IRIS Accounts Production v23.4.0.336 05058156 director 31.3.23 30.3.24 30.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050581562023-03-30050581562024-03-30050581562023-03-312024-03-30050581562022-03-31050581562022-04-012023-03-30050581562023-03-3005058156ns15:EnglandWales2023-03-312024-03-3005058156ns14:PoundSterling2023-03-312024-03-3005058156ns10:Director12023-03-312024-03-3005058156ns10:PrivateLimitedCompanyLtd2023-03-312024-03-3005058156ns10:SmallEntities2023-03-312024-03-3005058156ns10:AuditExempt-NoAccountantsReport2023-03-312024-03-3005058156ns10:SmallCompaniesRegimeForDirectorsReport2023-03-312024-03-3005058156ns10:SmallCompaniesRegimeForAccounts2023-03-312024-03-3005058156ns10:FullAccounts2023-03-312024-03-3005058156ns10:RegisteredOffice2023-03-312024-03-3005058156ns5:CurrentFinancialInstruments2024-03-3005058156ns5:CurrentFinancialInstruments2023-03-3005058156ns5:Non-currentFinancialInstruments2024-03-3005058156ns5:Non-currentFinancialInstruments2023-03-3005058156ns5:ShareCapital2024-03-3005058156ns5:ShareCapital2023-03-3005058156ns5:RetainedEarningsAccumulatedLosses2024-03-3005058156ns5:RetainedEarningsAccumulatedLosses2023-03-3005058156ns5:ShareCapital2022-03-3105058156ns5:RetainedEarningsAccumulatedLosses2022-03-3105058156ns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-3005058156ns5:RetainedEarningsAccumulatedLosses2023-03-312024-03-3005058156ns5:OwnedAssets2023-03-312024-03-3005058156ns5:OwnedAssets2022-04-012023-03-3005058156ns5:PlantMachinery2023-03-3005058156ns5:PlantMachinery2023-03-312024-03-3005058156ns5:PlantMachinery2024-03-3005058156ns5:PlantMachinery2023-03-3005058156ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3005058156ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-30
REGISTERED NUMBER: 05058156 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 March 2024

for

Belle Financial Services Limited

Belle Financial Services Limited (Registered number: 05058156)






Contents of the Financial Statements
for the Year Ended 30 March 2024




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Statement of Changes in Equity 4

Notes to the Financial Statements 5


Belle Financial Services Limited

Company Information
for the Year Ended 30 March 2024







DIRECTOR: R F Fairbairn





REGISTERED OFFICE: Belle House
1 Church Lane
Eston
Middlesbrough
TS6 9DU





REGISTERED NUMBER: 05058156 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
73 Gilkes Street
Middlesbrough
TS1 5EH

Belle Financial Services Limited (Registered number: 05058156)

Income Statement
for the Year Ended 30 March 2024

Period
1.4.22
Year Ended to
30.3.24 30.3.23
Notes £    £   

TURNOVER 164,401 83,030

Administrative expenses 99,416 32,436
OPERATING PROFIT and
PROFIT BEFORE TAXATION 64,985 50,594

Tax on profit 5 15,339 9,464
PROFIT FOR THE FINANCIAL YEAR 49,646 41,130

Belle Financial Services Limited (Registered number: 05058156)

Balance Sheet
30 March 2024

30.3.24 30.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 392 1,056

CURRENT ASSETS
Debtors 7 76,346 52,435
Cash at bank 32,543 40,002
108,889 92,437
CREDITORS
Amounts falling due within one year 8 59,565 55,573
NET CURRENT ASSETS 49,324 36,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,716

37,920

CREDITORS
Amounts falling due after more than one
year

9

8,400

15,600
NET ASSETS 41,316 22,320

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 41,315 22,319
41,316 22,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 2 May 2024 and were signed by:




R F Fairbairn - Director


Belle Financial Services Limited (Registered number: 05058156)

Statement of Changes in Equity
for the Year Ended 30 March 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 April 2022 1 189 190

Changes in equity
Dividends - (19,000 ) (19,000 )
Total comprehensive income - 41,130 41,130
Balance at 30 March 2023 1 22,319 22,320

Changes in equity
Dividends - (30,650 ) (30,650 )
Total comprehensive income - 49,646 49,646
Balance at 30 March 2024 1 41,315 41,316

Belle Financial Services Limited (Registered number: 05058156)

Notes to the Financial Statements
for the Year Ended 30 March 2024

1. STATUTORY INFORMATION

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 1 (2023 - 1 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

Period
1.4.22
Year Ended to
30.3.24 30.3.23
£    £   
Depreciation - owned assets 664 267

Belle Financial Services Limited (Registered number: 05058156)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
Period
1.4.22
Year Ended to
30.3.24 30.3.23
£    £   
Current tax:
UK corporation tax 13,647 9,464
(Over) / under provision - prior year 1,692 -

Tax on profit 15,339 9,464

UK corporation tax has been charged at 20.79% (2023 - 19%).

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2023
and 30 March 2024 1,331
DEPRECIATION
At 31 March 2023 275
Charge for year 664
At 30 March 2024 939
NET BOOK VALUE
At 30 March 2024 392
At 30 March 2023 1,056

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Trade debtors 3,867 4,435
Loan 72,479 48,000
76,346 52,435

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Bank loans and overdrafts 7,200 7,200
Trade creditors 8,262 2,000
Taxation and social security 23,344 33,650
Other creditors 20,759 12,723
59,565 55,573

Belle Financial Services Limited (Registered number: 05058156)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.24 30.3.23
£    £   
Bank loans 8,400 15,600

10. RELATED PARTY DISCLOSURES

As at 30 March 2024 the company owed Mr R F Fairbairn £194 (2023: £1,435).

11. ULTIMATE CONTROLLING PARTY

The controlling party is R F Fairbairn.