1 February 2023 false Taxfiler 2024.4 4364485business:PrivateLimitedCompanyLtd2023-02-012024-01-31 43644852023-01-31 43644852023-02-012024-01-31 4364485business:AuditExemptWithAccountantsReport2023-02-012024-01-31 4364485business:FilletedAccounts2023-02-012024-01-31 43644852024-01-31 4364485business:Director12023-02-012024-01-31 4364485business:Director22023-02-012024-01-31 4364485business:CompanySecretary12023-02-012024-01-31 4364485business:RegisteredOffice2023-02-012024-01-31 43644852023-01-31 4364485core:WithinOneYear2024-01-31 4364485core:WithinOneYear2023-01-31 4364485core:AfterOneYear2024-01-31 4364485core:AfterOneYear2023-01-31 4364485core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 4364485core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 4364485core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 4364485core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 4364485core:PreviouslyStatedAmount2024-01-31 4364485core:PreviouslyStatedAmount2023-01-31 4364485business:SmallEntities2023-02-012024-01-31 4364485countries:EnglandWales2023-02-012024-01-31 4364485core:PlantMachinery2023-02-012024-01-31 4364485core:MotorVehicles2023-02-012024-01-31 4364485core:PlantMachinery2023-01-31 4364485core:MotorVehicles2023-01-31 4364485core:PlantMachinery2024-01-31 4364485core:MotorVehicles2024-01-31 4364485core:MotorVehiclescore:LeasedAssetsHeldAsLessee2024-01-31 4364485core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-01-31 4364485business:OrdinaryShareClass12023-02-012024-01-31 4364485business:OrdinaryShareClass12022-02-012023-01-31 43644852022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 4364485 (England and Wales)
Belmar Services Limited Unaudited accounts for the year ended 31 January 2024
Belmar Services Limited Unaudited accounts Contents
Page
- 2 -
Belmar Services Limited Company Information for the year ended 31 January 2024
Directors
M Eastwood J Eastwood
Secretary
J Eastwood
Company Number
4364485 (England and Wales)
Registered Office
P O Box 10206 Hucknall Nottingham Nottinghamshire NG15 5DY
Accountants
Taylor Accountancy Ltd 2 Lynmoor Court Hucknall Nottingham NG15 8FT
- 3 -
Belmar Services Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,930 
33,435 
Current assets
Debtors
172,306 
172,164 
Investments
81,917 
72,547 
Cash at bank and in hand
174,573 
214,045 
428,796 
458,756 
Creditors: amounts falling due within one year
(131,929)
(123,888)
Net current assets
296,867 
334,868 
Total assets less current liabilities
322,797 
368,303 
Creditors: amounts falling due after more than one year
(21,241)
(27,465)
Provisions for liabilities
Deferred tax
(639)
(881)
Net assets
300,917 
339,957 
Capital and reserves
Called up share capital
4,500 
4,500 
Profit and loss account
296,417 
335,457 
Shareholders' funds
300,917 
339,957 
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by
J Eastwood Director Company Registration No. 4364485
- 4 -
Belmar Services Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Belmar Services Limited is a private company, limited by shares, registered in England and Wales, registration number 4364485. The registered office is P O Box 10206, Hucknall, Nottingham, Nottinghamshire, NG15 5DY.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Belmar Services Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
29,738 
48,916 
78,654 
Additions
1,459 
- 
1,459 
At 31 January 2024
31,197 
48,916 
80,113 
Depreciation
At 1 February 2023
23,818 
21,401 
45,219 
Charge for the year
2,085 
6,879 
8,964 
At 31 January 2024
25,903 
28,280 
54,183 
Net book value
At 31 January 2024
5,294 
20,636 
25,930 
At 31 January 2023
5,920 
27,515 
33,435 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
20,636 
27,515 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
162,334 
165,634 
Accrued income and prepayments
9,972 
6,530 
172,306 
172,164 
6
Investments held as current assets
2024 
2023 
£ 
£ 
Listed investments
81,917 
72,547 
Unit Trust Investment (includes accumulated income)
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,704 
23,419 
Obligations under finance leases and hire purchase contracts
6,223 
6,223 
Trade creditors
40,990 
46,739 
Taxes and social security
71,252 
42,579 
Other creditors
1,410 
2,778 
Accruals
2,350 
2,150 
131,929 
123,888 
- 6 -
Belmar Services Limited Notes to the Accounts for the year ended 31 January 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
21,241 
27,465 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4,500 Ordinary shares of £1 each
4,500 
4,500 
10
Controlling party
The company is controlled by the directors who are also the major shareholders.
11
Average number of employees
During the year the average number of employees was 2 (2023: 3).
- 7 -