Beaufort (Cheltenham) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10777640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

FOR

BEAUFORT (CHELTENHAM) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Durrant

E A Robinson

SECRETARY:

REGISTERED OFFICE:

Unit 10 Bramery Business Park

Alstone Lane

Cheltenham

Gloucestershire

GL51 8HE

REGISTERED NUMBER:

10777640 (England and Wales)

ACCOUNTANTS:

Devereux & Co

3 Court Mews

268 London Road

Charlton Kings

Cheltenham

Gloucestershire

GL52 6HS

SOLICITORS:

Midwinters

Solicitors

1-3 Crescent Place

Cheltenham

Gloucestershire

GL50 3PJ

FIXED ASSETS

Tangible assets

4

2,364,515

2,184,222

CURRENT ASSETS

Debtors

5

707,880

753,196

Cash at bank

1,503

24,717

709,383

777,913

CREDITORS

Amounts falling due within one year

6

1,155,477

1,149,810

NET CURRENT LIABILITIES

(446,094

)

(371,897

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,918,421

1,812,325

CREDITORS

Amounts falling due after more than one year

7

2,039,105

1,991,246

NET LIABILITIES

(120,684

)

(178,921

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(120,784

)

(179,021

)

SHAREHOLDERS' FUNDS

(120,684

)

(178,921

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2021 and were signed on its behalf by:

M Durrant - Director

E A Robinson - Director

1.	STATUTORY INFORMATION

Beaufort (Cheltenham) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2020

2,144,733

46,458

2,191,191

Additions

185,478

868

186,346

At 31 May 2021

2,330,211

47,326

2,377,537

DEPRECIATION

At 1 June 2020

-

6,969

6,969

Charge for year

-

6,053

6,053

At 31 May 2021

-

13,022

13,022

NET BOOK VALUE

At 31 May 2021

2,330,211

34,304

2,364,515

At 31 May 2020

2,144,733

39,489

2,184,222

Included in cost of land and buildings is freehold land of £ 2,330,211 (2020 - £ 2,144,733 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

44,688

2,160

Other debtors

663,192

751,036

707,880

753,196

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

81,900

76,599

Trade creditors

6,233

2,229

Taxation and social security

4,094

-

Other creditors

1,063,250

1,070,982

1,155,477

1,149,810

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

2,039,105

1,991,246

8.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Bank loans

2,121,005

2,067,845