W R Bettelley Limited 04682617 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of funeral directors Digita Accounts Production Advanced 6.30.9574.0 true 04682617 2023-04-01 2024-03-31 04682617 2024-03-31 04682617 core:RetainedEarningsAccumulatedLosses 2024-03-31 04682617 core:ShareCapital 2024-03-31 04682617 core:CurrentFinancialInstruments 2024-03-31 04682617 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04682617 core:OtherResidualIntangibleAssets 2024-03-31 04682617 core:FurnitureFittings 2024-03-31 04682617 core:MotorVehicles 2024-03-31 04682617 core:OfficeEquipment 2024-03-31 04682617 bus:SmallEntities 2023-04-01 2024-03-31 04682617 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04682617 bus:FullAccounts 2023-04-01 2024-03-31 04682617 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04682617 bus:RegisteredOffice 2023-04-01 2024-03-31 04682617 bus:Director1 2023-04-01 2024-03-31 04682617 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04682617 core:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 04682617 core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 04682617 core:FurnitureFittings 2023-04-01 2024-03-31 04682617 core:MotorVehicles 2023-04-01 2024-03-31 04682617 core:OfficeEquipment 2023-04-01 2024-03-31 04682617 countries:EnglandWales 2023-04-01 2024-03-31 04682617 2023-03-31 04682617 core:OtherResidualIntangibleAssets 2023-03-31 04682617 core:FurnitureFittings 2023-03-31 04682617 core:MotorVehicles 2023-03-31 04682617 core:OfficeEquipment 2023-03-31 04682617 2022-04-01 2023-03-31 04682617 2023-03-31 04682617 core:RetainedEarningsAccumulatedLosses 2023-03-31 04682617 core:ShareCapital 2023-03-31 04682617 core:CurrentFinancialInstruments 2023-03-31 04682617 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04682617 core:OtherResidualIntangibleAssets 2023-03-31 04682617 core:FurnitureFittings 2023-03-31 04682617 core:MotorVehicles 2023-03-31 04682617 core:OfficeEquipment 2023-03-31 iso4217:GBP xbrli:pure

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Registration number: 04682617

W R Bettelley Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

W R Bettelley Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

W R Bettelley Limited

(Registration number: 04682617)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

1,296

1,944

Tangible assets

5

114,466

136,074

 

115,762

138,018

Current assets

 

Stocks

6

3,000

2,530

Debtors

7

44,663

26,511

Cash at bank and in hand

 

185,590

163,086

 

233,253

192,127

Creditors: Amounts falling due within one year

8

(99,062)

(87,728)

Net current assets

 

134,191

104,399

Total assets less current liabilities

 

249,953

242,417

Provisions for liabilities

(19,064)

(23,106)

Net assets

 

230,889

219,311

Capital and reserves

 

Called up share capital

100

100

Retained earnings

230,789

219,211

Shareholders' funds

 

230,889

219,311

 

W R Bettelley Limited

(Registration number: 04682617)
Balance Sheet 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 Profit and Loss Account.

Approved and authorised by the Board on 27 November 2024 and signed on its behalf by:
 

.........................................
Mrs R Rushton
Director

 

W R Bettelley 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:
315 Uttoxeter Road
Normacot
Stoke On Trent
Staffordshire
ST3 5LQ
England

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. These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of funeral services. Turnover is shown net of discounts where applicable.

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.

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.

 

W R Bettelley Limited

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

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 balance sheet 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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% straight line

Office equipment

25% straight line

Motor vehicles

20% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website

5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method..
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

W R Bettelley Limited

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 6).

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 April 2023

3,240

3,240

At 31 March 2024

3,240

3,240

Amortisation

At 1 April 2023

1,296

1,296

Amortisation charge

648

648

At 31 March 2024

1,944

1,944

Carrying amount

At 31 March 2024

1,296

1,296

At 31 March 2023

1,944

1,944

 

W R Bettelley Limited

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

5

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

42,168

9,341

203,041

254,550

Additions

1,182

-

-

1,182

At 31 March 2024

43,350

9,341

203,041

255,732

Depreciation

At 1 April 2023

33,737

8,635

76,104

118,476

Charge for the year

3,213

383

19,194

22,790

At 31 March 2024

36,950

9,018

95,298

141,266

Carrying amount

At 31 March 2024

6,400

323

107,743

114,466

At 31 March 2023

8,431

706

126,937

136,074

6

Stocks

2024
£

2023
£

Other inventories

3,000

2,530

7

Debtors

Current

2024
£

2023
£

Trade debtors

43,093

23,123

Other debtors

1,570

3,388

 

44,663

26,511

 

W R Bettelley Limited

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

8

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

4,981

3,003

Other creditors

94,081

84,725

99,062

87,728