REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 |
FOR |
BELL VIEW HELP AT HOME LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 |
FOR |
BELL VIEW HELP AT HOME LIMITED |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
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 |
BELL VIEW HELP AT HOME LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Victoria House |
Bondgate Within |
Alnwick |
Northumberland |
NE66 1TA |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
BALANCE SHEET |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
RESERVES |
Retained earnings | 10 |
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. |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
BALANCE SHEET - continued |
31 MARCH 2023 |
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 |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Bell View Help At Home Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten 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 |
Plant and machinery | - |
Motor vehicles | - |
Office equipment | - |
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. |
Pension costs and other post-retirement benefits |
The company pays defined contributions to a pension scheme in accordance with its automatic enrolment obligations. Contributions payable to the pension scheme are charged to profit or loss in the period to which they relate. |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2023 |
2. | ACCOUNTING POLICIES - continued |
Distributions |
Donations from the company to its charitable parent are treated as distributions from reserves and are recognised in the period in which they are paid. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 April 2022 |
and 31 March 2023 |
AMORTISATION |
At 1 April 2022 |
Charge for year |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
5. | TANGIBLE FIXED ASSETS |
Plant and | Motor | Office |
machinery | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 April 2022 |
Disposals | ( |
) | ( |
) |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
As disclosed in the "Related Party Disclosures", other creditors include loan amounts of £1,923 due to the parent charity Bell View (Belford) (2022: £4,700). |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
As disclosed in the "Related Party Disclosures", other creditors include loan amounts of £12,857 due to the parent charity Bell View (Belford) (2022: £14,784). |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
£ | £ |
Big Issue Invest Ltd loans | 4,328 | 9,564 |
The loan is secured by a debenture with fixed and floating charges. |
BELL VIEW HELP AT HOME LIMITED (REGISTERED NUMBER: 08557330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2023 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1 April 2022 |
Profit for the year |
Distributed to Bell View (Belford) in the year under gift aid |
(20,000 |
) |
At 31 March 2023 |
Amounts distributed to Bell View (Belford) under gift aid includes £20,000 that was paid within nine months of the previous financial year end to enable corporation tax relief to be obtained within that financial year. |
11. | RELATED PARTY DISCLOSURES |
The company has 2 loans from its parent charity Bell View (Belford). At 31 March 2023 amounts due within one year were £1,923 and amounts falling due after more than one year were £12,857. |
During the year, Bell View (Belford) invoiced the company £6,798 for premises, £198 for subscriptions, £731 for transport, £240 for broadband, £25 for photocopying and £11,127 for financial management support. The company was in credit with Bell View (Belford) by £1,659 at the year end and that amount has since been applied in full against subsequent invoices from Bell View (Belford). |
During the year, the company invoiced Bell View (Belford) £570 for employee costs and £165 for advertising. No amount was outstanding at the year end. |
During the year, the company invoiced Bell View Care Limited £354 for training and £80 for advertising. £354 was outstanding at the year end and has since been paid. Bell View Care Limited is another subsidiary of Bell View (Belford). |
In the year ended 31 March 2023, the company made a gift aid donation of £20,000 to Bell View (Belford). |
12. | ULTIMATE CONTROLLING PARTY |
The company is a Single Member Private Limited Company. The sole member is Bell View (Belford), registered company number 03582229 and registered charity number 1075896. |
13. | COMPANY LIMITED BY GUARANTEE |
The company is registered as a company limited by guarantee and has no share capital. The sole member of the company (as represented by its governing body for the time being) undertakes to contribute to the assets of the company, in the event of it being wound up while it is a member or within one year after it ceases to be a member, for payment of the debts and liabilities of the company contracted before it ceases to be a member such amount as may be required not exceeding one pound. |