REGISTERED NUMBER: 06426055 (England and Wales)

BEACH GROVE PROPERTIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J E Taziker

REGISTERED OFFICE:

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

REGISTERED NUMBER:

06426055 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

BANKERS:

Barclays Bank plc

P O Box 144

1st Floor

57 Victoria Square

Bolton

BL1 1FH

FIXED ASSETS

Tangible assets

4

91

122

Investment property

5

1,092,003

1,083,003

1,092,094

1,083,125

CURRENT ASSETS

Debtors

431

684

Cash at bank

160,999

142,627

161,430

143,311

CREDITORS

Amounts falling due within one year

960,871

966,464

NET CURRENT LIABILITIES

(799,441

)

(823,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

292,653

259,972

PROVISIONS FOR LIABILITIES

10,474

8,770

NET ASSETS

282,179

251,202

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

282,079

251,102

SHAREHOLDERS' FUNDS

282,179

251,202

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 director acknowledges her 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

Ms J E Taziker - Director

1.	STATUTORY INFORMATION

Beach Grove Properties 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover represents rent receivable and the value of legally completed sales of development properties. Where properties are acquired for their development potential, turnover and profit on sales are recognised upon legal completion.

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 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 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

2,000

DEPRECIATION

At 1 April 2024

1,878

Charge for year

31

At 31 March 2025

1,909

NET BOOK VALUE

At 31 March 2025

91

At 31 March 2024

122

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,083,003

Revaluations

9,000

At 31 March 2025

1,092,003

NET BOOK VALUE

At 31 March 2025

1,092,003

At 31 March 2024

1,083,003

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

28,150

Valuation in 2021

98,596

Valuation in 2022

35,189

Valuation in 2024

30,000

Valuation in 2025

9,000

Cost

891,068

1,092,003

6.	ULTIMATE CONTROLLING PARTY

The company is considered to be controlled by the director and shareholder, Ms J E Taziker.