REGISTERED NUMBER: 11928375 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BEAUMONT & BEAR LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H Pilling

Miss C McCombe

REGISTERED OFFICE:

1 Barton Court

Jacks Way

Hill Barton Business Court

Exeter

EX5 1FG

REGISTERED NUMBER:

11928375 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Intangible assets

4

11,571

-

Tangible assets

5

29,612

16,477

41,183

16,477

CURRENT ASSETS

Stocks

6

336,491

290,871

Debtors

7

24,917

45,740

Cash at bank and in hand

99,383

78,054

460,791

414,665

CREDITORS

Amounts falling due within one year

8

178,331

155,085

NET CURRENT ASSETS

282,460

259,580

TOTAL ASSETS LESS CURRENT LIABILITIES

323,643

276,057

CREDITORS

Amounts falling due after more than one year

9

(5,500

)

(11,500

)

PROVISIONS FOR LIABILITIES

(7,427

)

(4,119

)

NET ASSETS

310,716

260,438

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

310,616

260,338

SHAREHOLDERS' FUNDS

310,716

260,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings 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:

Miss C McCombe - Director

Mr H Pilling - Director

1.	STATUTORY INFORMATION

Beaumont & Bear 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Leasehold are being amortised evenly over their estimated useful life of six years.

Tangible fixed assets

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

Leasehold Improvements

-

Straight line over the life of the lease

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% 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 Statement of Income and Retained Earnings, 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 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Leasehold

£

COST

Additions

12,963

At 30 April 2025

12,963

AMORTISATION

Amortisation for year

1,392

At 30 April 2025

1,392

NET BOOK VALUE

At 30 April 2025

11,571

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

Improvements

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

-

2,490

14,744

7,685

24,919

Additions

555

12,949

5,411

1,822

20,737

At 30 April 2025

555

15,439

20,155

9,507

45,656

DEPRECIATION

At 1 May 2024

-

886

3,734

3,822

8,442

Charge for year

94

2,911

2,464

2,133

7,602

At 30 April 2025

94

3,797

6,198

5,955

16,044

NET BOOK VALUE

At 30 April 2025

461

11,642

13,957

3,552

29,612

At 30 April 2024

-

1,604

11,010

3,863

16,477

6.

STOCKS

2025

2024

£

£

Stocks

336,491

290,871

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

-

1,019

Prepayments

24,917

44,721

24,917

45,740

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,000

6,000

Tax

71,472

79,904

Social security and other taxes

1,130

772

VAT

44,842

39,898

Other creditors

26,014

22,780

Directors' current accounts

21,037

-

Accrued expenses

7,836

5,731

178,331

155,085

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

5,500

11,500

10.	SECURED DEBTS

The bounce back loan of £11,500 is 100% underwritten by the government under the covid support measures.

11.	OTHER FINANCIAL COMMITMENTS

At 30/04/2025, the company had total commitments under non-cancellable operating leases over the remaining life of the those leases of £223,913 (2024 : £40,073).

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Miss C McCombe and Mr H Pilling

Balance outstanding at start of year

1,019

14,500

Amounts advanced

178,832

120,704

Amounts repaid

(200,888

)

(134,185

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(21,037

)

1,019

Loans are unsecured and repayable on demand. Interest is charged at 10% in the year on credit loan balances.

13.	CHARITABLE DONATIONS

In the year charitable donations were made up of the following:

Farm Safety Foundation - £2,865