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REGISTERED NUMBER: 10303611 (England and Wales)












Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

Belmont Bakery Machinery Limited

Belmont Bakery Machinery Limited (Registered number: 10303611)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Belmont Bakery Machinery Limited

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTOR: S C Wells





REGISTERED OFFICE: The New Works
Roughmoor Industrial Estate
Williton
Somerset
TA4 4RF





REGISTERED NUMBER: 10303611 (England and Wales)





ACCOUNTANTS: Anthony Marshall Ltd
Chartered Accountants
70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ

Belmont Bakery Machinery Limited (Registered number: 10303611)

Statement of Financial Position
31 December 2024

31.12.24 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,240 26,606

CURRENT ASSETS
Stocks 5 168,871 111,000
Debtors 6 18,652 42,013
Cash at bank 13,366 566,327
200,889 719,340
CREDITORS
Amounts falling due within one year 7 48,257 136,204
NET CURRENT ASSETS 152,632 583,136
TOTAL ASSETS LESS CURRENT LIABILITIES 175,872 609,742

PROVISIONS FOR LIABILITIES 5,810 6,652
NET ASSETS 170,062 603,090

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 170,061 603,089
170,062 603,090

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

Belmont Bakery Machinery Limited (Registered number: 10303611)

Statement of Financial Position - continued
31 December 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 24 February 2025 and were signed by:





S C Wells - Director


Belmont Bakery Machinery Limited (Registered number: 10303611)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Belmont Bakery Machinery 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.

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 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.
Fixtures and fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

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

Long term contracts are stated at net cost less foreseeable losses less any applicable payments on account. The amount recorded as turnover in respect of long term contracts is ascertained by reference to the value of the work carried out to date. Attributable profit is recognised as the difference between recorded turnover and related costs.

Taxation
Taxation for the period 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 statement of financial position date.


Belmont Bakery Machinery Limited (Registered number: 10303611)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 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 statement of financial position 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 period 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.

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 period was 6 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 December 2024 55,337 10,456 8,952 74,745
DEPRECIATION
At 1 April 2024 33,705 8,983 5,451 48,139
Charge for period 2,434 276 656 3,366
At 31 December 2024 36,139 9,259 6,107 51,505
NET BOOK VALUE
At 31 December 2024 19,198 1,197 2,845 23,240
At 31 March 2024 21,632 1,473 3,501 26,606

5. STOCKS
31.12.24 31.3.24
£    £   
Stocks 142,036 111,000

Belmont Bakery Machinery Limited (Registered number: 10303611)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Trade debtors 11,780 37,456
Other debtors 6,872 4,557
18,652 42,013

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Trade creditors 17,510 2,097
Taxation and social security 24,369 125,710
Other creditors 6,378 8,397
48,257 136,204

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company paid rents of £60,000 (2024:£60,000) to P Yates for the rental of industrial units. These rents were charged at normal commercial rates.
During the year the company made defined contributions of £60,000 (2024:£60,000) into the pension fund of P Yates. These payments were made on normal commercial terms.

9. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Stephen Christopher Wells by virtue of his shareholding and directorship in RTB Private Equity Ltd.