Beckett 1902 Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12831055 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2022

for

BECKETT 1902 HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J W Beech

REGISTERED OFFICE:

Beckett House

Middlemore Lane West

Walsall

West Midlands

WS9 8EF

REGISTERED NUMBER:

12831055 (England and Wales)

ACCOUNTANTS:

DJH Mitten Clarke

(The practising name of

DJH Mitten Clarke Walsall Limited)

3rd Floor

International House

Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Investments

4

81,450

-

Investment property

5

336,308

-

417,758

-

CURRENT ASSETS

Cash in hand

100

100

CREDITORS

Amounts falling due within one year

6

357,658

-

NET CURRENT (LIABILITIES)/ASSETS

(357,558

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

60,200

100

CAPITAL AND RESERVES

Called up share capital

7

200

100

Retained earnings

60,000

-

SHAREHOLDERS' FUNDS

60,200

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25th January 2023 and were signed by:

S J W Beech - Director

1.	STATUTORY INFORMATION

Beckett 1902 Holdings Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

81,450

At 31st March 2022

81,450

NET BOOK VALUE

At 31st March 2022

81,450

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

336,308

At 31st March 2022

336,308

NET BOOK VALUE

At 31st March 2022

336,308

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other creditors

357,658

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Ordinary

1

200

100

On 27th July 2021, 100 Ordinary shares were issued in exchange for 100 Ordinary shares in Beckett Abrasives Ltd.