Beady Race Ltd 31/03/2026 iXBRL

Company registration number: 09419132

Beady Race Ltd

Unaudited filleted financial statements

31 March 2026

Beady Race Ltd

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Beady Race Ltd

Directors and other information


	Director	Mr. Michael Robert Jones


	Company number	09419132


	Registered office	Betchton Manor
		Cappers Lane
		Betchton
		Cheshire
		CW11 2TN


	Business address	Betchton Manor
		Cappers Lane
		Betchton
		Cheshire
		CW11 2TN


	Accountants	Everyday Accounting (Cheshire) Limited
		3B Crewe Road
		Alsager
		Stoke-on-Trent
		Staffordshire
		ST7 2EW

Beady Race Ltd

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	50,448		55,317
		_______		_______
			50,448		55,317

Current assets
Debtors	6	52,517		58,809
Cash at bank and in hand		12,925		14,346
		_______		_______
		65,442		73,155
Creditors: amounts falling due
within one year	7	( 8,711)		( 37,865)
		_______		_______
Net current assets			56,731		35,290
			_______		_______
Total assets less current liabilities			107,179		90,607


Provisions for liabilities			( 3,712)		( 4,607)

			_______		_______
Net assets			103,467		86,000
			_______		_______

Capital and reserves
Called up share capital			1		1
Fair value reserve			11,618		12,055
Profit and loss account			91,848		73,944
			_______		_______
Shareholder funds			103,467		86,000
			_______		_______

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

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.

These financial statements were approved by the board of directors and authorised for issue on 02 October 2026 , and are signed on behalf of the board by:

Mr. Michael Robert Jones

Director

Company registration number: 09419132

Beady Race Ltd

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 Betchton Manor, Cappers Lane, Betchton, Cheshire, CW11 2TN.

2. Statement of compliance

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

Turnover

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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:


Buildings	-	4 %	straight line
Plant and machinery	-	33.33 %	straight line
Fittings fixtures and equipment	-	33.33 %	straight line

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

Impairment

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.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 0 (2025: 0 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£	£
Cost
At 1 April 2025	53,500	35,445	5,138	94,083
Additions	-	-	1,108	1,108
Disposals	-	( 1,279)	-	( 1,279)
	_______	_______	_______	_______
At 31 March 2026	53,500	34,166	6,246	93,912
	_______	_______	_______	_______
Depreciation
At 1 April 2025	2,140	32,136	4,490	38,766
Charge for the year	2,140	3,144	693	5,977
Disposals	-	( 1,279)	-	( 1,279)
	_______	_______	_______	_______
At 31 March 2026	4,280	34,001	5,183	43,464
	_______	_______	_______	_______
Carrying amount
At 31 March 2026	49,220	165	1,063	50,448
	_______	_______	_______	_______
At 31 March 2025	51,360	3,309	648	55,317
	_______	_______	_______	_______

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:


	Freehold property	Total
	£	£
At 31 March 2026
Aggregate cost	39,510	39,510
Aggregate depreciation	(3,160)	(3,160)
	_______	_______
Carrying amount	36,350	36,350
	_______	_______

At 31 March 2025
Aggregate cost	39,510	39,510
Aggregate depreciation	(1,580)	(1,580)
	_______	_______
Carrying amount	37,930	37,930
	_______	_______

The property was revalued during the year ended 31 March 2025.

6. Debtors

	2026	2025
	£	£
Trade debtors	50,344	43,221
Other debtors	2,173	15,588
	_______	_______
	52,517	58,809
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	-	3,700
Corporation tax	4,649	-
Social security and other taxes	1,757	-
Other creditors	2,305	34,165
	_______	_______
	8,711	37,865
	_______	_______

8. Revaluation reserve

Included within other reserves is the fair value reserve as follows:

	2026	2025
	£	£
At start of year	12,055	-
Revaluation of tangible fixed assets	-	15,570
Transfers to profit and loss reserve	(560)	(560)
Deferred tax on revaulation of tangible fixed assets	123	(2,955)
	_______	_______
At end of year	11,618	12,055
	_______	_______

The tax treatment of the items included above is measured at tax rates and laws that have been enacted or substantively enacted at the reporting date.

9. Directors advances, credits and guarantees

On 5 December 2025 the director received an advance of £ 8,967 . There were then further advances of £ 772 made. All advances totalling £ 9,739 were repaid in full on 23 February 2026. All advances were interest free and repayable on demand.