Registration number: 14397959

Beacon Residential Homes Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Beacon Residential Homes Ltd

Company Information

Directors

Mr Harjeet Singh Gill Mrs Ashlea Frances Wilkins

Company secretary

Mrs Ashlea Frances Wilkins

Registered office

1st Floor 8-12 London Street Southport Merseyside PR9 0UE

Accountants

GMR Accountants Ltd 1st Floor 8-12 London Street Southport Merseyside PR9 0UE

Beacon Residential Homes Ltd

(Registration number: 14397959)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	85,510	48,576
Current assets
Debtors	5	41,892	199,919
Cash at bank and in hand		384,833	228,317
		426,725	428,236
Creditors: Amounts falling due within one year	6	(249,992)	(173,120)
Net current assets		176,733	255,116
Total assets less current liabilities		262,243	303,692
Creditors: Amounts falling due after more than one year	6	(111,433)	(132,083)
Net assets		150,810	171,609
Capital and reserves
Called up share capital		100	100
Retained earnings		150,710	171,509
Shareholders' funds		150,810	171,609

For the financial year ending 31 March 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 3 December 2025 and signed on its behalf by:
 

......................................... Mr Harjeet Singh Gill Director

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1st Floor
8-12 London Street
Southport
Merseyside
PR9 0UE
United Kingdom

These financial statements were authorised for issue by the Board on 3 December 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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 tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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:

Asset class	Depreciation method and rate
Motor Vehicle	33% Straight Line
Office equipment	33% Straight Line
Furniture and fittings	20% Straight Line
Leasehold improvements	10% Straight Line

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors 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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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 42 (2024 - 28).

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 April 2024	19,982	13,463	7,803	15,645
Additions	-	10,806	6,225	41,463
Disposals	-	-	-	(3,450)
At 31 March 2025	19,982	24,269	14,028	53,658
Depreciation
At 1 April 2024	500	2,565	1,629	3,623
Charge for the year	1,998	3,714	4,092	9,935
Eliminated on disposal	-	-	-	(1,629)
At 31 March 2025	2,498	6,279	5,721	11,929
Carrying amount
At 31 March 2025	17,484	17,990	8,307	41,729
At 31 March 2024	19,482	10,898	6,174	12,022

	Total £
Cost or valuation
At 1 April 2024	56,893
Additions	58,494
Disposals	(3,450)
At 31 March 2025	111,937
Depreciation
At 1 April 2024	8,317
Charge for the year	19,739
Eliminated on disposal	(1,629)
At 31 March 2025	26,427
Carrying amount
At 31 March 2025	85,510
At 31 March 2024	48,576

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Included within the net book value of land and buildings above is £17,485 (2024 - £19,483) in respect of long leasehold land and buildings.
 

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	161,269
Prepayments	39,150	38,650
Other debtors	2,742	-
	41,892	199,919

Beacon Residential Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	31,567	91,009
Trade creditors		-	15,671
Taxation and social security		80,135	60,550
Accruals and deferred income		4,308	4,308
Other creditors		133,982	1,582
		249,992	173,120

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	111,433	132,083

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	97,699	124,658
Hire purchase contracts	13,734	7,425
	111,433	132,083

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	27,020	27,083
Bank overdrafts	-	3,677
Hire purchase contracts	4,547	2,726
Other borrowings	-	57,523
	31,567	91,009