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Company Registration No. NI014145 (Northern Ireland)
Beechmount Farms Limited Unaudited accounts for the year ended 31 March 2026
Beechmount Farms Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
847,700
855,697
Current assets
Debtors
5
25,642
2,072
Cash at bank and in hand
80,769
90,227
106,411
92,299
Creditors: amounts falling due within one year
6
(721,801)
(715,736)
Net current liabilities
(615,390)
(623,437)
Net assets
232,310
232,260
Capital and reserves
Called up share capital
7
173,075
173,075
Profit and loss account
59,235
59,185
Shareholders' funds
232,310
232,260
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by
Niall Creighton Director Company Registration No. NI014145
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Beechmount Farms Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Beechmount Farms Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI014145. The registered office is The Office Dock , Unit 2 Channel Wharf , 21 Old Channel Road, Belfast , BT3 9DE.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors believe that the company Beechmount Farms Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and revenue can be measured reliably. Turnover from the sale of cattle is recognised when the Company has transferred the significant risks and rewards of ownership to the buyer; the amount of turnover can be measured reliably; and it is probable that the Company will receive the consideration due under the transaction. Revenue from a contract to provide rental services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
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:
Land & buildings
Buildings 2% straight line. Land is not depreciated.
Plant & machinery
10% Straight line
Motor vehicles
20% Straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Beechmount Farms Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
880,095
45,371
24,571
950,037
Additions
-
3,190
-
3,190
At 31 March 2026
880,095
48,561
24,571
953,227
Depreciation
At 1 April 2025
31,002
42,171
21,167
94,340
Charge for the year
8,299
1,255
1,633
11,187
At 31 March 2026
39,301
43,426
22,800
105,527
Net book value
At 31 March 2026
840,794
5,135
1,771
847,700
At 31 March 2025
849,093
3,200
3,404
855,697
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
946
371
Trade debtors
22,956
-
Accrued income and prepayments
1,740
1,701
25,642
2,072
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
-
714
Loans from directors
712,222
712,582
Accruals
2,679
2,440
Deferred income
6,900
-
721,801
715,736
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
150,845 Ordinary shares of £1 each
150,845
150,845
22,230 Preference shares of £1 each
22,230
22,230
173,075
173,075
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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