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REGISTERED NUMBER: 04444243 (England and Wales)












Financial Statements

for the Year Ended 31 March 2024

for

Belton & Son Limited

Belton & Son Limited (Registered number: 04444243)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Belton & Son Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J A Belton
Mrs D Belton
N J Belton
D A Belton





SECRETARY: Mrs D Belton





REGISTERED OFFICE: Austalise
Keyston Hill
HAVERFORDWEST
Pembrokeshire
SA62 6EJ





REGISTERED NUMBER: 04444243 (England and Wales)

Belton & Son Limited (Registered number: 04444243)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 307,986 276,128
307,986 276,128

CURRENT ASSETS
Stocks 364,664 411,116
Debtors 133,157 93,127
Cash at bank 568,451 575,586
1,066,272 1,079,829
CREDITORS
Amounts falling due within one year 218,234 294,574
NET CURRENT ASSETS 848,038 785,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,156,024

1,061,383

PROVISIONS FOR LIABILITIES 51,458 39,474
NET ASSETS 1,104,566 1,021,909

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 1,104,467 1,021,810
SHAREHOLDERS' FUNDS 1,104,566 1,021,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Belton & Son Limited (Registered number: 04444243)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by:




J A Belton - Director



Mrs D Belton - Director


Belton & Son Limited (Registered number: 04444243)

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

1. STATUTORY INFORMATION

Belton & Son Limited 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 represents work done, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Site Office - 10% on reducing balance
Plant and machinery - 15% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Belton & Son Limited (Registered number: 04444243)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 30,000
AMORTISATION
At 1 April 2023
and 31 March 2024 30,000
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 632,719
Additions 136,873
Disposals (141,866 )
At 31 March 2024 627,726
DEPRECIATION
At 1 April 2023 356,591
Charge for year 60,508
Eliminated on disposal (97,359 )
At 31 March 2024 319,740
NET BOOK VALUE
At 31 March 2024 307,986
At 31 March 2023 276,128