Belair (U.K.) Limited 02133418 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the sale of laboratory equipment and internet services Digita Accounts Production Advanced 6.30.9574.0 true true 02133418 2023-04-01 2024-03-31 02133418 2024-03-31 02133418 core:RetainedEarningsAccumulatedLosses 2024-03-31 02133418 core:ShareCapital 2024-03-31 02133418 core:CurrentFinancialInstruments 2024-03-31 02133418 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 02133418 core:FurnitureFittingsToolsEquipment 2024-03-31 02133418 bus:SmallEntities 2023-04-01 2024-03-31 02133418 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02133418 bus:FullAccounts 2023-04-01 2024-03-31 02133418 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02133418 bus:RegisteredOffice 2023-04-01 2024-03-31 02133418 bus:Director2 2023-04-01 2024-03-31 02133418 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02133418 core:FurnitureFittings 2023-04-01 2024-03-31 02133418 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 02133418 core:OfficeEquipment 2023-04-01 2024-03-31 02133418 countries:EnglandWales 2023-04-01 2024-03-31 02133418 2023-03-31 02133418 core:FurnitureFittingsToolsEquipment 2023-03-31 02133418 2022-04-01 2023-03-31 02133418 2023-03-31 02133418 core:RetainedEarningsAccumulatedLosses 2023-03-31 02133418 core:ShareCapital 2023-03-31 02133418 core:CurrentFinancialInstruments 2023-03-31 02133418 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 02133418 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 02133418

Belair (U.K.) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Belair (U.K.) Limited

Contents

Statement of Financial Postion

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Belair (U.K.) Limited

(Registration number: 02133418)
Statement of Financial Postion as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,295

5,052

Current assets

 

Debtors

5

689

387

Cash at bank and in hand

 

144,210

290,912

 

144,899

291,299

Creditors: Amounts falling due within one year

6

(104,242)

(263,959)

Net current assets

 

40,657

27,340

Total assets less current liabilities

 

44,952

32,392

Provisions for liabilities

(816)

(960)

Net assets

 

44,136

31,432

Capital and reserves

 

Called up share capital

1,000

1,000

Retained earnings

43,136

30,432

Shareholders' funds

 

44,136

31,432

 

Belair (U.K.) Limited

(Registration number: 02133418)
Statement of Financial Postion as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 1 October 2024 and signed on its behalf by:
 

Mr A Ghiassi
Director

   
     
 

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tustin House
Red Scar Business Park
Longridge Road
Preston
Lancashire
PR2 5NE

These financial statements were authorised for issue by the Board on 1 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial postion at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% reducing balance

Office equipment

15% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

23,107

23,107

At 31 March 2024

23,107

23,107

Depreciation

At 1 April 2023

18,055

18,055

Charge for the year

757

757

At 31 March 2024

18,812

18,812

Carrying amount

At 31 March 2024

4,295

4,295

At 31 March 2023

5,052

5,052

5

Debtors

Current

2024
£

2023
£

Prepayments

200

252

Other debtors

489

135

 

689

387

 

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

16,238

16,238

Taxation and social security

661

9,806

Accruals and deferred income

1,916

53,984

Other creditors

85,427

183,931

104,242

263,959

7

Related party transactions

Included in other creditors repayable within 1 year are non-interest bearing directors loans, payable on demand of £85,427 (2023: £183,931).