0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-31 Sage Accounts Production Advanced 2023 - FRS102_2023 1,360 1,032 212 1,244 116 328 xbrli:pure xbrli:shares iso4217:GBP 08365988 2023-01-31 2024-01-29 08365988 2024-01-29 08365988 2023-01-30 08365988 2022-01-31 2023-01-30 08365988 2023-01-30 08365988 2022-01-30 08365988 core:FurnitureFittings 2023-01-31 2024-01-29 08365988 bus:Director1 2023-01-31 2024-01-29 08365988 core:FurnitureFittings 2023-01-30 08365988 core:FurnitureFittings 2024-01-29 08365988 core:WithinOneYear 2024-01-29 08365988 core:WithinOneYear 2023-01-30 08365988 core:AfterOneYear 2024-01-29 08365988 core:AfterOneYear 2023-01-30 08365988 core:ShareCapital 2024-01-29 08365988 core:ShareCapital 2023-01-30 08365988 core:RetainedEarningsAccumulatedLosses 2024-01-29 08365988 core:RetainedEarningsAccumulatedLosses 2023-01-30 08365988 core:FurnitureFittings 2023-01-30 08365988 bus:SmallEntities 2023-01-31 2024-01-29 08365988 bus:AuditExemptWithAccountantsReport 2023-01-31 2024-01-29 08365988 bus:SmallCompaniesRegimeForAccounts 2023-01-31 2024-01-29 08365988 bus:PrivateLimitedCompanyLtd 2023-01-31 2024-01-29 08365988 bus:FullAccounts 2023-01-31 2024-01-29
COMPANY REGISTRATION NUMBER: 08365988
BELLFIELD CLOTHING LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
29 January 2024
BELLFIELD CLOTHING LIMITED
STATEMENT OF FINANCIAL POSITION
29 January 2024
29 Jan 24
30 Jan 23
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
116
328
CURRENT ASSETS
Stocks
32,539
35,039
Debtors
5
47,214
42,320
Cash at bank and in hand
642
1,679
--------
--------
80,395
79,038
CREDITORS: amounts falling due within one year
6
( 492,029)
( 474,232)
---------
---------
NET CURRENT LIABILITIES
( 411,634)
( 395,194)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 411,518)
( 394,866)
CREDITORS: amounts falling due after more than one year
7
( 16,617)
( 26,227)
---------
---------
NET LIABILITIES
( 428,135)
( 421,093)
---------
---------
CAPITAL AND RESERVES
Called up share capital
2
2
Profit and loss account
( 428,137)
( 421,095)
---------
---------
SHAREHOLDERS DEFICIT
( 428,135)
( 421,093)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 29 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
BELLFIELD CLOTHING LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
29 January 2024
These financial statements were approved by the board of directors and authorised for issue on 18 December 2024 , and are signed on behalf of the board by:
R Anand
Director
Company registration number: 08365988
BELLFIELD CLOTHING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 31 JANUARY 2023 TO 29 JANUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ashbury Works, Gorton Road, Pottery Lane, Gorton, Manchester, M12 5AD, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis . The financial statements are prepared in sterling, which is the functional currency of the entity . The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing support.
Judgements and key sources of estimation uncertainty
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 revenue recognised by the company in respect of goods and services supplied exclusive of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS
Fixtures and fittings
Total
£
£
Cost
At 31 January 2023 and 29 January 2024
1,360
1,360
-------
-------
Depreciation
At 31 January 2023
1,032
1,032
Charge for the period
212
212
-------
-------
At 29 January 2024
1,244
1,244
-------
-------
Carrying amount
At 29 January 2024
116
116
-------
-------
At 30 January 2023
328
328
-------
-------
5. DEBTORS
29 Jan 24
30 Jan 23
£
£
Trade debtors
1,298
Other debtors
47,214
41,022
--------
--------
47,214
42,320
--------
--------
6. CREDITORS: amounts falling due within one year
29 Jan 24
30 Jan 23
£
£
Bank loans and overdrafts
10,000
10,000
Trade creditors
351,763
460,794
Amounts due to related companies
129,231
Other creditors
1,035
3,438
---------
---------
492,029
474,232
---------
---------
7. CREDITORS: amounts falling due after more than one year
29 Jan 24
30 Jan 23
£
£
Bank loans and overdrafts
16,617
26,227
--------
--------