Registration number: 11228451

Beckington Motors Ltd

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 6

Beckington Motors Ltd

(Registration number: 11228451)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	40,500	34,572
Current assets
Stocks	6	2,415	2,280
Debtors	7	20,309	5,148
Cash at bank and in hand		137,134	136,469
		159,858	143,897
Creditors: Amounts falling due within one year	8	(127,229)	(108,536)
Net current assets		32,629	35,361
Total assets less current liabilities		73,129	69,933
Provisions for liabilities		(7,719)	(7,273)
Net assets		65,410	62,660
Capital and reserves
Called up share capital		102	102
Retained earnings		65,308	62,558
Shareholders' funds		65,410	62,660

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:
 

......................................... J A Hillman Director

Beckington Motors Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

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:
Bath Road
Beckington
Frome
Somerset
BA11 6SW
England

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 provision of services 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.

Beckington Motors Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

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 than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant, tools and equipment	15% straight line
Motor vehicles	25% reducing balance
Fixtures and fittings	15% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line over 5 years

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.

Beckington Motors Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

Trade 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade 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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 6).

Beckington Motors Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	20,000	20,000
At 31 March 2026	20,000	20,000
Amortisation
At 1 April 2025	20,000	20,000
At 31 March 2026	20,000	20,000
Net book value
At 31 March 2026	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	76,766	13,105	89,871
Additions	13,575	5,200	18,775
Disposals	(309)	(9,275)	(9,584)
At 31 March 2026	90,032	9,030	99,062
Depreciation
At 1 April 2025	44,574	10,725	55,299
Charge for the year	9,951	867	10,818
Eliminated on disposal	(309)	(7,246)	(7,555)
At 31 March 2026	54,216	4,346	58,562
Net book value
At 31 March 2026	35,816	4,684	40,500
At 31 March 2025	32,192	2,380	34,572

6

Stocks

	2026 £	2025 £
Stock	2,415	2,280

Beckington Motors Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

7

Debtors

	2026 £	2025 £
Trade debtors	1,446	1,340
Other debtors	16,091	1,091
Prepayments	2,772	2,717
	20,309	5,148

8

Creditors

Amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	32,420	31,419
Taxation and social security	82,097	64,947
Accruals and deferred income	5,163	4,882
Other creditors	825	564
Loan from directors	6,724	6,724
	127,229	108,536

9	Related party transactions

Summary of transactions with other related parties

Woody Residentials Ltd
Interest-free with no set terms for repayment.

Loans to related parties

2026	Related company loan £	Total £
Advanced	15,000	15,000
At end of period	15,000	15,000