Registered Number SC308635
THE BEAL GROUP LIMITED
Abbreviated Accounts
30 April 2015
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Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
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Provisions for liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Changes in accounting policies
The company is the parent undertaking of a small group and as such is not requires by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual and not about its group.
Turnover policy
Tangible assets depreciation policy
Land and buildings Freehold 2% straight line
Fixtures and fittings 15% on reducing balance
Computer Equipment 25% on cost
Investments
Fixed asset investments are shown at cost less provision for impairment.
£ | |
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Cost | |
At 1 May 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 April 2015 |
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Depreciation | |
At 1 May 2014 |
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Charge for the year |
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On disposals |
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At 30 April 2015 |
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Net book values | |
At 30 April 2015 | 996,846 |
At 30 April 2014 | 0 |
3
Fixed assets Investments
At 1 May 2014 & at 30 April 2015 - £3,481,951
Net book value
At 30 April 2014 & at 30 April 2015 - £3,481,951
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Tony Beal Group Limited - Ordinary Shares - 100.00%
Rhino Textile Products (UK) Limited - Ordinary Shares - 100.00%
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Tony Beal Group Limited £1,253,629 / £Nil
Rhino Textile Products (UK) Limited (£180,031) / (£128,552)
The assets of Tony Beal Group Limited comprise investments in Tony Beal Limited and Sport & Play (Scotland) Limited which are both wholly owned subsidiary undertakings. At 30 April 2015, the overall trading of those subsidiary undertakings continues to be profitable and this has continued since the year end.
Based on this together with the future plans for the business, the directors are of the opinion that these subsidiary undertakings will continue to improve their overall net asset position. Accordingly, they consider that there has been no dimunition in value of the investment held by The Beal Group Limited. Consequently no provision for dimunition has been made in these accounts.
2015
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2014
£ |
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Secured Debts |
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