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REGISTERED NUMBER: 13318310 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Otis & Belle Stow Ltd

Otis & Belle Stow Ltd (Registered number: 13318310)

Contents of the Financial Statements
for the year ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Otis & Belle Stow Ltd

Company Information
for the year ended 30 April 2024







DIRECTOR: W R Alexander





REGISTERED OFFICE: Kenton House
Oxford Street
Moreton-in-Marsh
GL56 0LA





REGISTERED NUMBER: 13318310 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

Otis & Belle Stow Ltd (Registered number: 13318310)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,880 19,762

CURRENT ASSETS
Stocks 3,232 3,000
Debtors 5 44,008 6,562
Cash at bank 5,794 4,924
53,034 14,486
CREDITORS
Amounts falling due within one year 6 63,759 25,486
NET CURRENT LIABILITIES (10,725 ) (11,000 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,155

8,762

PROVISIONS FOR LIABILITIES 3,239 3,517
NET ASSETS 3,916 5,245

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,816 5,145
3,916 5,245

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Otis & Belle Stow Ltd (Registered number: 13318310)

Balance Sheet - continued
30 April 2024


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 director and authorised for issue on 14 November 2024 and were signed by:





W R Alexander - Director


Otis & Belle Stow Ltd (Registered number: 13318310)

Notes to the Financial Statements
for the year ended 30 April 2024


1. STATUTORY INFORMATION

Otis & Belle Stow Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% 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.


Otis & Belle Stow Ltd (Registered number: 13318310)

Notes to the Financial Statements - continued
for the year ended 30 April 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 2,082 17,627 4,420 1,985 26,114
Additions - 782 375 325 1,482
At 30 April 2024 2,082 18,409 4,795 2,310 27,596
DEPRECIATION
At 1 May 2023 832 2,626 2,084 810 6,352
Charge for year 416 1,500 678 770 3,364
At 30 April 2024 1,248 4,126 2,762 1,580 9,716
NET BOOK VALUE
At 30 April 2024 834 14,283 2,033 730 17,880
At 30 April 2023 1,250 15,001 2,336 1,175 19,762

Otis & Belle Stow Ltd (Registered number: 13318310)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 834 780
Other debtors 43,174 5,782
44,008 6,562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,749 3,092
Taxation and social security 64 1,015
Other creditors 56,946 21,379
63,759 25,486

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,450 15,450
Between one and five years 15,450 1,288
30,900 16,738

Otis & Belle Stow Ltd (Registered number: 13318310)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


8. RELATED PARTY DISCLOSURES

Included within creditors: amounts falling due within one year is a director's current account in the sum of £18,089 (2023: £18,090). The account is unsecured, interest free and carries no fixed date of repayment.

Also included within creditors: amounts falling due within one year is a loan provided by Otis & Belle Limited a company in which the director has an interest, in the sum of £37,437 (2023: £291 debtor). The loan is unsecured, interest free and carries no fixed date of repayment.

Included within debtors: amounts falling due within one year is a loan provided to Otis & Belle Bakeries Limited a company in which the director has an interest, in the sum of £35,429 (2023: £2,197 creditor). The loan is unsecured, interest free and carries no fixed date of repayment.

Also included within debtors: amounts falling due within one year is a loan provided to Otis & Belle Broadway Limited a company in which the director has an interest, in the sum of £3,288 (2023: £nil). The loan is unsecured, interest free and carries no fixed date of repayment.