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REGISTERED NUMBER: 09181910 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 August 2023

for

Belfast Street Limited

Belfast Street Limited (Registered number: 09181910)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Belfast Street Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr A G Hunter
Mr B Jacobsen
Mr N Jerrim





REGISTERED OFFICE: ASM House
103A Keymer Road
Hassocks
West Sussex
BN6 8QL





REGISTERED NUMBER: 09181910 (England and Wales)

Belfast Street Limited (Registered number: 09181910)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,251 163,112

CURRENT ASSETS
Stocks 9,000 9,000
Debtors 5 5,930 7,883
Cash at bank and in hand 243,456 154,077
258,386 170,960
CREDITORS
Amounts falling due within one year 6 216,233 192,790
NET CURRENT ASSETS/(LIABILITIES) 42,153 (21,830 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,404

141,282

PROVISIONS FOR LIABILITIES 2,935 2,935
NET ASSETS 198,469 138,347

CAPITAL AND RESERVES
Called up share capital 128 128
Share premium 33,952 33,952
Retained earnings 164,389 104,267
SHAREHOLDERS' FUNDS 198,469 138,347

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Belfast Street Limited (Registered number: 09181910)

Balance Sheet - continued
31 August 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 29 February 2024 and were signed on its behalf by:





Mr A G Hunter - Director


Belfast Street Limited (Registered number: 09181910)

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

1. STATUTORY INFORMATION

Belfast Street 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Belfast Street Limited (Registered number: 09181910)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022 73,509 210,940 284,449
Additions - 11,107 11,107
At 31 August 2023 73,509 222,047 295,556
DEPRECIATION
At 1 September 2022 23,521 97,816 121,337
Charge for year 1,470 13,498 14,968
At 31 August 2023 24,991 111,314 136,305
NET BOOK VALUE
At 31 August 2023 48,518 110,733 159,251
At 31 August 2022 49,988 113,124 163,112

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 120 113
Other debtors 5,810 7,770
5,930 7,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 2,004 2,973
Trade creditors 101,237 97,397
Taxation and social security 98,074 58,433
Other creditors 14,918 33,987
216,233 192,790