Company Registration No. 12515723 (England and Wales)
Mitchell Beckett Homes Limited
Unaudited accounts
for the year ended 31 March 2025
Mitchell Beckett Homes Limited
Unaudited accounts
Contents
Mitchell Beckett Homes Limited
Company Information
for the year ended 31 March 2025
Company Number
12515723 (England and Wales)
Registered Office
6 Bramble Road
Canvey Island
Essex
SS8 7EB
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
Mitchell Beckett Homes Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,800
4,200
Inventories
1,097,672
1,017,754
Cash at bank and in hand
3,269
5,890
Creditors: amounts falling due within one year
(280,977)
(146,107)
Net current assets
820,915
879,308
Total assets less current liabilities
823,715
883,508
Creditors: amounts falling due after more than one year
(1,007,793)
(1,007,793)
Net liabilities
(184,078)
(124,285)
Called up share capital
1
1
Profit and loss account
(184,079)
(124,286)
Shareholders' funds
(184,078)
(124,285)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 December 2025 and were signed on its behalf by
Mr M Philpot
Director
Company Registration No. 12515723
Mitchell Beckett Homes Limited
Notes to the Accounts
for the year ended 31 March 2025
Mitchell Beckett Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 12515723. The registered office is 6 Bramble Road, Canvey Island, Essex, SS8 7EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The financial statements have been prepared on the going concern basis. The Company is reliant for its working capital on funds provided to it by the Company's ultimate controlling party which has provided the company with an undertaking that it will, for at least 12 months from the date of approval of these financial statements, continue to make available such funds as are needed by the company and in particular, will not seek repayment of the amounts currently made available. This should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payment.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Mitchell Beckett Homes Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
280,977
146,107
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
607,793
607,793
Loans from directors
400,000
400,000
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).