Company Registration No. 02992457 (England and Wales)
BEACONSFIELD
Unaudited accounts
for the year ended 31 March 2020
BEACONSFIELD
Unaudited accounts
Contents
BEACONSFIELD
Company Information
for the year ended 31 March 2020
Director
Angela Hilary WEIGHT
Company Number
02992457 (England and Wales)
Registered Office
22 NEWPORT STREET
VAUXHALL
LONDON
SE11 6AY
Accountants
Q Accountants Ltd
Unit 1, 82 Rivington Street
London
EC2A 3AZ
BEACONSFIELD
Statement of financial position
as at
31 March 2020
Tangible assets
10,695
14,261
Inventories
19,050
19,050
Cash at bank and in hand
31,030
44,512
Creditors: amounts falling due within one year
(2,579)
(2,404)
Net current assets
76,617
72,939
Profit and loss account
87,312
87,200
Members' funds
87,312
87,200
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 February 2021 and were signed on its behalf by
Angela Hilary WEIGHT
Director
Company Registration No. 02992457
BEACONSFIELD
Notes to the Accounts
for the year ended 31 March 2020
BEACONSFIELD is a private company, limited by guarantee, registered in England and Wales, registration number 02992457. The registered office is 22 NEWPORT STREET, VAUXHALL, LONDON, SE11 6AY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended
31 March 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
10 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% RBM
Fixtures & fittings
25% RBM
Computer equipment
25% RBM
BEACONSFIELD
Notes to the Accounts
for the year ended 31 March 2020
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2019
174,258
25,842
30,779
4,220
235,099
At 31 March 2020
174,258
25,842
30,779
4,220
235,099
At 1 April 2019
161,414
25,391
30,440
3,593
220,838
Charge for the year
3,211
113
85
157
3,566
At 31 March 2020
164,625
25,504
30,525
3,750
224,404
At 31 March 2020
9,633
338
254
470
10,695
At 31 March 2019
12,844
451
339
627
14,261
Finished goods
19,050
19,050
Accrued income and prepayments
14,787
687
Other debtors
11,094
11,094
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
1,992
1,059
Taxes and social security
587
966
Loans from directors
-
379
8
Company limited by guarantee
The company is a Registered Charity, registered in England & Wales, Charity registration number 1046852, and is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 2 (2019: 2).
BEACONSFIELD
Notes to the Accounts
for the year ended 31 March 2020
10
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 April 2018
31 March 2019
Capital and reserves (as previously stated)
-
-
Unrestricted Reserves
58,828
60,086
Restricted Reserves
17,114
27,114
Capital and reserves (as restated)
75,942
87,200