IRIS Accounts Production v24.3.0.553 04533635 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045336352023-01-31045336352024-01-31045336352023-02-012024-01-31045336352022-01-31045336352022-02-012023-01-31045336352023-01-3104533635ns14:PoundSterling2023-02-012024-01-3104533635ns10:Director12023-02-012024-01-3104533635ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104533635ns10:SmallEntities2023-02-012024-01-3104533635ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3104533635ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104533635ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104533635ns10:FullAccounts2023-02-012024-01-310453363512023-02-012024-01-3104533635ns10:Director22023-02-012024-01-3104533635ns10:CompanySecretary12023-02-012024-01-3104533635ns10:RegisteredOffice2023-02-012024-01-3104533635ns5:CurrentFinancialInstruments2024-01-3104533635ns5:CurrentFinancialInstruments2023-01-3104533635ns5:Non-currentFinancialInstruments2024-01-3104533635ns5:Non-currentFinancialInstruments2023-01-3104533635ns5:ShareCapital2024-01-3104533635ns5:ShareCapital2023-01-3104533635ns5:RetainedEarningsAccumulatedLosses2024-01-3104533635ns5:RetainedEarningsAccumulatedLosses2023-01-3104533635ns5:NetGoodwill2023-02-012024-01-3104533635ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3104533635ns5:PlantMachinery2023-02-012024-01-3104533635ns5:FurnitureFittings2023-02-012024-01-3104533635ns5:MotorVehicles2023-02-012024-01-3104533635ns5:ComputerEquipment2023-02-012024-01-3104533635ns5:NetGoodwill2023-01-3104533635ns5:NetGoodwill2024-01-3104533635ns5:NetGoodwill2023-01-3104533635ns5:PlantMachinery2023-01-3104533635ns5:FurnitureFittings2023-01-3104533635ns5:MotorVehicles2023-01-3104533635ns5:ComputerEquipment2023-01-3104533635ns5:PlantMachinery2024-01-3104533635ns5:FurnitureFittings2024-01-3104533635ns5:MotorVehicles2024-01-3104533635ns5:ComputerEquipment2024-01-3104533635ns5:PlantMachinery2023-01-3104533635ns5:FurnitureFittings2023-01-3104533635ns5:MotorVehicles2023-01-3104533635ns5:ComputerEquipment2023-01-3104533635ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104533635ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31045336351ns10:Director12023-01-31045336351ns10:Director12022-01-31045336351ns10:Director12023-02-012024-01-31045336351ns10:Director12022-02-012023-01-31045336351ns10:Director12024-01-31045336351ns10:Director12023-01-3104533635ns10:Director222023-01-3104533635ns10:Director222022-01-3104533635ns10:Director222023-02-012024-01-3104533635ns10:Director222022-02-012023-01-3104533635ns10:Director222024-01-3104533635ns10:Director222023-01-31
REGISTERED NUMBER: 04533635


















Unaudited Financial Statements

for the Year Ended 31st January 2024

for

B W Belcher & Son Limited

B W Belcher & Son Limited (Registered number: 04533635)






Contents of the Financial Statements
for the Year Ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B W Belcher & Son Limited

Company Information
for the Year Ended 31st January 2024







DIRECTORS: B T Belcher
Mrs S M Belcher





SECRETARY: B T Belcher





REGISTERED OFFICE: Unit 12 Bridge Street Industrial Estate
Uttoxeter
Staffordshire
ST14 8SP





REGISTERED NUMBER: 04533635





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP

B W Belcher & Son Limited (Registered number: 04533635)

Balance Sheet
31st January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,973 3,273
1,973 3,273

CURRENT ASSETS
Stocks 1,250 1,500
Debtors 6 68,520 61,935
Cash at bank and in hand 931 3,626
70,701 67,061
CREDITORS
Amounts falling due within one year 7 65,648 57,005
NET CURRENT ASSETS 5,053 10,056
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,026

13,329

CREDITORS
Amounts falling due after more than one
year

8

(6,775

)

(12,483

)

PROVISIONS FOR LIABILITIES (364 ) (573 )
NET (LIABILITIES)/ASSETS (113 ) 273

B W Belcher & Son Limited (Registered number: 04533635)

Balance Sheet - continued
31st January 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (117 ) 269
SHAREHOLDERS' FUNDS (113 ) 273

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

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 29th November 2024 and were signed on its behalf by:





B T Belcher - Director


B W Belcher & Son Limited (Registered number: 04533635)

Notes to the Financial Statements
for the Year Ended 31st January 2024

1. STATUTORY INFORMATION

B W Belcher & Son Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 comprises the value of sales ( excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Revenue is recognised when goods are delivered and hence is the point at which risk and rewards of ownership pass to the buyer. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised evenly over its estimated useful life of ten 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

B W Belcher & Son Limited (Registered number: 04533635)

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

2. ACCOUNTING POLICIES - continued

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.

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 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st February 2023
and 31st January 2024 90,000
AMORTISATION
At 1st February 2023
and 31st January 2024 90,000
NET BOOK VALUE
At 31st January 2024 -
At 31st January 2023 -

B W Belcher & Son Limited (Registered number: 04533635)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st February 2023 1,153 956 30,138 5,403 37,650
Disposals - - (6,083 ) - (6,083 )
At 31st January 2024 1,153 956 24,055 5,403 31,567
DEPRECIATION
At 1st February 2023 1,067 862 27,658 4,790 34,377
Charge for year 13 14 587 254 868
Eliminated on disposal - - (5,651 ) - (5,651 )
At 31st January 2024 1,080 876 22,594 5,044 29,594
NET BOOK VALUE
At 31st January 2024 73 80 1,461 359 1,973
At 31st January 2023 86 94 2,480 613 3,273


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,331 27,011
Other debtors 52,189 34,924
68,520 61,935

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,473 7,571
Trade creditors 23,924 32,356
Taxation and social security 21,118 9,478
Other creditors 8,133 7,600
65,648 57,005

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 6,775 12,483

B W Belcher & Son Limited (Registered number: 04533635)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2024 and 31st January 2023:

2024 2023
£    £   
B T Belcher
Balance outstanding at start of year 16,890 14,041
Amounts advanced 2,250 16,890
Amounts repaid - (14,041 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,140 16,890

Mrs S M Belcher
Balance outstanding at start of year 16,890 14,041
Amounts advanced 2,250 16,890
Amounts repaid - (14,041 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,140 16,890

Interest amounting to £779 was paid to the company by the directors in respect of advances.