Beestons (Hadleigh) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00503643

Beestons (Hadleigh) Limited

Unaudited financial statements

31 March 2026

Beestons (Hadleigh) Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	2,989,975	2,801,614
Investments	6	200	200
		-----------	-----------
		2,990,175	2,801,814

Current assets

Stocks		55,697	63,430
Debtors	7	430,594	381,312
Cash at bank and in hand		300,021	65,221
		---------	---------
		786,312	509,963

Creditors: Amounts falling due within one year	8	( 349,359)		( 249,016)
		---------		---------
Net current assets			436,953		260,947
			-----------		-----------
Total assets less current liabilities			3,427,128		3,062,761

Creditors: Amounts falling due after more than one year	9		( 664,484)		( 393,435)

Provisions

Taxation including deferred tax	( 730,205)	( 682,510)
	-----------	-----------
Net assets	2,032,439	1,986,816
	-----------	-----------

Capital and reserves

Called up share capital	4,600	4,600
Profit and loss account	2,027,839	1,982,216
	-----------	-----------
Shareholders funds	2,032,439	1,986,816
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Beestons (Hadleigh) Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 13 July 2026 , and are signed on behalf of the board by:

S J Munson

Director

Company registration number: 00503643

Beestons (Hadleigh) Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Coach Depot, Ipswich Road, Hadleigh, IP7 6BG, Suffolk.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

Estimates and judgements used in preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition seldom equal the related actual results. Any subsequent changes are accounted for with an effect on income at the time such updated information is available. The estimates and assumptions that have a significant effect on the carrying amounts of assets and liabilities are discussed below: Depreciation is calculated using estimates of the useful economic lives and residual values of assets, which are reviewed annually. These estimates reflect the director's assessment of expected asset usage and wear and tear.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable in the ordinary course of business, and is shown net of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the sale of services is recognised when the service has been satisfactorily provided, the amount can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property Imps	-	2% straight line
Coaches	-	10% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to contractual provisions of the instrument. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at present value.

4. Employee numbers

The average number of employees during the year was 20 (2025: 22 ).

5. Tangible assets

	Leasehold property imps'	Coaches	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2025	24,300	3,394,467	187,372	152,131	3,758,270
Additions	1,430	1,388,453	8,545	4,000	1,402,428
Disposals	–	( 1,344,545)	–	–	( 1,344,545)
Transfers	–	555	( 555)	–	–
	-------	-----------	---------	---------	-----------
At 31 March 2026	25,730	3,438,930	195,362	156,131	3,816,153
	-------	-----------	---------	---------	-----------
Depreciation
At 1 April 2025	3,460	820,311	94,723	38,162	956,656
Charge for the year	3,754	239,984	14,630	11,665	270,033
Disposals	–	( 400,511)	–	–	( 400,511)
Transfers	–	14	( 14)	–	–
	-------	-----------	---------	---------	-----------
At 31 March 2026	7,214	659,798	109,339	49,827	826,178
	-------	-----------	---------	---------	-----------
Carrying amount
At 31 March 2026	18,516	2,779,132	86,023	106,304	2,989,975
	-------	-----------	---------	---------	-----------
At 31 March 2025	20,840	2,574,156	92,649	113,969	2,801,614
	-------	-----------	---------	---------	-----------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2025 and 31 March 2026	5,791
	------
Impairment
At 1 April 2025 and 31 March 2026	5,591
	------

Carrying amount
At 31 March 2026	200
	------
At 31 March 2025	200
	------

7. Debtors

	2026	2025
	£	£
Trade debtors	83,817	116,117
Amounts owed by group undertakings	105,715	75,796
Prepayments and accrued income	120,039	117,256
Other debtors	121,023	72,143
	---------	---------
	430,594	381,312
	---------	---------

At the reporting date, the Company had an outstanding balance of £105,715 due from a group company. The balance is interest-free, unsecured, and repayable on demand.

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	118,789	39,019
Amounts owed to group undertakings	200	200
Accruals and deferred income	7,605	7,555
Social security and other taxes	16,542	13,771
Obligations under finance leases and hire purchase contracts	203,485	182,004
Other creditors	2,738	6,467
	---------	---------
	349,359	249,016
	---------	---------

At the reporting date, the company had an outstanding balance of £200 due to a group company. The balance is interest-free, unsecured, and repayable on demand. At the reporting date, the company had an outstanding balance of £497 due to an associated company. The balance is interest-free, unsecured, and repayable on demand. Obligations under hire purchase agreements are secured on the assets concerned.

9. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Obligations under finance leases and hire purchase contracts	664,484	393,435
	---------	---------

Obligations under hire purchase agreements are secured on the assets concerned.