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REGISTERED NUMBER: 08938003 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 1 MARCH 2024

FOR

BELL ADVISORY LIMITED

BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 1 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BELL ADVISORY LIMITED

COMPANY INFORMATION
for the Period 1 April 2023 to 1 March 2024







DIRECTORS: G Bell
P Llewellyn





REGISTERED OFFICE: The Old Town Hall
71 Christchurch Road
Ringwood
BH24 1DH





REGISTERED NUMBER: 08938003 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

STATEMENT OF FINANCIAL POSITION
1 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 587 598
587 598

CURRENT ASSETS
Debtors 6 2,444 11,326
Cash at bank 84,575 98,392
87,019 109,718
CREDITORS
Amounts falling due within one year 7 - 16,687
NET CURRENT ASSETS 87,019 93,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,606

93,629

PROVISIONS FOR LIABILITIES - 149
NET ASSETS 87,606 93,480

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 87,504 93,378
SHAREHOLDERS' FUNDS 87,606 93,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 March 2024 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.

BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

STATEMENT OF FINANCIAL POSITION - continued
1 March 2024


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 15 April 2024 and were signed on its behalf by:





G Bell - Director


BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 1 March 2024

1. STATUTORY INFORMATION

Bell Advisory 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.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principle accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover represents fees receivable from contracts to provide professional services, including expenses and disbursements but excluding value added tax.

Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue is measured at the fair value of the work performed by reference to the amounts chargeable to clients, excluding value added tax.

Revenue not billed to clients at the reporting date is included in debtors as amounts recoverable on incomplete contracts.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation.

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.

Plant and machinery etc.- 25% on reducing balance and 33% on straight line.

Financial instruments
The company has elected to apply the provisions of FRS 102 Section 11 'Basic Financial Instruments' to all of its financial instruments.

The following assets and liabilities are classified as financial instruments; bank accounts, trade debtors, Directors' loan accounts, trade creditors and accruals.

Financial instruments that are payable or receivable within one year, typically bank accounts, trade debtors, Directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Taxation
Taxation for the period 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 1 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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
The company makes contributions into the Directors' personal pension plans. Contributions are recognised in the accounts in the period in which they are paid.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 1 March 2024 21,800
AMORTISATION
At 1 April 2023
and 1 March 2024 21,800
NET BOOK VALUE
At 1 March 2024 -
At 31 March 2023 -

BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 1 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 4,780
Additions 881
Disposals (1,622 )
At 1 March 2024 4,039
DEPRECIATION
At 1 April 2023 4,182
Charge for period 293
Eliminated on disposal (1,023 )
At 1 March 2024 3,452
NET BOOK VALUE
At 1 March 2024 587
At 31 March 2023 598

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 6,000
Other debtors 2,444 5,326
2,444 11,326

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 11,792
Taxation and social security - 519
Other creditors - 4,376
- 16,687

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 1 March 2024 and the year ended 31 March 2023:

2024 2023
£    £   
G Bell
Balance outstanding at start of period 800 1,390
Amounts advanced - 800
Amounts repaid (25 ) (1,390 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 775 800

BELL ADVISORY LIMITED (REGISTERED NUMBER: 08938003)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 1 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The amount advanced was repaid to the company within nine months of the reporting date.