Bell Holdings (Banbury) Limited 05297963 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is a holding company for the trading company of Christopher Bell Limited. The principal activity of the company's subsidiary undertaking is carpentry and joinery Digita Accounts Production Advanced 6.30.9574.0 true false true false 05297963 2023-04-01 2024-03-31 05297963 2024-03-31 05297963 bus:OrdinaryShareClass1 2024-03-31 05297963 core:CurrentFinancialInstruments 2024-03-31 05297963 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05297963 core:Non-currentFinancialInstruments 2024-03-31 05297963 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 05297963 bus:SmallEntities 2023-04-01 2024-03-31 05297963 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05297963 bus:FilletedAccounts 2023-04-01 2024-03-31 05297963 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05297963 bus:RegisteredOffice 2023-04-01 2024-03-31 05297963 bus:Director2 2023-04-01 2024-03-31 05297963 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05297963 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05297963 core:Subsidiary1 2023-04-01 2024-03-31 05297963 core:Subsidiary1 1 2023-04-01 2024-03-31 05297963 core:Subsidiary1 countries:EnglandWales 2023-04-01 2024-03-31 05297963 countries:EnglandWales 2023-04-01 2024-03-31 05297963 core:CostValuation 2023-03-31 05297963 2022-04-01 2023-03-31 05297963 2023-03-31 05297963 bus:OrdinaryShareClass1 2023-03-31 05297963 core:CurrentFinancialInstruments 2023-03-31 05297963 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 05297963 core:Non-currentFinancialInstruments 2023-03-31 05297963 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 05297963 core:Subsidiary1 1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05297963

Bell Holdings (Banbury) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Bell Holdings (Banbury) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Bell Holdings (Banbury) Limited

(Registration number: 05297963)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

1,000

1,000

Current assets

 

Debtors

5

879,627

995,524

Investments

6

-

103,844

Cash at bank and in hand

 

544,588

488,047

 

1,424,215

1,587,415

Creditors: Amounts falling due within one year

7

(29,474)

(29,474)

Net current assets

 

1,394,741

1,557,941

Total assets less current liabilities

 

1,395,741

1,558,941

Creditors: Amounts falling due after more than one year

7

(28,800)

(57,600)

Net assets

 

1,366,941

1,501,341

Capital and reserves

 

Called up share capital

8

500

500

Capital redemption reserve

500

500

Retained earnings

1,365,941

1,500,341

Shareholders' funds

 

1,366,941

1,501,341

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.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2025
 

 

Bell Holdings (Banbury) Limited

(Registration number: 05297963)
Balance Sheet as at 31 March 2024

.........................................
C D Bell
Director

 

Bell Holdings (Banbury) 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:
111/113 High Street
Evesham
Worcestershire
WR11 4XP
England

These financial statements were authorised for issue by the director on 24 March 2025.

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current 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.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Bell Holdings (Banbury) Limited

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

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Bell Holdings (Banbury) Limited

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

4

Investments

2024
£

2023
£

Investments in subsidiaries

1,000

1,000

Subsidiaries

£

Cost or valuation

At 1 April 2023

1,000

Provision

Carrying amount

At 31 March 2024

1,000

At 31 March 2023

1,000

 

Bell Holdings (Banbury) Limited

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

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

Christopher Bell Ltd

Malthouse Wharf
Lower Cherwell Street
Banbury
Oxfordshire
OX16 8AJ

England and Wales

Ordinary Shares

100%

100%

Subsidiary undertakings

Christopher Bell Ltd

The principal activity of Christopher Bell Ltd is Carpentry and joinery. The loss for the financial period of Christopher Bell Ltd was £53,295 and the aggregate amount of capital and reserves at the end of the period was £285,706.

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

879,627

995,524

   

879,627

995,524

6

Current asset investments

2024
£

2023
£

Other investments

-

103,844

 

Bell Holdings (Banbury) Limited

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

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

28,800

28,800

Taxation and social security

 

44

44

Accruals and deferred income

 

630

630

 

29,474

29,474

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

28,800

57,600

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000

       

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

28,800

57,600

Current loans and borrowings

2024
£

2023
£

Other borrowings

28,800

28,800