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REGISTERED NUMBER: SC463369 (Scotland)












Financial Statements

for the Year Ended 30 April 2021

for

Bella Caledonia Limited

Bella Caledonia Limited (Registered number: SC463369)






Contents of the Financial Statements
for the Year Ended 30 April 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bella Caledonia Limited

Company Information
for the Year Ended 30 April 2021







DIRECTOR: M Small





REGISTERED OFFICE: 9 High Street
Inverkeithing
Fife
KY11 1NL





REGISTERED NUMBER: SC463369 (Scotland)





ACCOUNTANTS: O'Haras Chartered Accountants
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

Bella Caledonia Limited (Registered number: SC463369)

Balance Sheet
30 April 2021

30/4/21 30/4/20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111 148

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 784 784
Cash at bank 49,910 83,795
51,694 85,579
CREDITORS
Amounts falling due within one year 6 26,503 31,543
NET CURRENT ASSETS 25,191 54,036
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,302

54,184

RESERVES
Income and expenditure account 25,302 54,184
SHAREHOLDERS' FUNDS 25,302 54,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

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 director and authorised for issue on 6 March 2024 and were signed by:





M Small - Director


Bella Caledonia Limited (Registered number: SC463369)

Notes to the Financial Statements
for the Year Ended 30 April 2021

1. STATUTORY INFORMATION

Bella Caledonia Limited is a private company, limited by guarantee , registered in Scotland. 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.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue
Revenue represents the amounts derived from the provision of goods and services, excluding value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Inventories
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.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Bella Caledonia Limited (Registered number: SC463369)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2021

2. ACCOUNTING POLICIES - continued

Impairment of fixed assets
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2020
and 30 April 2021 350
DEPRECIATION
At 1 May 2020 202
Charge for year 37
At 30 April 2021 239
NET BOOK VALUE
At 30 April 2021 111
At 30 April 2020 148

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/21 30/4/20
£    £   
Other debtors 784 784

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/21 30/4/20
£    £   
Trade creditors - 1
Amounts owed to group undertakings 881 881
Taxation and social security 22,908 29,147
Other creditors 2,714 1,514
26,503 31,543