Becketts F S Ltd 05122604 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is provision of independent financial services Digita Accounts Production Advanced 6.30.9574.0 true true true 05122604 2024-10-01 2025-09-30 05122604 2025-09-30 05122604 bus:OrdinaryShareClass1 2025-09-30 05122604 bus:OrdinaryShareClass2 2025-09-30 05122604 bus:OrdinaryShareClass3 2025-09-30 05122604 bus:OrdinaryShareClass4 2025-09-30 05122604 bus:OrdinaryShareClass5 2025-09-30 05122604 bus:OtherShareClass1 2025-09-30 05122604 core:RetainedEarningsAccumulatedLosses 2025-09-30 05122604 core:ShareCapital 2025-09-30 05122604 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2025-09-30 05122604 core:CurrentFinancialInstruments 2025-09-30 05122604 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 05122604 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 05122604 core:Goodwill 2025-09-30 05122604 core:MotorVehicles 2025-09-30 05122604 core:OtherPropertyPlantEquipment 2025-09-30 05122604 bus:SmallEntities 2024-10-01 2025-09-30 05122604 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 05122604 bus:FullAccounts 2024-10-01 2025-09-30 05122604 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 05122604 bus:RegisteredOffice 2024-10-01 2025-09-30 05122604 bus:CompanySecretaryDirector1 2024-10-01 2025-09-30 05122604 bus:Director1 2024-10-01 2025-09-30 05122604 bus:Director4 2024-10-01 2025-09-30 05122604 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 05122604 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 05122604 bus:OrdinaryShareClass3 2024-10-01 2025-09-30 05122604 bus:OrdinaryShareClass4 2024-10-01 2025-09-30 05122604 bus:OrdinaryShareClass5 2024-10-01 2025-09-30 05122604 bus:OtherShareClass1 2024-10-01 2025-09-30 05122604 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 05122604 bus:Agent1 2024-10-01 2025-09-30 05122604 core:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 05122604 core:ShareCapital 2024-10-01 2025-09-30 05122604 core:Goodwill 2024-10-01 2025-09-30 05122604 core:MotorVehicles 2024-10-01 2025-09-30 05122604 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 05122604 core:PlantMachinery 2024-10-01 2025-09-30 05122604 1 2024-10-01 2025-09-30 05122604 countries:England 2024-10-01 2025-09-30 05122604 2024-09-30 05122604 core:RetainedEarningsAccumulatedLosses 2024-09-30 05122604 core:ShareCapital 2024-09-30 05122604 core:Goodwill 2024-09-30 05122604 core:MotorVehicles 2024-09-30 05122604 core:OtherPropertyPlantEquipment 2024-09-30 05122604 2023-10-01 2024-09-30 05122604 2024-09-30 05122604 bus:OrdinaryShareClass1 2024-09-30 05122604 bus:OrdinaryShareClass2 2024-09-30 05122604 bus:OrdinaryShareClass3 2024-09-30 05122604 bus:OrdinaryShareClass4 2024-09-30 05122604 bus:OrdinaryShareClass5 2024-09-30 05122604 bus:OtherShareClass1 2024-09-30 05122604 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2024-09-30 05122604 core:CurrentFinancialInstruments 2024-09-30 05122604 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 05122604 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 05122604 core:Goodwill 2024-09-30 05122604 core:MotorVehicles 2024-09-30 05122604 core:OtherPropertyPlantEquipment 2024-09-30 05122604 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 05122604 core:ShareCapital 2023-10-01 2024-09-30 05122604 2023-09-30 05122604 core:RetainedEarningsAccumulatedLosses 2023-09-30 05122604 core:ShareCapital 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05122604

Becketts F S Ltd
trading as Becketts F S Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 September 2025

Becketts F S Ltd
trading as Becketts F S Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Statement of Comprehensive Income | 5
Balance Sheet | 6 to 7
Statement of Changes in Equity | 8
Notes to the Unaudited Financial Statements | 9 to 16

Becketts F S Ltd
trading as Becketts F S Limited

Company Information

Directors | Mr D McLoughney FPFS, IMC Mrs LT McLoughney FCA Mr James Edward Thompson FPFS,IMC

Company secretary | Mrs LT McLoughney FCA

Registered office | Beckett House Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Accountants | Beckett Rawcliffe Limited Chartered AccountantsUnit 17, Beckett House Sovereign Court Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Becketts F S Ltd
trading as Becketts F S Limited

Directors' Report for the Year Ended 30 September 2025

The directors present their report and the financial statements for the year ended 30 September 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr D McLoughney FPFS, IMC

Mrs LT McLoughney FCA - Company secretary and director

Mr James Edward Thompson FPFS,IMC

Principal activity

The principal activity of the company is provision of independent financial services

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 16 October 2025 and signed on its behalf by:

......................................... Mr D McLoughney FPFS, IMC Director | ......................................... Mrs LT McLoughney FCA Company secretary and director |

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Becketts F S Ltd
trading as Becketts F S Limited
for the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Becketts F S Ltd for the year ended 30 September 2025 as set out on pages 4 to 16 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Becketts F S Ltd, as a body, in accordance with the terms of our engagement letter dated 1 February 2005. Our work has been undertaken solely to prepare for your approval the accounts of Becketts F S Ltd and state those matters that we have agreed to state to the Board of Directors of Becketts F S Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Becketts F S Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Becketts F S Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Becketts F S Ltd. You consider that Becketts F S Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Becketts F S Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Beckett Rawcliffe Limited
Chartered Accountants
Unit 17, Beckett House
Sovereign Court
Wyrefields
Poulton Le Fylde
Lancashire
FY6 8JX

16 October 2025

Becketts F S Ltd
trading as Becketts F S Limited

Profit and Loss Account for the Year Ended 30 September 2025

| Note | 2025 £ | 2024 £
Turnover |  | 2,086,497 | 1,555,195
Cost of sales |  | (171,208) | (151,228)
Gross profit |  | 1,915,289 | 1,403,967
Administrative expenses |  | (1,617,886) | (1,002,632)
Other operating income |  | 10,182 | 430
Operating profit |  | 307,585 | 401,765
Profit before tax |  | 307,585 | 401,765
Tax on profit |  | (90,820) | (213,032)
Profit for the financial year |  | 216,765 | 188,733

The above results were derived from continuing operations.

Becketts F S Ltd
trading as Becketts F S Limited

Statement of Comprehensive Income for the Year Ended 30 September 2025

| 2025 £ | 2024 £
Profit for the year | 216,765 | 188,733
Other comprehensive income | - | 32,718
Total comprehensive income for the year | 216,765 | 221,451

Becketts F S Ltd
trading as Becketts F S Limited

(Registration number: 05122604)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 74,469 | 104,457
Tangible assets | 5 | 568,079 | 446,651
|  | 642,548 | 551,108
Current assets |  |  |
Debtors | 7 | 53,532 | 69,959
Other financial assets | 6 | 15,446 | 257,446
Cash at bank and in hand |  | 386,005 | 216,594
|  | 454,983 | 543,999
Creditors: Amounts falling due within one year | 8 | (250,413) | (278,988)
Net current assets |  | 204,570 | 265,011
Total assets less current liabilities |  | 847,118 | 816,119
Creditors: Amounts falling due after more than one year | 8 | (381,191) | (283,735)
Provisions for liabilities |  | (142,019) | (111,663)
Net assets |  | 323,908 | 420,721
Capital and reserves |  |  |
Called up share capital | 9 | 48 | 48
Retained earnings |  | 323,860 | 420,673
Shareholders' funds |  | 323,908 | 420,721

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 16 October 2025 and signed on its behalf by:

Becketts F S Ltd
trading as Becketts F S Limited

(Registration number: 05122604)
Balance Sheet as at 30 September 2025

......................................... Mr D McLoughney FPFS, IMC Director | ......................................... Mrs LT McLoughney FCA Company secretary and director |

Becketts F S Ltd
trading as Becketts F S Limited

Statement of Changes in Equity for the Year Ended 30 September 2025

| Share capital £ | Retained earnings £ | Total £
At 1 October 2024 | 48 | 420,673 | 420,721
Profit for the year | - | 216,765 | 216,765
Dividends | - | (313,578) | (313,578)
At 30 September 2025 | 48 | 323,860 | 323,908

| Share capital £ | Retained earnings £ | Total £
At 1 October 2023 | 48 | 493,920 | 493,968
Profit for the year | - | 188,733 | 188,733
Other comprehensive income | - | 32,718 | 32,718
Total comprehensive income | - | 221,451 | 221,451
Dividends | - | (294,698) | (294,698)
At 30 September 2024 | 48 | 420,673 | 420,721

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Beckett House
Wyrefields
Poulton Le Fylde
Lancashire
FY6 8JX
England

These financial statements were authorised for issue by the Board on 16 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 10% reducing balance
Motor vehicles | 18% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Amortisation | 16.66% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 19 (2024 - 22).

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 October 2024 | 180,000 | 180,000
At 30 September 2025 | 180,000 | 180,000
Amortisation
At 1 October 2024 | 75,543 | 75,543
Amortisation charge | 29,988 | 29,988
At 30 September 2025 | 105,531 | 105,531
Carrying amount
At 30 September 2025 | 74,469 | 74,469
At 30 September 2024 | 104,457 | 104,457

5 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 October 2024 | 443,830 | 180,876 | 624,706
Additions | 195,533 | 4,199 | 199,732
At 30 September 2025 | 639,363 | 185,075 | 824,438
Depreciation
At 1 October 2024 | 110,095 | 67,960 | 178,055
Charge for the year | 66,768 | 11,536 | 78,304
At 30 September 2025 | 176,863 | 79,496 | 256,359
Carrying amount
At 30 September 2025 | 462,500 | 105,579 | 568,079
At 30 September 2024 | 333,735 | 112,916 | 446,651

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6 | Other financial assets (current and non-current)

| 2025 £ | 2024 £
Non-current financial assets

| 2025 £ | 2024 £
Current financial assets
Financial assets at fair value through profit and loss | 15,446 | 257,446

7 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 43,076 | 30,878
Other debtors | 10,456 | 39,081
| 53,532 | 69,959

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 61,704 | 50,952
Taxation and social security |  | 60,528 | 105,453
Accruals and deferred income |  | 127,053 | 114,455
Other creditors |  | 1,128 | 8,128
|  | 250,413 | 278,988

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 381,191 | 283,735

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 48 | 48 | 48 | 48
Ordinary A of £0 each | - | - | - | -
Ordinary B of £0 each | - | - | - | -
Ordinary C of £0 each | - | - | - | -
Bonus Issue of £0 each | - | - | - | -
Ordinary D of £0 each | - | - | - | -
| 48 | 48 | 48 | 48

10 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £6,532.00 (2024 - £6,140.00) per ordinary share |  | 313,578 |  | 294,698

Becketts F S Ltd
trading as Becketts F S Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

11 | Parent and ultimate parent undertaking

Wholly owned subsidiary
The company's immediate parent is Becketts Financial Group Ltd , incorporated in England.
The most senior parent entity producing publicly available financial statements is Becketts Financial Group Ltd.