REGISTERED NUMBER: 01375893 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BETSHAW LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A Walker

J R Shah

SECRETARY:

A Walker

REGISTERED OFFICE:

Bramlea Drury Lane

Pannal

Harrogate

HG3 1ET

REGISTERED NUMBER:

01375893 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Queensgate House

23 North Park Road

Harrogate

HG1 5PD

FIXED ASSETS

Tangible assets

3

1,034

202

Investment property

4

790,000

790,000

791,034

790,202

CURRENT ASSETS

Debtors

5

1,999

1,676

Cash at bank

51,045

37,476

53,044

39,152

CREDITORS

Amounts falling due within one year

6

5,790

2,069

NET CURRENT ASSETS

47,254

37,083

TOTAL ASSETS LESS CURRENT LIABILITIES

838,288

827,285

PROVISIONS FOR LIABILITIES

132,115

131,856

NET ASSETS

706,173

695,429

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

639,355

639,355

Retained earnings

66,718

55,974

706,173

695,429

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.

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 10 December 2025 and were signed on its behalf by:

A Walker - Director

1.	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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

8,621

Additions

1,199

At 31 March 2025

9,820

DEPRECIATION

At 1 April 2024

8,419

Charge for year

367

At 31 March 2025

8,786

NET BOOK VALUE

At 31 March 2025

1,034

At 31 March 2024

202

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

790,000

NET BOOK VALUE

At 31 March 2025

790,000

At 31 March 2024

790,000

The director provided a fair value on the investment properties.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

792

792

Other debtors

1,207

884

1,999

1,676

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

3,963

137

Other creditors

1,827

1,932

5,790

2,069

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

639,355

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A Walker

Balance outstanding at start of year

(420

)

(1,973

)

Amounts advanced

13,879

1,553

Amounts repaid

(13,660

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(201

)

(420

)