BEACON RESOURCES LIMITED

BEACON RESOURCES LIMITED

BEACON RESOURCES LIMITED - Company Information

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BEACON RESOURCES LIMITED

Company Registration Number:
03272632 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

BEACON RESOURCES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

BEACON RESOURCES LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors:   35,599 35,670
Cash at bank and in hand: 495,840 552,320
Investments:   0 0
Total current assets: 531,439 587,990
Creditors: amounts falling due within one year:   (1,047) 0
Net current assets (liabilities): 530,392 587,990
Total assets less current liabilities: 530,392 587,990
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 530,392 587,990
Capital and reserves
Called up share capital: 1,450,000 1,450,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (919,608) (862,010)
Shareholders funds: 530,392 587,990

The notes form part of these financial statements

BEACON RESOURCES LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2019
and signed on behalf of the board by:

Name: P M McCartney
Status: Director

The notes form part of these financial statements

BEACON RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BEACON RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 2 2

BEACON RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Related party transactions

Name of the related party: Hornabrook Resources Ltd
Relationship:
SA Hornabrook, AB Hornabrook and PM McCartney are directors of this company.
Description of the Transaction: Other debtors in 2018 includes £508 (2017 - £578) owed byHornabrook Resources Ltd largely relating to FX gains whentransferring amounts due from the subsidiary to HornabrookResources Ltd
£
Balance at 01 January 2018 578
Balance at 31 December 2018 508