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

REGISTERED NUMBER:

02322078 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

4,521,914

4,523,145

Investments

5

165,439

4,687,353

4,688,584

CURRENT ASSETS

Stocks

8,746

8,063

Debtors

38,905

45,757

Cash at bank

23,728

24,456

71,379

78,276

CREDITORS

Amounts falling due within one year

453,808

397,658

NET CURRENT LIABILITIES

(382,429

)

(319,382

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,304,924

4,369,202

CREDITORS

Amounts falling due after more than one
year

6

(1,745,167

)

(1,757,896

)

PROVISIONS FOR LIABILITIES

8

(96,618

)

(96,852

)

NET ASSETS

2,463,139

2,514,454

CAPITAL AND RESERVES

Called up share capital

9

200

Undistributable reserves

1,303,833

Retained earnings

1,159,106

1,210,421

SHAREHOLDERS' FUNDS

2,463,139

2,514,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 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 Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mr J R T Arnold - Director

Mr R W S Arnold - Director

Mrs V Arnold - Director

1.	STATUTORY INFORMATION

Beechwood Estates & Development 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents of commercial properties and sales of development dwellings, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold investment property

-No depreciation

Plant & machinery

-25% on reducing balance

Equipment

-25% on reducing balance

The revaluation of properties are considered annually, by the directors, and included in the balance sheet at their open market value.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

4,545,830

DEPRECIATION

At 1 April 2024

22,685

Charge for year

1,231

At 31 March 2025

23,916

NET BOOK VALUE

At 31 March 2025

4,521,914

At 31 March 2024

4,523,145

There was a revaluation in 2024 leaving the brought forward valuation of the investment property at market value of £4,512,000. The directors have declared that this still remains appropriate and represents the market value of the property.

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Cost

4,545,830

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

165,439

NET BOOK VALUE

At 31 March 2025

165,439

At 31 March 2024

165,439

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS

31.3.25

31.3.24

£

Repayable by instalments

Cambridge Land Ltd

267,006

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

478,161

490,890

The bank loans are secured on the company's properties, The Old School, Wilburton, Cambridgeshire, 2 Beveridge Way and Units 3-7, Freesian Way, Hardwick Narrows Industrial Estate, Kings Lynn, Norfolk, Rosedale & Ryedale Cambridge Place, Cambridge.

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

96,618

96,852

Deferred

tax

£

Balance at 1 April 2024

96,852

Movement in year

(234

)

Balance at 31 March 2025

96,618

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

70

Ordinary A shares

£1.00

70

130

Ordinary B shares

£1.00

130

200