Company No: 12310657 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	17,189		16,846
		17,189		16,846
Current assets
Debtors	4	600		0
Cash at bank and in hand		2,076		3,024
		2,676		3,024
Creditors: amounts falling due within one year	5	( 134,350)		( 128,700)
Net current liabilities		(131,674)		(125,676)
Total assets less current liabilities		(114,485)		(108,830)
Creditors: amounts falling due after more than one year	6	( 2,021)		( 10,091)
Net liabilities		( 116,506)		( 118,921)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 116,606 )		( 119,021 )
Total shareholders' deficit		( 116,506)		( 118,921)

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Britannia of Beesands Ltd (registered number: 12310657) were approved and authorised for issue by the Board of Directors on 10 December 2025. They were signed on its behalf by:

Mrs A Hutchings Director

Mr N Hutchings Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Britannia of Beesands Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is:
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

During the year, the directors made the decision that the company would cease trading. As required by UK accounting standards, the financial statements have therefore been prepared on the basis that the company is no longer a going concern. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the company's assets have been written down to their net realisable value.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax , returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured:
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Plant and machinery	25 years straight line
Vehicles	4 years straight line
Tools and equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Plant and machinery		Vehicles		Tools and equipment		Total
	£		£		£		£
Cost
At 01 April 2024	14,748		14,100		1,408		30,256
Additions	0		6,783		0		6,783
Disposals	0		( 14,100)		0		( 14,100)
At 31 March 2025	14,748		6,783		1,408		22,939
Accumulated depreciation
At 01 April 2024	2,056		10,135		1,219		13,410
Charge for the financial year	590		1,696		189		2,475
Disposals	0		( 10,135)		0		( 10,135)
At 31 March 2025	2,646		1,696		1,408		5,750
Net book value
At 31 March 2025	12,102		5,087		0		17,189
At 31 March 2024	12,692		3,965		189		16,846

4. Debtors

	2025		2024
	£		£
Trade debtors	600		0

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	8,000		7,950
Amounts owed to connected companies	15,000		7,000
Amounts owed to directors	109,217		112,433
Accruals	1,250		1,250
Other taxation and social security	801		43
Other creditors	82		24
	134,350		128,700

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	2,021		10,091

There are no amounts included above in respect of which any security has been given by the entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100