Company Registration No. 11754503 (England and Wales)
Beu Properties Ltd
Unaudited accounts
for the year ended 31 July 2025
Beu Properties Ltd
Unaudited accounts
Contents
Beu Properties Ltd
Company Information
for the year ended 31 July 2025
Company Number
11754503 (England and Wales)
Registered Office
87 Long Street
Manchester
M24 6UN
England
Accountants
The Accountants & Management Consultants Ltd
6 Frome Drive
Crumpsall
Manchester
M8 0GA
Beu Properties Ltd
Statement of financial position
as at 31 July 2025
Investment property
1,337,252
1,400,000
Cash at bank and in hand
16,743
1,409
Creditors: amounts falling due within one year
(538,963)
(197,582)
Net current (liabilities)/assets
(410,801)
13,290
Total assets less current liabilities
927,867
1,413,290
Creditors: amounts falling due after more than one year
(111,307)
(491,912)
Provisions for liabilities
Net assets
617,500
921,378
Called up share capital
2
2
Revaluation reserve
597,179
904,083
Profit and loss account
20,319
17,293
Shareholders' funds
617,500
921,378
For the year ending 31 July 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 13 April 2026 and were signed on its behalf by
Ali Spahiu
Director
Company Registration No. 11754503
Beu Properties Ltd
Notes to the Accounts
for the year ended 31 July 2025
Beu Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 11754503. The registered office is 87 Long Street, Manchester, M24 6UN, England.
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.
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.
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 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:
Computer equipment
25% on cost
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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 is recognised in respect all timing differences that have originated but not reversed at the balance sheet.
Timing differences arise from the inclusion of income and expenses in tax assessments in period different from those in which they are recognised in financial statements. Deferred 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 recongised only to the extent that it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Beu Properties Ltd
Notes to the Accounts
for the year ended 31 July 2025
The company's financial statements for the year ended 31 July 2025 have been prepared on a going concern basis as after making appropriate enquiries the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
4
Tangible fixed assets
Computer equipment
Fair value at 1 August 2024
1,400,000
If the investment property had not been revalued, it would have been included at a cost of £541,013 (2024: £683,169).
Investment property was valued on an open market basis on 31 July 2024 by the director.
The director does not consider the market value of investment property to be materially different from the value stated in the financial statements as at 31 July 2025.
Amounts falling due within one year
Other debtors
111,419
209,463
Beu Properties Ltd
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,209
11,460
Trade creditors
17,289
9,486
Taxes and social security
309
-
Other creditors
514,156
175,873
Included within short term creditors are secured loans amounting to £230,929 (2024: £20,076).
These loans are secured by way of a fixed and floating charge over the company's assets
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
111,307
483,296
Included within long term creditors are secured loans amounting to £Nil (2024: £341,720) .
These loans are secured by way of a fixed and floating charge over the company's assets.
9
Transactions with related parties
Included within other creditors less than one year is a directors' account balance of £287,236 (2024: £175,873). There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
Included within other creditors more than one year is a balance amounting to £66,641 (2024: £nil) due to companies in which a director of the company is also a director and shareholder. There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
Included within other debtors is a balance amounting to £73,417 (2024: £187,673) due from a company in which a director of the company is also a director and shareholder. There are no fixed repayment terms and no interest is chargeable by the company in respect of this balance.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).