Registered number
09879550
Bell Walk Dry Cleaners Ltd
Filleted Accounts
30 November 2021
Bell Walk Dry Cleaners Ltd
Registered number: 09879550
Balance Sheet
as at 30 November 2021
Notes 2021 2020
£ £
Fixed assets
Intangible assets 3 30,614 37,294
Tangible assets 4 25,831 32,926
56,445 70,220
Current assets
Debtors 5 898 4,821
Cash at bank and in hand 34,699 21,184
35,597 26,005
Creditors: amounts falling due within one year 6 (15,790) (29,469)
Net current assets/(liabilities) 19,807 (3,464)
Total assets less current liabilities 76,252 66,756
Creditors: amounts falling due after more than one year 7 (72,369) (65,906)
Net assets 3,883 850
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,783 750
Shareholders' funds 3,883 850
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G I Dixon
Director
Approved by the board on 31 December 2021
Bell Walk Dry Cleaners Ltd
Notes to the Accounts
for the year ended 30 November 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Motor vehicle over 3 years
Plant and machinery over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 4 4
3 Intangible fixed assets £
Goodwill:
Cost
At 1 December 2020 66,798
At 30 November 2021 66,798
Amortisation
At 1 December 2020 29,504
Provided during the year 6,680
At 30 November 2021 36,184
Net book value
At 30 November 2021 30,614
At 30 November 2020 37,294
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Land and buildings Plant and machinery Motor vehicles Total
£ £ £ £
Cost
At 1 December 2020 1 60,049 2,300 62,350
Additions - 491 - 491
At 30 November 2021 1 60,540 2,300 62,841
Depreciation
At 1 December 2020 - 28,658 766 29,424
Charge for the year - 6,820 766 7,586
At 30 November 2021 - 35,478 1,532 37,010
Net book value
At 30 November 2021 1 25,062 768 25,831
At 30 November 2020 1 31,391 1,534 32,926
5 Debtors 2021 2020
£ £
Other debtors 898 4,821
6 Creditors: amounts falling due within one year 2021 2020
£ £
Bank loans and overdrafts 7,000 15,000
Obligations under finance lease and hire purchase contracts - 2,644
Corporation tax 1,757 4,138
Other taxes and social security costs 7,033 5,687
Other creditors - 2,000
15,790 29,469
7 Creditors: amounts falling due after one year 2021 2020
£ £
Bank loans 24,500 -
Obligations under finance lease and hire purchase contracts - 10,356
Other creditors 47,869 55,550
72,369 65,906
8 Other information
Bell Walk Dry Cleaners Ltd is a private company limited by shares and incorporated in England. Its registered office is:
3 Lashbrooks Road
Uckfield
East Sussex
TN22 2AY
Bell Walk Dry Cleaners Ltd 09879550 false 2020-12-01 2021-11-30 2021-11-30 VT Final Accounts April 2022 G I Dixon No description of principal activity 09879550 2019-12-01 2020-11-30 09879550 core:WithinOneYear 2020-11-30 09879550 core:AfterOneYear 2020-11-30 09879550 core:ShareCapital 2020-11-30 09879550 core:RetainedEarningsAccumulatedLosses 2020-11-30 09879550 2020-12-01 2021-11-30 09879550 bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 09879550 bus:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 09879550 bus:Director40 2020-12-01 2021-11-30 09879550 core:Goodwill 2020-12-01 2021-11-30 09879550 core:LandBuildings 2020-12-01 2021-11-30 09879550 core:PlantMachinery 2020-12-01 2021-11-30 09879550 core:Vehicles 2020-12-01 2021-11-30 09879550 countries:England 2020-12-01 2021-11-30 09879550 bus:FRS102 2020-12-01 2021-11-30 09879550 bus:FullAccounts 2020-12-01 2021-11-30 09879550 2021-11-30 09879550 core:WithinOneYear 2021-11-30 09879550 core:AfterOneYear 2021-11-30 09879550 core:ShareCapital 2021-11-30 09879550 core:RetainedEarningsAccumulatedLosses 2021-11-30 09879550 core:Goodwill 2021-11-30 09879550 core:LandBuildings 2021-11-30 09879550 core:PlantMachinery 2021-11-30 09879550 core:Vehicles 2021-11-30 09879550 2020-11-30 09879550 core:Goodwill 2020-11-30 09879550 core:LandBuildings 2020-11-30 09879550 core:PlantMachinery 2020-11-30 09879550 core:Vehicles 2020-11-30 iso4217:GBP xbrli:pure