Company Registration No. 05616499 (England and Wales)
BELMONT SAFETY LIMITED
Unaudited accounts
for the year ended 31 December 2022
BELMONT SAFETY LIMITED
Unaudited accounts
Contents
BELMONT SAFETY LIMITED
Company Information
for the year ended 31 December 2022
Director
Rajan Prasad Phuyal
Company Number
05616499 (England and Wales)
Registered Office
42 HUXLEY CLOSE
WELLINGBOROUGH
NN8 6AB
ENGLAND
BELMONT SAFETY LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
3,212
4,283
Inventories
425,967
339,400
Cash at bank and in hand
10,904
-
Creditors: amounts falling due within one year
(417,225)
(363,488)
Net current assets
122,247
53,794
Total assets less current liabilities
125,459
58,077
Creditors: amounts falling due after more than one year
(143,518)
(42,912)
Net (liabilities)/assets
(18,059)
15,165
Called up share capital
3
3
Profit and loss account
(18,062)
15,162
Shareholders' funds
(18,059)
15,165
For the year ending 31 December 2022 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 his 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 28 September 2023 and were signed on its behalf by
Rajan Prasad Phuyal
Director
Company Registration No. 05616499
BELMONT SAFETY LIMITED
Notes to the Accounts
for the year ended 31 December 2022
BELMONT SAFETY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05616499. The registered office is 42 HUXLEY CLOSE, WELLINGBOROUGH, NN8 6AB, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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: Reducing balance 25% for Motor Vehicles and 20% of Fixtures and Fittings.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
25,990
5,523
31,513
At 31 December 2022
25,990
5,523
31,513
At 1 January 2022
22,311
4,919
27,230
Charge for the year
951
120
1,071
At 31 December 2022
23,262
5,039
28,301
At 31 December 2022
2,728
484
3,212
At 31 December 2021
3,679
604
4,283
Amounts falling due within one year
Trade debtors
102,601
71,201
Accrued income and prepayments
-
6,681
BELMONT SAFETY LIMITED
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
45,213
Trade creditors
417,225
313,648
Taxes and social security
-
4,627
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).