Beacon Estates Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13814415 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Beacon Estates Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E A Hayward

S Hayward

T J Corcoran

SECRETARY:

E A Hayward

REGISTERED OFFICE:

Beacon Court

Norman Way

Severn Bridge Industrial Estate

Portskewett

Monmouthshire

NP26 5PT

REGISTERED NUMBER:

13814415 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

4

3,672,526

3,565,560

CURRENT ASSETS

Debtors

5

-

14,097

Cash at bank

390

266,524

390

280,621

CREDITORS

Amounts falling due within one year

6

364,244

472,480

NET CURRENT LIABILITIES

(363,854

)

(191,859

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,308,672

3,373,701

CREDITORS

Amounts falling due after more than one
year

7

1,739,309

1,824,409

NET ASSETS

1,569,363

1,549,292

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

1,569,163

1,549,092

SHAREHOLDERS' FUNDS

1,569,363

1,549,292

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 23 December 2025 and were signed on its behalf by:

E A Hayward - Director

T J Corcoran - Director

1.	STATUTORY INFORMATION

Beacon Estates Properties Limited 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.

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.

Land and buildings

-

not provided and in accordance with the 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.

Investment properties

The company's properties are held for long-term investment:

(i) The investment properties are revalued annually and the aggregate surplus or deficit transferred to reserves.

(ii) No depreciation is provided in respect of the properties.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

3,565,560

Additions

106,966

At 31 March 2025

3,672,526

NET BOOK VALUE

At 31 March 2025

3,672,526

At 31 March 2024

3,565,560

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

-

14,097

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

88,770

Trade creditors

11,227

312,039

Taxation and social security

23,189

21,071

Other creditors

241,058

50,600

364,244

472,480

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.3.25

31.3.24

£

Bank loans

639,309

724,409

Other creditors

1,100,000

1,739,309

1,824,409

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

728,079

813,179

9.	RELATED PARTY DISCLOSURES

During the year transactions were entered into with entities under the common control of key management personnel as follows:

Sales in the sum of £264,282 and purchases in the sum of £171,047 with net year end balances included in creditors in the sum of £124,048.

Also included in creditors is an amount due to key management personnel in the sum of £1,112,993.