Registration number: NI068242

Beechgrove Services Limited

(Registration number: NI068242)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	5,175	6,901
Current assets
Stocks	5	1,000	1,000
Debtors	6	3,817	13,345
Cash at bank and in hand		11,560	7,593
		16,377	21,938
Creditors: Amounts falling due within one year	7	(14,879)	(14,659)
Net current assets		1,498	7,279
Net assets		6,673	14,180
Capital and reserves
Called up share capital	8	2	2
Retained earnings		6,671	14,178
Shareholders' funds		6,673	14,180

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 November 2025 and signed on its behalf by:
 

......................................... Mr Malachy Mullan Director

Beechgrove Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 16 Beechgrove Heights, Magherafelt, BT45 5EF.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Beechgrove Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Asset class	Depreciation method and rate
Plant and equipment	25% reducing balance basis
Building improvements	10% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

Beechgrove Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 March 2024	30,403	109,950	140,353
At 28 February 2025	30,403	109,950	140,353
Depreciation
At 1 March 2024	30,403	103,049	133,452
Charge for the year	-	1,726	1,726
At 28 February 2025	30,403	104,775	135,178
Carrying amount
At 28 February 2025	-	5,175	5,175
At 29 February 2024	-	6,901	6,901

5

Stocks

	2025 £	2024 £
Other inventories	1,000	1,000

Beechgrove Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6

Debtors

	2025 £	2024 £
Trade debtors	3,817	3,031
Other debtors	-	10,314
	3,817	13,345

7	Creditors: due within one year

	2025 £	2024 £
Trade creditors	3,607	1,838
Taxation and social security	570	2,156
Accruals and deferred income	10,665	10,665
Other creditors	37	-
	14,879	14,659