Beech Hill Investments Limited,Ltd - AccountsLtd - Accounts

Beech Hill Investments Limited,Ltd - AccountsLtd - Accounts

BEECH HILL INVESTMENTS LIMITED - Company Information

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2019-04-01 NI617158 2020-03-31 NI617158 2019-04-01 2020-03-31 NI617158 2019-03-31 NI617158 2018-04-01 2019-03-31 NI617158 uk-core:WithinOneYear 2019-03-31 NI617158 uk-core:WithinOneYear 2020-03-31 NI617158 uk-core:AfterOneYear 2019-03-31 NI617158 uk-core:AfterOneYear 2020-03-31 NI617158 uk-core:ShareCapital 2020-03-31 NI617158 uk-core:ShareCapital 2019-03-31 NI617158 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 NI617158 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 NI617158 uk-bus:Director1 2019-04-01 2020-03-31 NI617158 uk-core:AfterOneYear uk-core:Secured 2020-03-31 NI617158 uk-core:AfterOneYear uk-core:Secured 2019-03-31 iso4217:GBP xbrli:pure NI617158 uk-bus:AuditExemptWithAccountantsReport 2019-04-01 2020-03-31 NI617158 uk-bus:FRS102 2019-04-01 2020-03-31 NI617158 uk-bus:FullAccounts 2019-04-01 2020-03-31 NI617158 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
Beech Hill Investments Limited
Registered Number:NI617158
For the year ended 31 March 2020
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2020
Beech Hill Investments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI617158
As at 31 March 2020
Beech Hill Investments Limited
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
312,000
230,000
2
312,000
230,000
Current assets
Trade and other receivables
13,334
6,668
3
6,594
Cash and cash equivalents
20,531
27,199
19,928
Trade and other payables: amounts falling due within one
year
(4,796)
(2,699)
4
15,132
24,500
Net current assets
Total assets less current liabilities
336,500
245,132
Trade and other payables: amounts falling due after more
than one year
(210,930)
(292,930)
5
43,570
Net assets
34,202
Capital and reserves
Called up share capital
2
2
Retained earnings
43,568
34,200
43,570
34,202
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Shane O'Hagan Director
These financial statements were approved and authorised for issue by the Board on 23 November 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2020
Beech Hill Investments Limited
Notes to the Financial Statements
Statutory Information
Beech Hill Investments Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI617158.
Registered address:
2 Thomas Street
Dungannon
Dungannon
Tyrone
BT70 1HN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 April 2019
230,000
82,000
Additions
At 31 March 2020
312,000
At 31 March 2020
Net book value
312,000
At 31 March 2019
230,000
3. Trade and other receivables
2019
2020
£
£
Other debtors
6,668
13,334
2 of 3
5
For the year ended 31 March 2020
Beech Hill Investments Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Taxation and social security
2,198
4,315
Other creditors
501
481
2,699
4,796
5. Trade and other payables: amounts falling due after more than one year
2019
2020
£
£
Bank loans and overdraft
292,930
210,930
6. Average number of persons employed
During the year the average number of employees was 0
3 of 3