Company registration number 07496466 (England and Wales)
BELLWADE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
BELLWADE LTD
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
19,702
14,474
Current assets
265,977
292,560
Creditors: amounts falling due within one year
(58,192)
(39,997)
Net current assets
207,785
252,563
Total assets less current liabilities
227,487
267,037
Net assets
227,487
267,037
Capital and reserves
227,487
267,037
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
5
5
Included in debtors due within one year are the balances of £24,826, £4,548, £1,053 and £1,053 due to the company from Mr M Bell, Mr D Wade, Mrs L Wade and Mrs H Bell respectively in regard to their overdrawn directors loan accounts.
Interest has been charged at 2.5% in accordance with HMRC's rate of beneficial loan interest.
Bellwade Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Innovation Centre, St Cross Business Park, Newport, Isle of Wight, England, PO30 5WB.
The presentation currency of the financial statements is Pound Sterling (£).
The financial statements are rounded to the nearest £1.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
BELLWADE LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 11 October 2023 and are signed on its behalf by:
Mr D J Wade
Director
Company Registration Number 07496466