1 April 2022 false Taxfiler 2023.10 07268091business:PrivateLimitedCompanyLtd2022-04-012023-03-31 072680912022-03-31 072680912022-04-012023-03-31 07268091business:AuditExemptWithAccountantsReport2022-04-012023-03-31 07268091business:FilletedAccounts2022-04-012023-03-31 072680912023-03-31 07268091business:Director12022-04-012023-03-31 07268091business:RegisteredOffice2022-04-012023-03-31 072680912022-03-31 07268091core:WithinOneYear2023-03-31 07268091core:WithinOneYear2022-03-31 07268091core:AfterOneYear2023-03-31 07268091core:AfterOneYear2022-03-31 07268091core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07268091core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 07268091core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07268091core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 07268091core:PreviouslyStatedAmount2023-03-31 07268091core:PreviouslyStatedAmount2022-03-31 07268091business:SmallEntities2022-04-012023-03-31 07268091countries:EnglandWales2022-04-012023-03-31 07268091core:PlantMachinery2022-04-012023-03-31 07268091core:ComputerEquipment2022-04-012023-03-31 07268091core:Goodwill2022-03-31 07268091core:Goodwill2023-03-31 07268091core:PlantMachinery2022-03-31 07268091core:FurnitureFittings2022-03-31 07268091core:ComputerEquipment2022-03-31 07268091core:PlantMachinery2023-03-31 07268091core:FurnitureFittings2023-03-31 07268091core:ComputerEquipment2023-03-31 07268091core:FurnitureFittings2022-04-012023-03-31 072680912021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07268091 (England and Wales)
BellaCrafts Limited Unaudited accounts for the year ended 31 March 2023
BellaCrafts Limited Unaudited accounts Contents
Page
- 2 -
BellaCrafts Limited Company Information for the year ended 31 March 2023
Director
Belinda Sampson
Company Number
07268091 (England and Wales)
Registered Office
THE BARN WINCHESTER ROAD FAIR OAK EASTLEIGH HAMPSHIRE SO50 7HD
Accountants
For and on Behalf of Tee Accounts Limited t/a On The Spot Rosehill House Polgooth PL26 7BA
- 3 -
BellaCrafts Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,955 
7,941 
Current assets
Inventories
16,912 
16,912 
Debtors
10,651 
8,261 
Cash at bank and in hand
5,002 
37,328 
32,565 
62,501 
Creditors: amounts falling due within one year
(38,765)
(36,094)
Net current (liabilities)/assets
(6,200)
26,407 
Total assets less current liabilities
(245)
34,348 
Creditors: amounts falling due after more than one year
(23,753)
(31,978)
Net (liabilities)/assets
(23,998)
2,370 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(23,999)
2,369 
Shareholders' funds
(23,998)
2,370 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 26 October 2023 and were signed on its behalf by
Belinda Sampson Director Company Registration No. 07268091
- 4 -
BellaCrafts Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
BellaCrafts Limited is a private company, limited by shares, registered in England and Wales, registration number 07268091. The registered office is THE BARN WINCHESTER ROAD, FAIR OAK, EASTLEIGH, HAMPSHIRE, SO50 7HD.
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.
3
Accounting policies
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.
Turnover
Turnover is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Intangible fixed assets
Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years.
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:
Plant & machinery
25% per annum, reducing balance
Computer equipment
33.33% per annum, straight line
Stock
Stock is valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
21,000 
At 31 March 2023
21,000 
Amortisation
At 1 April 2022
21,000 
At 31 March 2023
21,000 
Net book value
At 31 March 2023
- 
- 5 -
BellaCrafts Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
5,676 
10,483 
5,872 
22,031 
At 31 March 2023
5,676 
10,483 
5,872 
22,031 
Depreciation
At 1 April 2022
3,545 
8,120 
2,425 
14,090 
Charge for the year
533 
591 
862 
1,986 
At 31 March 2023
4,078 
8,711 
3,287 
16,076 
Net book value
At 31 March 2023
1,598 
1,772 
2,585 
5,955 
At 31 March 2022
2,131 
2,363 
3,447 
7,941 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,651 
8,261 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,608 
9,608 
VAT
11,585 
7,808 
Trade creditors
2,034 
129 
Taxes and social security
4,880 
5,024 
Other creditors
137 
105 
Loans from directors
10,521 
13,420 
38,765 
36,094 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,753 
31,978 
9
Average number of employees
During the year the average number of employees was 20 (2022: 18).
- 6 -