Company Registration No. 10920438 (England and Wales)
Belman Engineering Limited
Unaudited accounts
for the year ended 31 December 2023
Belman Engineering Limited
Unaudited accounts
Contents
Belman Engineering Limited
Company Information
for the year ended 31 December 2023
Directors
Graham Lucking
Andrew Jarman
Company Number
10920438 (England and Wales)
Registered Office
BELLMAN ENGINEERING LIMITED
UNIT 9 ERICA ROAD
STACEY BUSHES
MILTON KEYNES
MK12 6HS
UNITED KINGDOM
Belman Engineering Limited
Statement of financial position
as at 31 December 2023
Tangible assets
759,797
981,899
Creditors: amounts falling due within one year
(429,643)
(338,239)
Net current liabilities
(417,348)
(326,448)
Total assets less current liabilities
342,449
655,451
Creditors: amounts falling due after more than one year
(372,520)
(675,779)
Net liabilities
(30,071)
(20,328)
Called up share capital
10,001
10,001
Capital contribution reserve
253,552
304,934
Profit and loss account
(293,624)
(335,263)
Shareholders' funds
(30,071)
(20,328)
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. 10920438
Belman Engineering Limited
Notes to the Accounts
for the year ended 31 December 2023
Belman Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 10920438. The registered office is BELLMAN ENGINEERING LIMITED, UNIT 9 ERICA ROAD, STACEY BUSHES, MILTON KEYNES, MK12 6HS, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 against individual assets dependent upon their HP or leasing life or, where that is not applicable, at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
39,520
1,378,744
19,246
49,716
1,487,226
Additions
-
10,127
-
-
10,127
Disposals
(34,200)
(5,889)
(19,246)
(20,898)
(80,233)
At 31 December 2023
5,320
1,382,982
-
28,818
1,417,120
At 1 January 2023
20,740
451,893
16,038
16,656
505,327
Charge for the year
7,634
185,660
3,208
16,306
212,808
On disposals
(24,813)
(3,018)
(19,246)
(13,735)
(60,812)
At 31 December 2023
3,561
634,535
-
19,227
657,323
At 31 December 2023
1,759
748,447
-
9,591
759,797
At 31 December 2022
18,780
926,851
3,208
33,060
981,899
Belman Engineering Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
4,344
11,791
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,962
5,317
Obligations under finance leases and hire purchase contracts
313,463
321,140
Trade creditors
7,198
6,424
Amounts owed to group undertakings and other participating interests
51,651
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
372,520
675,779
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
100 Ordinary shares of £0.01 each
1
1
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Average number of employees
During the year the average number of employees was 2 (2022: 2).