Company Registration No. 4364485 (England and Wales)
Belmar Services Limited
Unaudited accounts
for the year ended 31 January 2025
Belmar Services Limited
Unaudited accounts
Contents
Belmar Services Limited
Company Information
for the year ended 31 January 2025
Directors
M Eastwood
J Eastwood
Company Number
4364485 (England and Wales)
Registered Office
2 Lynmoor Court
Hucknall
Nottingham
Nottinghamshire
NG15 8FT
England
Accountants
Taylor Accountancy Ltd
2 Lynmoor Court
Hucknall
Nottingham
NG15 8FT
Belmar Services Limited
Statement of financial position
as at 31 January 2025
Tangible assets
93,219
25,930
Cash at bank and in hand
284,839
174,573
Creditors: amounts falling due within one year
(199,000)
(131,929)
Net current assets
241,463
296,867
Total assets less current liabilities
334,682
322,797
Creditors: amounts falling due after more than one year
(95,309)
(21,241)
Provisions for liabilities
Net assets
238,964
300,917
Called up share capital
4,500
4,500
Profit and loss account
234,464
296,417
Shareholders' funds
238,964
300,917
For the year ending 31 January 2025 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 10 June 2025 and were signed on its behalf by
J Eastwood
Director
Company Registration No. 4364485
Belmar Services Limited
Notes to the Accounts
for the year ended 31 January 2025
Belmar Services Limited is a private company, limited by shares, registered in England and Wales, registration number 4364485. The registered office is 2 Lynmoor Court, Hucknall, Nottingham, Nottinghamshire, NG15 8FT, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
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.
Belmar Services Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2024
31,197
48,916
80,113
At 31 January 2025
31,197
147,492
178,689
At 1 February 2024
25,903
28,280
54,183
Charge for the year
1,484
29,803
31,287
At 31 January 2025
27,387
58,083
85,470
At 31 January 2025
3,810
89,409
93,219
At 31 January 2024
5,294
20,636
25,930
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
89,409
20,636
Amounts falling due within one year
Trade debtors
55,503
162,334
Accrued income and prepayments
5,490
9,972
6
Investments held as current assets
2025
2024
Listed investments
91,371
81,917
Unit Trust Investment (includes accumulated income)
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
12,643
6,223
Trade creditors
92,541
40,990
Taxes and social security
90,183
71,252
Other creditors
1,133
1,410
Belmar Services Limited
Notes to the Accounts
for the year ended 31 January 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
95,309
21,241
Allotted, called up and fully paid:
4,500 Ordinary shares of £1 each
4,500
4,500
The company is controlled by the directors who are also the major shareholders.
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).