IRIS Accounts Production v24.1.0.576 07631176 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076311762022-09-30076311762023-09-30076311762022-10-012023-09-30076311762021-09-30076311762021-10-012022-09-30076311762022-09-3007631176ns15:EnglandWales2022-10-012023-09-3007631176ns14:PoundSterling2022-10-012023-09-3007631176ns10:Director12022-10-012023-09-3007631176ns10:Director22022-10-012023-09-3007631176ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3007631176ns10:SmallEntities2022-10-012023-09-3007631176ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3007631176ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3007631176ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3007631176ns10:FullAccounts2022-10-012023-09-300763117612022-10-012023-09-3007631176ns10:RegisteredOffice2022-10-012023-09-3007631176ns5:CurrentFinancialInstruments2023-09-3007631176ns5:CurrentFinancialInstruments2022-09-3007631176ns5:Non-currentFinancialInstruments2023-09-3007631176ns5:Non-currentFinancialInstruments2022-09-3007631176ns5:ShareCapital2023-09-3007631176ns5:ShareCapital2022-09-3007631176ns5:RetainedEarningsAccumulatedLosses2023-09-3007631176ns5:RetainedEarningsAccumulatedLosses2022-09-3007631176ns5:NetGoodwill2022-10-012023-09-3007631176ns5:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3007631176ns5:MotorVehicles2022-10-012023-09-3007631176ns5:NetGoodwill2022-09-3007631176ns5:NetGoodwill2023-09-3007631176ns5:NetGoodwill2022-09-3007631176ns5:PlantMachinery2022-09-3007631176ns5:MotorVehicles2022-09-3007631176ns5:ComputerEquipment2022-09-3007631176ns5:PlantMachinery2022-10-012023-09-3007631176ns5:ComputerEquipment2022-10-012023-09-3007631176ns5:PlantMachinery2023-09-3007631176ns5:MotorVehicles2023-09-3007631176ns5:ComputerEquipment2023-09-3007631176ns5:PlantMachinery2022-09-3007631176ns5:MotorVehicles2022-09-3007631176ns5:ComputerEquipment2022-09-3007631176ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3007631176ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 07631176 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2023

for

RJ Belfitt Mini Bus Hire Limited

RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJ Belfitt Mini Bus Hire Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: S R Belfitt
C L Belfitt





REGISTERED OFFICE: 23 Lawdley Road
Coleford
Gloucestershire
GL16 8SA





REGISTERED NUMBER: 07631176 (England and Wales)





ACCOUNTANTS: SA Accountancy
5 Victoria Street
Cinderford
Gloucestershire
GL14 2ET

RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 68,391 74,410
68,391 74,410

CURRENT ASSETS
Debtors 6 39,656 30,638

CREDITORS
Amounts falling due within one year 7 40,680 37,947
NET CURRENT LIABILITIES (1,024 ) (7,309 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,367

67,101

CREDITORS
Amounts falling due after more than one year 8 48,041 52,749
NET ASSETS 19,326 14,352

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 19,323 14,349
SHAREHOLDERS' FUNDS 19,326 14,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:




S R Belfitt - Director



C L Belfitt - Director


RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

RJ Belfitt Mini Bus Hire 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four 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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 10,000
AMORTISATION
At 1 October 2022
and 30 September 2023 10,000
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 2,500 196,564 1,593 200,657
Additions - 19,545 - 19,545
Disposals - (18,000 ) - (18,000 )
At 30 September 2023 2,500 198,109 1,593 202,202
DEPRECIATION
At 1 October 2022 375 125,430 442 126,247
Charge for year 319 21,869 173 22,361
Eliminated on disposal - (14,797 ) - (14,797 )
At 30 September 2023 694 132,502 615 133,811
NET BOOK VALUE
At 30 September 2023 1,806 65,607 978 68,391
At 30 September 2022 2,125 71,134 1,151 74,410

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 33,415 25,288
Other debtors 6,241 5,350
39,656 30,638

RJ Belfitt Mini Bus Hire Limited (Registered number: 07631176)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 19,553 21,500
Hire purchase contracts 11,374 7,874
Trade creditors 7,099 5,569
Taxation and social security 1,004 891
Other creditors 1,650 2,113
40,680 37,947

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 36,334 43,001
Hire purchase contracts 11,707 9,748
48,041 52,749