IRIS Accounts Production v24.1.9.2 12228881 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122288812022-12-31122288812023-12-31122288812023-01-012023-12-31122288812021-12-31122288812022-01-012022-12-31122288812022-12-3112228881ns15:EnglandWales2023-01-012023-12-3112228881ns14:PoundSterling2023-01-012023-12-3112228881ns10:Director12023-01-012023-12-3112228881ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112228881ns10:SmallEntities2023-01-012023-12-3112228881ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112228881ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3112228881ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112228881ns10:FullAccounts2023-01-012023-12-3112228881ns10:EntityHasNeverTraded2023-01-012023-12-311222888112023-01-012023-12-3112228881ns10:Director22023-01-012023-12-3112228881ns10:Director32023-01-012023-12-3112228881ns10:Director42023-01-012023-12-3112228881ns10:RegisteredOffice2023-01-012023-12-3112228881ns5:CurrentFinancialInstruments2023-12-3112228881ns5:CurrentFinancialInstruments2022-12-3112228881ns5:Non-currentFinancialInstruments2023-12-3112228881ns5:Non-currentFinancialInstruments2022-12-3112228881ns5:ShareCapital2023-12-3112228881ns5:ShareCapital2022-12-3112228881ns5:RetainedEarningsAccumulatedLosses2023-12-3112228881ns5:RetainedEarningsAccumulatedLosses2022-12-3112228881ns5:PlantMachinery2022-12-3112228881ns5:FurnitureFittings2022-12-3112228881ns5:PlantMachinery2023-01-012023-12-3112228881ns5:FurnitureFittings2023-01-012023-12-3112228881ns5:PlantMachinery2023-12-3112228881ns5:FurnitureFittings2023-12-3112228881ns5:PlantMachinery2022-12-3112228881ns5:FurnitureFittings2022-12-3112228881ns5:CostValuation2022-12-3112228881ns5:ListedExchangeTradedns5:CostValuation2022-12-3112228881ns5:AdditionsToInvestments2023-12-3112228881ns5:ListedExchangeTradedns5:AdditionsToInvestments2023-12-3112228881ns5:DisposalsRepaymentsInvestments2023-12-3112228881ns5:DisposalsRepaymentsInvestmentsns5:ListedExchangeTraded2023-12-3112228881ns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3112228881ns5:ListedExchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3112228881ns5:CostValuation2023-12-3112228881ns5:ListedExchangeTradedns5:CostValuation2023-12-3112228881ns5:ListedExchangeTraded2023-12-3112228881ns5:ListedExchangeTraded2022-12-3112228881ns5:RetainedEarningsAccumulatedLosses2022-12-3112228881ns5:RevaluationReserve2022-12-3112228881ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-3112228881ns5:RevaluationReserve2023-12-31
REGISTERED NUMBER: 12228881 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

BELL BRAND COMMUNICATIONS LTD

PREVIOUSLY KNOWN AS
HAMSEY HOLDINGS LTD

BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELL BRAND COMMUNICATIONS LTD
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Company Information
for the year ended 31 December 2023







DIRECTORS: J M Bell
A J Bell
S G Johnston
C J Parsons





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 12228881 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 2,841
Investments 5 90 942,295
Investment property 6 177,592 177,592
177,682 1,122,728

CURRENT ASSETS
Cash at bank and in hand 9,480 1,160,007

CREDITORS
Amounts falling due within one year 7 (5,346 ) (336,731 )
NET CURRENT ASSETS 4,134 823,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,816

1,946,004

CREDITORS
Amounts falling due after more than one
year

8

-

(47,000

)
NET ASSETS 181,816 1,899,004

CAPITAL AND RESERVES
Called up share capital 9 180 180
Retained earnings 10 181,636 1,898,824
SHAREHOLDERS' FUNDS 181,816 1,899,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 July 2024 and were signed on its behalf by:





J M Bell - Director


BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Bell Brand Communications Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 is recognised as follows:

1) Garden club income, investment income, and interest receivable is recognised on receipt.

2) Rental income is invoiced in advance on a monthly basis.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery - 33% on cost
Garden equipment - 33% on cost

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Fixed asset investments
Fixed asset investments are stated at market value at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Gardening
machinery equipment Totals
£    £    £   
COST
At 1 January 2023 3,992 1,892 5,884
Disposals (3,992 ) (1,892 ) (5,884 )
At 31 December 2023 - - -
DEPRECIATION
At 1 January 2023 1,794 1,249 3,043
Charge for year 1,317 624 1,941
Eliminated on disposal (3,111 ) (1,873 ) (4,984 )
At 31 December 2023 - - -
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 2,198 643 2,841

BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. FIXED ASSET INVESTMENTS
Shares in
group Listed
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 90 942,205 942,295
Additions - 500,044 500,044
Disposals - (1,444,546 ) (1,444,546 )
Revaluations - 2,297 2,297
At 31 December 2023 90 - 90
NET BOOK VALUE
At 31 December 2023 90 - 90
At 31 December 2022 90 942,205 942,295

Cost or valuation at 31 December 2023 is represented by:

Shares in
group Listed
undertakings investments Totals
£    £    £   
Valuation in 2021 - 71,163 71,163
Valuation in 2022 - (123,751 ) (123,751 )
Valuation in 2023 - (942,205 ) (942,205 )
Cost 90 994,793 994,883
90 - 90

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 177,592
NET BOOK VALUE
At 31 December 2023 177,592
At 31 December 2022 177,592

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 6,262
Taxation and social security 3,546 -
Other creditors 1,800 330,469
5,346 336,731

BELL BRAND COMMUNICATIONS LTD (REGISTERED NUMBER: 12228881)
PREVIOUSLY KNOWN AS HAMSEY HOLDINGS LTD

Notes to the Financial Statements - continued
for the year ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 47,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
Ordinary 'A' £1 144
Ordinary' 'B' £1 36
144 Ordinary £1 144
36 Ordinary family £1 36

During the year, the Ordinary 'A' shares and Ordinary 'B' shares were redesignated to Ordinary shares and Ordinary family shares respectively.

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 January 2023 1,898,824 - 1,898,824
Profit for the year 987,822 987,822
Transfers 2,297 (2,297 ) -
Revaluation (2,297 ) 2,297 -
EOT (2,705,010 ) - (2,705,010 )
At 31 December 2023 181,636 - 181,636

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. EMPLOYEE OWNERSHIP TRUST

During the year Bell Brand Communications Ownership Trust Limited was incorporated as part of the creation of an Employee Ownership Trust (EOT), called The Bell Brand Communications Ownership Trust. Bell Brand Communications Ownership Trust Ltd is a corporate trustee.

As part of the conditions to create the EOT the following took place:

1. The directors' loan accounts were repaid to the directors in full.
2. The listed investments were sold.
3. 70% of the share capital came under the ownership of the EOT.

In the following financial period the investment property will be transferred to a company owned by A J Bell and J M Bell, Hamsey Investments Limited.