M.L.W. BELL RACING LIMITED

Company Registration Number:
02813098 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

M.L.W. BELL RACING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

M.L.W. BELL RACING LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 179,500 209,900
Total fixed assets: 179,500 209,900
Current assets
Stocks: 151,500 134,500
Debtors:   618,249 656,381
Cash at bank and in hand: 308,562 272,989
Total current assets: 1,078,311 1,063,870
Creditors: amounts falling due within one year: 4 (391,266) (401,627)
Net current assets (liabilities): 687,045 662,243
Total assets less current liabilities: 866,545 872,143
Total net assets (liabilities): 866,545 872,143
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 866,445 872,043
Shareholders funds: 866,545 872,143

The notes form part of these financial statements

M.L.W. BELL RACING LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 July 2022
and signed on behalf of the board by:

Name: M L W Bell
Status: Director

The notes form part of these financial statements

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 34 35

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 297,994
Disposals (25,075)
At 31 December 2021 272,919
Depreciation
At 01 January 2021 88,094
Charge for year 30,400
On disposals (25,075)
At 31 December 2021 93,419
Net book value
At 31 December 2021 179,500
At 31 December 2020 209,900

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Creditors: amounts falling due within one year note

Trade Creditors 275278VAT 75711Other Creditors 18456Directors Loans 21821