REGISTERED NUMBER: 12084335 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BECKBIRK ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A B Phipps Newman

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

12084335 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

3

857,000

874,750

CURRENT ASSETS

Debtors

4

164

148

Cash at bank

3,326

9,203

3,490

9,351

CREDITORS

Amounts falling due within one year

5

398,544

282,474

NET CURRENT LIABILITIES

(395,054

)

(273,123

)

TOTAL ASSETS LESS CURRENT LIABILITIES

461,946

601,627

CREDITORS

Amounts falling due after more than one year

6

358,895

489,900

NET ASSETS

103,051

111,727

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

103,050

111,726

103,051

111,727

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 his 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 director and authorised for issue on 22 December 2025 and were signed by:

A B Phipps Newman - 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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income comprises amounts receivable under tenancy agreements and is recognised on a straight-line basis over the term of the lease to which it relates.

Tangible fixed assets

Depreciation is not provided on long leasehold property.

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST OR VALUATION

At 1 April 2024

874,750

Revaluations

(17,750

)

At 31 March 2025

857,000

NET BOOK VALUE

At 31 March 2025

857,000

At 31 March 2024

874,750

Cost or valuation at 31 March 2025 is represented by:

Long

leasehold

£

Valuation in 2025

(17,750

)

Valuation in 2024

37,250

Valuation in 2023

(38,000

)

Valuation in 2022

55,000

Valuation in 2021

105,922

Cost

714,578

857,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

164

148

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

6,167

2,000

Directors' current accounts

390,884

279,005

Accrued expenses

1,493

1,469

398,544

282,474

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans over 5 years

358,895

489,900

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans over 5 years

358,895

489,900

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, Mr A B Phipps Newman increased his loan to the company. As at 31 March 2025, the company owed him £390,884 (2024: £279,005). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A B Phipps Newman.

This was by virtue of his 100% holding of the issued share capital.

9.	ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £8,676, and as at the year end the current liabilities exceeded current assets by £395,054.

The validity of this basis depends upon the continued support of the company's director. The director confirms that he will give the required support.