IRIS Accounts Production v23.3.0.418 04783270 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047832702022-03-31047832702023-03-31047832702022-04-012023-03-31047832702021-03-31047832702021-04-012022-03-31047832702022-03-3104783270ns10:Originalns15:EnglandWales2022-04-012023-03-3104783270ns14:PoundSterlingns10:Original2022-04-012023-03-3104783270ns10:Originalns10:Director12022-04-012023-03-3104783270ns10:Original2022-04-012023-03-3104783270ns10:Originalns10:Director22022-04-012023-03-3104783270ns10:Original2023-03-3104783270ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104783270ns10:Originalns10:SmallEntities2022-04-012023-03-3104783270ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104783270ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104783270ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104783270ns10:Originalns10:FullAccounts2022-04-012023-03-3104783270ns10:Original12022-04-012023-03-3104783270ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104783270ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104783270ns10:Original2022-03-3104783270ns10:Originalns5:CurrentFinancialInstruments2023-03-3104783270ns10:Originalns5:CurrentFinancialInstruments2022-03-3104783270ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104783270ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104783270ns5:ShareCapitalns10:Original2023-03-3104783270ns5:ShareCapitalns10:Original2022-03-3104783270ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104783270ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104783270ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3104783270ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-04-012023-03-3104783270ns10:Originalns5:LeaseholdImprovements2022-04-012023-03-3104783270ns10:Originalns5:FurnitureFittings2022-04-012023-03-3104783270ns10:Original2021-04-012022-03-3104783270ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-3104783270ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-03-3104783270ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-3104783270ns10:Originalns5:LeaseholdImprovements2022-03-3104783270ns10:Originalns5:FurnitureFittings2022-03-3104783270ns10:Originalns5:ComputerEquipment2022-03-3104783270ns10:Original2022-03-3104783270ns10:Originalns5:ComputerEquipment2022-04-012023-03-3104783270ns10:Originalns5:LeaseholdImprovements2023-03-3104783270ns10:Originalns5:FurnitureFittings2023-03-3104783270ns10:Originalns5:ComputerEquipment2023-03-3104783270ns10:Originalns5:LeaseholdImprovements2022-03-3104783270ns10:Originalns5:FurnitureFittings2022-03-3104783270ns10:Originalns5:ComputerEquipment2022-03-3104783270ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104783270ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 04783270 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

STUDHOLME - BELL LIMITED

STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUDHOLME - BELL LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A W J Bell
R J Barnes





SECRETARY: Mrs A E Bell





REGISTERED OFFICE: Vantage House Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 04783270 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB

STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,013 10,013
Tangible assets 5 123,577 60,204
133,590 70,217

CURRENT ASSETS
Stocks 211,515 133,300
Debtors 6 291,783 325,163
Cash at bank and in hand 316,802 381,109
820,100 839,572
CREDITORS
Amounts falling due within one year 7 276,688 309,305
NET CURRENT ASSETS 543,412 530,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

677,002

600,484

CREDITORS
Amounts falling due after more than one year 8 (59,257 ) (41,859 )

PROVISIONS FOR LIABILITIES (30,894 ) (15,051 )
NET ASSETS 586,851 543,574

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 585,851 542,574
SHAREHOLDERS' FUNDS 586,851 543,574

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 directors acknowledge their 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.

STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:




A W J Bell - Director



R J Barnes - Director


STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

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


1. STATUTORY INFORMATION

Studholme - Bell 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.

Income recognition
Income is recognised when goods and services have been provided to customers. Income also accounts for movements in work in progress at the accounting period end.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 20% on reducing balance

Work in progress
Work in progress is stated at billable time accrued at the accounting period end date and is reviewed for old and irrecoverable values, where an adjustment is made accordingly.

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.


STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

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


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 10,013
NET BOOK VALUE
At 31 March 2023 10,013
At 31 March 2022 10,013

STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

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


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 8,060 67,185 103,001 178,246
Additions 30,627 19,205 29,437 79,269
Disposals - (9,340 ) (18,655 ) (27,995 )
At 31 March 2023 38,687 77,050 113,783 229,520
DEPRECIATION
At 1 April 2022 3,340 52,488 62,214 118,042
Charge for year 561 2,711 7,327 10,599
Eliminated on disposal - (8,199 ) (14,499 ) (22,698 )
At 31 March 2023 3,901 47,000 55,042 105,943
NET BOOK VALUE
At 31 March 2023 34,786 30,050 58,741 123,577
At 31 March 2022 4,720 14,697 40,787 60,204

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 256,310 263,572
Other debtors 35,473 61,591
291,783 325,163

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 26,684 30,219
Taxation and social security 155,367 179,605
Other creditors 84,637 89,481
276,688 309,305

STUDHOLME - BELL LIMITED (REGISTERED NUMBER: 04783270)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 22,386 32,092
Other creditors 36,871 9,767
59,257 41,859

9. ULTIMATE CONTROLLING PARTY

Throughout the current and previous year A W J Bell is the ultimate controlling party of the company, by virtue of his directorship and majority shareholding in the company.