W R Bettelley Limited 04682617 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of funeral directors Digita Accounts Production Advanced 6.30.9574.0 true 04682617 2022-04-01 2023-03-31 04682617 2023-03-31 04682617 core:RetainedEarningsAccumulatedLosses 2023-03-31 04682617 core:ShareCapital 2023-03-31 04682617 core:CurrentFinancialInstruments 2023-03-31 04682617 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04682617 core:OtherResidualIntangibleAssets 2023-03-31 04682617 core:FurnitureFittings 2023-03-31 04682617 core:MotorVehicles 2023-03-31 04682617 core:OfficeEquipment 2023-03-31 04682617 bus:SmallEntities 2022-04-01 2023-03-31 04682617 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04682617 bus:FullAccounts 2022-04-01 2023-03-31 04682617 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04682617 bus:RegisteredOffice 2022-04-01 2023-03-31 04682617 bus:Director1 2022-04-01 2023-03-31 04682617 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04682617 core:IntangibleAssetsOtherThanGoodwill 2022-04-01 2023-03-31 04682617 core:OtherResidualIntangibleAssets 2022-04-01 2023-03-31 04682617 core:FurnitureFittings 2022-04-01 2023-03-31 04682617 core:MotorVehicles 2022-04-01 2023-03-31 04682617 core:OfficeEquipment 2022-04-01 2023-03-31 04682617 countries:EnglandWales 2022-04-01 2023-03-31 04682617 2022-03-31 04682617 core:OtherResidualIntangibleAssets 2022-03-31 04682617 core:FurnitureFittings 2022-03-31 04682617 core:MotorVehicles 2022-03-31 04682617 core:OfficeEquipment 2022-03-31 04682617 2021-04-01 2022-03-31 04682617 2022-03-31 04682617 core:RetainedEarningsAccumulatedLosses 2022-03-31 04682617 core:ShareCapital 2022-03-31 04682617 core:CurrentFinancialInstruments 2022-03-31 04682617 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04682617 core:OtherResidualIntangibleAssets 2022-03-31 04682617 core:FurnitureFittings 2022-03-31 04682617 core:MotorVehicles 2022-03-31 04682617 core:OfficeEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 04682617

W R Bettelley Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023

 

W R Bettelley Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

W R Bettelley Limited

(Registration number: 04682617)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

1,944

2,592

Tangible assets

5

136,074

24,878

 

138,018

27,470

Current assets

 

Stocks

6

2,530

4,120

Debtors

7

26,511

48,567

Cash at bank and in hand

 

163,086

209,829

 

192,127

262,516

Creditors: Amounts falling due within one year

8

(87,728)

(99,186)

Net current assets

 

104,399

163,330

Total assets less current liabilities

 

242,417

190,800

Provisions for liabilities

(23,106)

-

Net assets

 

219,311

190,800

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

219,211

190,700

Shareholders' funds

 

219,311

190,800

 

W R Bettelley Limited

(Registration number: 04682617)
Balance Sheet as at 31 March 2023

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 8 September 2023 and signed on its behalf by:
 

.........................................
Mrs R Rushton
Director

 

W R Bettelley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
315 Uttoxeter Road
Normacot
Stoke On Trent
Staffordshire
ST3 5LQ
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention. These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of funeral services. Turnover is shown net of discounts where applicable.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

W R Bettelley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% straight line

Office equipment

25% straight line

Motor vehicles

20% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website

5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method..
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

W R Bettelley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2022 - 6).

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 April 2022

3,240

3,240

At 31 March 2023

3,240

3,240

Amortisation

At 1 April 2022

648

648

Amortisation charge

648

648

At 31 March 2023

1,296

1,296

Carrying amount

At 31 March 2023

1,944

1,944

At 31 March 2022

2,592

2,592

 

W R Bettelley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

5

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2022

38,784

9,341

138,386

186,511

Additions

3,384

-

130,655

134,039

Disposals

-

-

(66,000)

(66,000)

At 31 March 2023

42,168

9,341

203,041

254,550

Depreciation

At 1 April 2022

30,754

7,969

122,910

161,633

Charge for the year

2,983

666

19,194

22,843

Eliminated on disposal

-

-

(66,000)

(66,000)

At 31 March 2023

33,737

8,635

76,104

118,476

Carrying amount

At 31 March 2023

8,431

706

126,937

136,074

At 31 March 2022

8,030

1,372

15,476

24,878

6

Stocks

2023
£

2022
£

Other inventories

2,530

4,120

7

Debtors

2023
£

2022
£

Trade debtors

23,123

46,738

Other debtors

3,388

1,829

26,511

48,567

 

W R Bettelley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

8

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

3,003

3,923

Other creditors

84,725

95,263

87,728

99,186