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Company Registration No. 10396166 (England and Wales)
Bellefield Joinery Limited Unaudited accounts for the year ended 30 August 2024
Bellefield Joinery Limited Unaudited accounts Contents
Page
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Bellefield Joinery Limited Company Information for the year ended 30 August 2024
Directors
Mr J Moran Mr A Shields
Company Number
10396166 (England and Wales)
Registered Office
1 Stable Court Business Centre Water Lane Farm Tarbock Green Liverpool Merseyside L35 1RD
Accountants
Invictus Accountancy Services Limited 1 Stable Court Business Centre Water Lane Farm Tarbock Green Liverpool Merseyside L35 1RD
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Bellefield Joinery Limited Statement of financial position as at 30 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,743 
42,051 
Current assets
Debtors
117,378 
143,220 
Investments
2,334 
- 
Cash at bank and in hand
11,957 
14,727 
131,669 
157,947 
Creditors: amounts falling due within one year
(136,516)
(168,233)
Net current liabilities
(4,847)
(10,286)
Total assets less current liabilities
30,896 
31,765 
Creditors: amounts falling due after more than one year
(30,748)
(30,748)
Net assets
148 
1,017 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
146 
1,015 
Shareholders' funds
148 
1,017 
For the year ending 30 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Mr A Shields Director Company Registration No. 10396166
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Bellefield Joinery Limited Notes to the Accounts for the year ended 30 August 2024
1
Statutory information
Bellefield Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 10396166. The registered office is 1 Stable Court Business Centre, Water Lane Farm Tarbock Green, Liverpool, Merseyside, L35 1RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Bellefield Joinery Limited Notes to the Accounts for the year ended 30 August 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 August 2023
42,051 
6,650 
48,701 
At 30 August 2024
42,051 
6,650 
48,701 
Depreciation
At 31 August 2023
- 
6,650 
6,650 
Charge for the year
6,308 
- 
6,308 
At 30 August 2024
6,308 
6,650 
12,958 
Net book value
At 30 August 2024
35,743 
- 
35,743 
At 30 August 2023
42,051 
- 
42,051 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,037 
10,474 
Trade debtors
24,269 
- 
Accrued income and prepayments
78,501 
132,746 
113,807 
143,220 
Amounts falling due after more than one year
Other debtors
3,571 
- 
6
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
2,334 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,528 
6,528 
Obligations under finance leases and hire purchase contracts
3,505 
3,505 
Trade creditors
8,262 
- 
Amounts owed to group undertakings and other participating interests
60,067 
62,444 
Taxes and social security
60,243 
54,276 
Loans from directors
(2,330)
39,499 
Accruals
241 
1,981 
136,516 
168,233 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,748 
30,748 
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Bellefield Joinery Limited Notes to the Accounts for the year ended 30 August 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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