Beechwood Studios Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10577486

BEECHWOOD STUDIOS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

BEECHWOOD STUDIOS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6	699,889	685,419
Investments	7	1,035,518	634,473
		------------	------------
		1,735,407	1,319,892

CURRENT ASSETS

Stocks		46,000	62,000
Debtors	8	943,985	738,467
Cash at bank and in hand		807,157	625,483
		------------	------------
		1,797,142	1,425,950

CREDITORS: amounts falling due within one year	9	426,794		172,208
		------------		------------
NET CURRENT ASSETS			1,370,348		1,253,742
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			3,105,755		2,573,634

PROVISIONS	50,105	43,831
	------------	------------
NET ASSETS	3,055,650	2,529,803
	------------	------------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Other reserves	110,243	–
Profit and loss account	2,945,307	2,529,703
	------------	------------
SHAREHOLDERS FUNDS	3,055,650	2,529,803
	------------	------------

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 comprehensive income 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 .

BEECHWOOD STUDIOS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 24 July 2026 , and are signed on behalf of the board by:

Mrs L White	Mr M White
Director	Director

Company registration number: 10577486

BEECHWOOD STUDIOS 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. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and 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.

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.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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.

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:

Freehold property	-	equally over 50 years
Long leasehold property	-	equally over 5 years
Plant and machinery	-	15% 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.

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 9 (2025: 9 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 April 2025 and 31 March 2026	45,000
	--------
Amortisation
At 1 April 2025 and 31 March 2026	45,000
	--------
Carrying amount
At 31 March 2026	–
	--------
At 31 March 2025	–
	--------

6. TANGIBLE ASSETS

	Freehold property	Long leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2025	531,350	53,754	126,247	54,533	121,500	887,384
Additions	–	42,382	5,026	12,046	21,047	80,501
	---------	--------	---------	--------	---------	---------
At 31 Mar 2026	531,350	96,136	131,273	66,579	142,547	967,885
	---------	--------	---------	--------	---------	---------
Depreciation
At 1 Apr 2025	21,254	10,751	76,316	9,817	83,827	201,965
Charge for the year	10,627	19,227	13,739	7,758	14,680	66,031
	---------	--------	---------	--------	---------	---------
At 31 Mar 2026	31,881	29,978	90,055	17,575	98,507	267,996
	---------	--------	---------	--------	---------	---------
Carrying amount
At 31 Mar 2026	499,469	66,158	41,218	49,004	44,040	699,889
	---------	--------	---------	--------	---------	---------
At 31 Mar 2025	510,096	43,003	49,931	44,716	37,673	685,419
	---------	--------	---------	--------	---------	---------

7. INVESTMENTS

	Listed investments
	£
Cost
At 1 April 2025	634,473
Additions	290,803
Revaluations	110,242
	------------
At 31 March 2026	1,035,518
	------------
Impairment
At 1 April 2025 and 31 March 2026	–
	------------

Carrying amount
At 31 March 2026	1,035,518
	------------
At 31 March 2025	634,473
	------------

8. DEBTORS

	2026	2025
	£	£
Trade debtors	542,890	502,914
Other debtors	401,095	235,553
	---------	---------
	943,985	738,467
	---------	---------

9. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	194,174	50,773
Corporation tax	201,376	106,040
Social security and other taxes	2,451	2,016
Other creditors	28,793	13,379
	---------	---------
	426,794	172,208
	---------	---------