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Company Registration No. 12686813 (England and Wales)
Belman Technologies Limited Unaudited accounts for the year ended 31 December 2023
Belman Technologies Limited Unaudited accounts Contents
Page
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Belman Technologies Limited Company Information for the year ended 31 December 2023
Directors
Graham Lucking Andrew Jarman
Company Number
12686813 (England and Wales)
Registered Office
UNIT 1A, GRIFFIN INDUSTRIAL ESTATE PENNCRICKET LANE ROWLEY REGIS WEST MIDLANDS B65 0SN ENGLAND
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Belman Technologies Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
113,300 
- 
Tangible assets
246,351 
233,167 
359,651 
233,167 
Current assets
Inventories
95,083 
53,850 
Debtors
615,712 
584,771 
Cash at bank and in hand
4,389 
4,563 
715,184 
643,184 
Creditors: amounts falling due within one year
(796,312)
(765,713)
Net current liabilities
(81,128)
(122,529)
Net assets
278,523 
110,638 
Capital and reserves
Called up share capital
1,000 
1,000 
Capital contribution reserve
240,000 
100,000 
Profit and loss account
37,523 
9,638 
Shareholders' funds
278,523 
110,638 
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 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 7 February 2024 and were signed on its behalf by
Graham Lucking Director Company Registration No. 12686813
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Belman Technologies Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Belman Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 12686813. The registered office is UNIT 1A, GRIFFIN INDUSTRIAL ESTATE, PENNCRICKET LANE, ROWLEY REGIS, WEST MIDLANDS, B65 0SN, ENGLAND.
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.
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:
Land & buildings
20%
Plant & machinery
20%
Computer equipment
33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
- 
Additions
113,300 
At 31 December 2023
113,300 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
113,300 
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Belman Technologies Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
14,857 
199,081 
- 
- 
60,465 
274,403 
Additions
29,137 
9,599 
10,000 
1,214 
16,152 
66,102 
At 31 December 2023
43,994 
208,680 
10,000 
1,214 
76,617 
340,505 
Depreciation
At 1 January 2023
1,841 
31,069 
- 
- 
8,326 
41,236 
Charge for the year
4,802 
33,929 
278 
- 
13,909 
52,918 
At 31 December 2023
6,643 
64,998 
278 
- 
22,235 
94,154 
Net book value
At 31 December 2023
37,351 
143,682 
9,722 
1,214 
54,382 
246,351 
At 31 December 2022
13,016 
168,012 
- 
- 
52,139 
233,167 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
334,839 
450,181 
Amounts due from group undertakings etc.
51,651 
- 
Accrued income and prepayments
43,278 
34,590 
Other debtors
185,944 
100,000 
615,712 
584,771 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
299,209 
395,652 
VAT
81,898 
74,458 
Trade creditors
272,963 
266,300 
Amounts owed to group undertakings and other participating interests
6,248 
- 
Taxes and social security
67,080 
25,363 
Other creditors
7,927 
3,940 
Accruals
60,987 
- 
796,312 
765,713 
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
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