Beacon Autos (West Midlands) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05587283 (England and Wales)

BEACON AUTOS (WEST MIDLANDS) LIMITED

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

Director:

K Perry

Registered office:

38 Rectory Road

Sutton Coldfield

West Midlands

B75 7AS

Registered number:

05587283 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

CUBO Birmingham

4th Floor

Two Chamberlain Square

Birmingham

West Midlands

B3 3AX

Fixed assets

Tangible assets

4

53,401

76,417

Current assets

Stocks

7,700

7,500

Debtors

5

232,765

227,087

Cash at bank and in hand

607,359

517,742

847,824

752,329

Creditors

Amounts falling due within one year

6

126,951

138,073

Net current assets

720,873

614,256

Total assets less current liabilities

774,274

690,673

Provisions for liabilities

9,530

12,113

Net assets

764,744

678,560

Capital and reserves

Called up share capital

100

Retained earnings

764,644

678,460

Shareholders' funds

764,744

678,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 27 February 2026 and were signed by:

K Perry - Director

1.	Statutory information

Beacon Autos (West Midlands) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each period end the director reviews the carrying amounts of fixed assets for indicators of impairment. Where such indication exists, the recoverable amount of the asset is estimated and the difference between recoverable amount and carrying amount is released as an impairment loss to Profit or Loss. Impairment losses may subsequently be reversed fully or partially, if the conditions of impairment no longer apply, with the reversal credited to Profit or Loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are reviewed for impairment (see fixed asset note for further details).

Financial instruments

The company has adopted the small company exemption from the FRS 102 disclosure requirements in respect of financial instruments.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of unused holiday entitlement is recognised in the period in which the employee's services are received.

3.	Employees and directors

The average number of employees during the year was 12 (2024 - 12 ) .

4.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

Cost

At 1 November 2024

162,433

166,136

328,569

Additions

-

60,149

Disposals

-

(102,649

)

(102,649

)

At 31 October 2025

162,433

123,636

286,069

Depreciation

At 1 November 2024

119,612

132,540

252,152

Charge for year

6,423

15,692

22,115

Eliminated on disposal

-

(41,599

)

(41,599

)

At 31 October 2025

126,035

106,633

232,668

Net book value

At 31 October 2025

36,398

17,003

53,401

At 31 October 2024

42,821

33,596

76,417

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

222,767

214,697

Prepayments

9,998

12,390

232,765

227,087

6.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

17,328

42,484

Tax

48,996

38,173

Social security and other taxes

7,846

4,858

Net Wages/Pensions

280

-

VAT

45,957

38,824

Other creditors

2,407

9,806

Directors' current accounts

1,252

1,043

Accrued expenses

2,885

126,951

138,073