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REGISTERED NUMBER: 04685842 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Bell Meadow Limited

Bell Meadow Limited (Registered number: 04685842)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bell Meadow Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: L S Cranfield





REGISTERED OFFICE: Rookery View
Pexhill Road
Henbury
Macclesfield
Cheshire
SK11 9PY





REGISTERED NUMBER: 04685842 (England and Wales)





ACCOUNTANTS: Pareto Tax & Wealth LLP
Level 7, Tower 12,
18-22 Bridge Street,
Spinningfields,
Manchester
M3 3BZ

Bell Meadow Limited (Registered number: 04685842)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 912 1,219
912 1,219

CURRENT ASSETS
Debtors 6 498,588 816,104
Cash at bank 349,198 267,387
847,786 1,083,491
CREDITORS
Amounts falling due within one year 7 305,415 578,803
NET CURRENT ASSETS 542,371 504,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

543,283

505,907

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 543,282 505,906
SHAREHOLDERS' FUNDS 543,283 505,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2023 and were signed by:




L S Cranfield - Director


Bell Meadow Limited (Registered number: 04685842)

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

1. STATUTORY INFORMATION

Bell Meadow Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of development work, excluding value added tax. Invoices are raised at appropriate stages of completion based on costs incurred plus a mark up.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Bell Meadow Limited (Registered number: 04685842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 170,000
AMORTISATION
At 1 April 2022
and 31 March 2023 170,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Goodwill arose on the purchase of assets, workforce and trading name of Bell Meadow Developments Limited and Bell Meadow Pulford Limited.

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 1,299 4,654 9,141 15,094
DEPRECIATION
At 1 April 2022 1,292 3,700 8,883 13,875
Charge for year 3 239 65 307
At 31 March 2023 1,295 3,939 8,948 14,182
NET BOOK VALUE
At 31 March 2023 4 715 193 912
At 31 March 2022 7 954 258 1,219

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 220,273 535,448
Amounts due from related parti es 262,174 263,350
VAT 13,898 15,782
Prepayments and accrued income 2,243 1,524
498,588 816,104

Bell Meadow Limited (Registered number: 04685842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 188,966 440,707
Tax 26,518 32,924
Other creditors 46,297 46,464
Accrued expenses 43,634 58,708
305,415 578,803

8. RELATED PARTY DISCLOSURES

The company is owned by Bell Meadow Holdings Limited which is a member of Bell Meadow Property Developments LLP (the LLP).

The balance owed from the LLP in respect of the above transactions at the year end was £217,795 (2022: £218,971).

At 31 March 2023 the company owed £36,188 (2022: £36,188) to the Taylor Jordan Partnership which is owned by S J Taylor and N R Jordan.

Bell Meadow Holdings Limited owed the company £44,379 (2022: £44,379) at the year end for corporation tax paid on its behalf.

During the year, professional fees of £114,432 (2022: £55,445) were paid to the Cranfield Partnership.
At 31 March 2023 an amount of £3,400 (2022: £5,415) was included within accruals.

9. ULTIMATE CONTROLLING PARTY

The company is wholly owned by Bell Meadow Property Holdings Limited, which is a partner in Bell Meadow Property Developments LLP, and is owned and controlled by S J Taylor and Mrs K E Jordan.