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REGISTERED NUMBER: 13800023 (England and Wales)















REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BELMONT INSTALLATIONS LTD

BELMONT INSTALLATIONS LTD (Registered number: 13800023)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Statement of Financial Position 4

Notes to the Financial Statements 6


BELMONT INSTALLATIONS LTD

COMPANY INFORMATION
for the Year Ended 31 DECEMBER 2023







DIRECTORS: D J Francis
Mrs S L M Francis



REGISTERED OFFICE: The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



REGISTERED NUMBER: 13800023 (England and Wales)



ACCOUNTANTS: Bennett & Co
The Annexe, Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: Virgin Money UK

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

REPORT OF THE DIRECTORS
for the Year Ended 31 DECEMBER 2023

The directors present their report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of fire and safety systems installation.

DIVIDENDS
Interim dividends per share were paid as follows:
Ordinary 1000 shares £19,000 - 31 December 2023
B Shares 1000 shares £2,000 - 31 December 2023


The directors recommend that no final dividends be paid.

The total distribution of dividends for the year ended 31 December 2023 will be £ 21,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2023 to the date of this report.

D J Francis
Mrs S L M Francis

ON BEHALF OF THE BOARD:





D J Francis - Director


23 September 2024

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

STATEMENT OF INCOME AND
RETAINED EARNINGS
for the Year Ended 31 DECEMBER 2023

Period
14.12.21
Year Ended to
31.12.23 31.12.22
Notes £    £   

TURNOVER 123,919 111,761

Cost of sales 47,676 57,566
GROSS PROFIT 76,243 54,195

Administrative expenses 49,963 39,735
26,280 14,460

Other operating income 53 -
OPERATING PROFIT and
PROFIT BEFORE TAXATION 26,333 14,460

Tax on profit 5 4,768 2,189
PROFIT FOR THE FINANCIAL YEAR 21,565 12,271

Retained earnings at beginning of year 271 -

Dividends 6 (21,000 ) (12,000 )

RETAINED EARNINGS AT END OF
YEAR

836

271

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 2,950 2,150

CURRENT ASSETS
Debtors 8 5,384 1,947
Cash at bank and in hand 7,965 12,152
13,349 14,099
CREDITORS
Amounts falling due within one year 9 13,463 13,978
NET CURRENT (LIABILITIES)/ASSETS (114 ) 121
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,836

2,271

CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Retained earnings 11 836 271
SHAREHOLDERS' FUNDS 2,836 2,271

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.

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




D J Francis - Director



Mrs S L M Francis - Director


BELMONT INSTALLATIONS LTD (Registered number: 13800023)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023

1. STATUTORY INFORMATION

BELMONT INSTALLATIONS 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Period
14.12.21
Year Ended to
31.12.23 31.12.22
£    £   
Directors' remuneration 27,000 23,750

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

4. OPERATING PROFIT

The operating profit is stated after charging:

Period
14.12.21
Year Ended to
31.12.23 31.12.22
£    £   
Depreciation - owned assets 666 475

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
Period
14.12.21
Year Ended to
31.12.23 31.12.22
£    £   
Current tax:
UK corporation tax 4,768 2,189
Tax on profit 4,768 2,189

6. DIVIDENDS
Period
14.12.21
Year Ended to
31.12.23 31.12.22
£    £   
Ordinary shares of 1000 each
Interim 19,000 10,000
B Shares shares of 1000 each
Interim 2,000 2,000
21,000 12,000

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

7. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023 2,625
Additions 1,466
At 31 December 2023 4,091
DEPRECIATION
At 1 January 2023 475
Charge for year 666
At 31 December 2023 1,141
NET BOOK VALUE
At 31 December 2023 2,950
At 31 December 2022 2,150

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 4,637 -
Prepayments 747 1,947
5,384 1,947

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 976 777
Tax 4,767 2,189
Social security and other taxes 387 196
VAT 5,368 5,806
Directors' current accounts - 265
Accrued expenses 1,965 4,745
13,463 13,978

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1,000 Ordinary 1000 1,000 1,000
1,000 B Shares 1000 1,000 1,000
2,000 2,000

BELMONT INSTALLATIONS LTD (Registered number: 13800023)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023

11. RESERVES
Retained
earnings
£   

At 1 January 2023 271
Profit for the year 21,565
Dividends (21,000 )
At 31 December 2023 836