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Company Registration No. 06767491 (England and Wales)
BELLE INNOVATIONS LTD Unaudited accounts for the year ended 31 December 2023
BELLE INNOVATIONS LTD Unaudited accounts Contents
Page
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BELLE INNOVATIONS LTD Company Information for the year ended 31 December 2023
Director
K A Young
Company Number
06767491 (England and Wales)
Registered Office
47A CAMP ROAD ST ALBANS HERTS AL1 5DX
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BELLE INNOVATIONS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
700 
333 
Current assets
Debtors
6,750 
5,850 
Cash at bank and in hand
619 
6,646 
7,369 
12,496 
Creditors: amounts falling due within one year
(11,028)
(10,201)
Net current (liabilities)/assets
(3,659)
2,295 
Total assets less current liabilities
(2,959)
2,628 
Provisions for liabilities
Deferred tax
(117)
(63)
Net (liabilities)/assets
(3,076)
2,565 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(4,076)
1,565 
Shareholders' funds
(3,076)
2,565 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 July 2024 and were signed on its behalf by
K A Young Director Company Registration No. 06767491
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BELLE INNOVATIONS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BELLE INNOVATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 06767491. The registered office is 47A CAMP ROAD, ST ALBANS, HERTS, AL1 5DX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
25% on reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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BELLE INNOVATIONS LTD Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
20,000 
At 31 December 2023
20,000 
Amortisation
At 1 January 2023
20,000 
At 31 December 2023
20,000 
Net book value
At 31 December 2023
- 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
206 
2,997 
3,203 
Additions
- 
531 
531 
At 31 December 2023
206 
3,528 
3,734 
Depreciation
At 1 January 2023
206 
2,664 
2,870 
Charge for the year
- 
164 
164 
At 31 December 2023
206 
2,828 
3,034 
Net book value
At 31 December 2023
- 
700 
700 
At 31 December 2022
- 
333 
333 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,750 
5,850 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,535 
4,926 
Taxes and social security
2,058 
2,920 
Other creditors
737 
50 
Loans from directors
2,949 
1,556 
Accruals
749 
749 
11,028 
10,201 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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