Beams Limited - Accounts to registrar (filleted) - small 18.2

Beams Limited - Accounts to registrar (filleted) - small 18.2

BEAMS LIMITED - Company Information

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REGISTERED NUMBER: 02792915 (England and Wales)















BEAMS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018





Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP








BEAMS LIMITED (REGISTERED NUMBER: 02792915)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018










Page

Company Information 1

Accountants' Report 2 to 3

Abridged Statement of Financial Position 4 to 5

Notes to the Financial Statements 6 to 8


BEAMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2018







DIRECTORS: D V Brand
R H Threlfall
V A Scott





SECRETARY: R A Jameson





REGISTERED OFFICE: The Castle
Hertford
Hertfordshire
SG14 1HR





REGISTERED NUMBER: 02792915 (England and Wales)





ACCOUNTANTS: Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP
Page 1
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BEAMS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only
required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and
certain other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Beams Limited for the year ended 31st March 2018 which comprise
the Income Statement, Abridged Statement of Financial Position, Statement of Changes in Equity and the
related notes from the company's accounting records and from information and explanations you have
given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Beams Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Beams Limited and state those matters that we have agreed to state to the Board of Directors of Beams Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Beams Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Beams Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Beams Limited. You consider that Beams Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beams Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP



This page does not form part of the statutory financial statements

Page 2
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BEAMS LIMITED


18th September 2018

This page does not form part of the statutory financial statements

Page 3
BEAMS LIMITED (REGISTERED NUMBER: 02792915)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MARCH 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 26,346 28,192
Cash at bank and in hand 36,967 30,088
63,313 58,280
CREDITORS
Amounts falling due within one year (29,698 ) (24,665 )
NET CURRENT ASSETS 33,615 33,615
TOTAL ASSETS LESS CURRENT
LIABILITIES
33,615
33,615

CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Retained earnings 23,615 23,615
SHAREHOLDERS' FUNDS 33,615 33,615

The notes form part of these financial statements

Page 4
BEAMS LIMITED (REGISTERED NUMBER: 02792915)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 12th September 2018 and were
signed on its behalf by:





D V Brand - Director


The notes form part of these financial statements

Page 5
BEAMS LIMITED (REGISTERED NUMBER: 02792915)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018


1. STATUTORY INFORMATION

Beams 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. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements are prepared on a going concern basis and under the historical cost
convention.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these
financial statements.

Turnover
Turnover represents the total invoice value, excluding value added tax, trade discounts and all other
taxes of sales made during the year.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 3 - 5 years straight line

Tax
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 statement of financial position date.


Page 6
BEAMS LIMITED (REGISTERED NUMBER: 02792915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not
reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
Cost
At 1st April 2017 3,724
Disposals (3,724 )
At 31st March 2018 -
Depreciation
At 1st April 2017 3,724
Eliminated on disposal (3,724 )
At 31st March 2018 -
Net book value
At 31st March 2018 -
At 31st March 2017 -

Page 7
BEAMS LIMITED (REGISTERED NUMBER: 02792915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018


6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
10,000 Ordinary shares £1 10,000 10,000

Page 8