Beckhouse Media Limited

(Registration number: 04084072)
Balance Sheet as at 31 October 2025

Approved and authorised by the Board on 21 July 2026 and signed on its behalf by:
 

......................................... Mrs S Ashcroft Company secretary and director

......................................... Mr D Ashcroft Director

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

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

The address of its registered office is:
2a Chapel Street,
Adlington
Chorley
Lancashire
PR7 4JL

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and rent receivable from tenants 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.

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 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 freehold land over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold buildings including improvements	2% on cost
Plant and machinery	20% reducing balance
Office equipment	33% on cost

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation and are initially recognised at cost, including directly attributable transaction costs. Subsequently, investment properties are measured at fair value at each reporting date, with changes in fair value recognised in the profit and loss account in the period in which they arise. Fair value is determined by the director using market evidence of transaction prices for similar properties in the same locations and condition, having regard to yields and other relevant assumptions.

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.

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.

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

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.

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.

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Leasehold buildings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2024	43,397	11,980	4,654	60,031
At 31 October 2025	43,397	11,980	4,654	60,031
Depreciation
At 1 November 2024	15,554	11,721	4,513	31,788
Charge for the year	868	51	141	1,060
At 31 October 2025	16,422	11,772	4,654	32,848
Carrying amount
At 31 October 2025	26,975	208	-	27,183
At 31 October 2024	27,843	259	141	28,243

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

5	Investment properties

	2025 £
At 1 November 2024	192,888
Fair value adjustments	3,858
At 31 October 2025	196,746

The investment properties are measured at fair value. Fair value has been determined by the director at 31 October 2025 using market evidence of transaction prices for similar properties in the local area.

6

debtors

	2025 £	2024 £
Prepayments	426	420
Other debtors	680	680
	1,106	1,100

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Directors' loan accounts	8	10	4
Trade creditors		2,374	2,122
Taxation and social security		1,768	1,270
Other creditors		4,436	3,356
		8,588	6,752
Due after one year
Loans and borrowings	8	90,989	90,993

Beckhouse Media Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	90,989	90,993

 

	2025 £	2024 £
Current loans and borrowings
Directors' loan accounts	10	4