REGISTERED NUMBER: 03229896 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Bell Precision Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Bell

SECRETARY:

J D Bell

REGISTERED OFFICE:

Unit 1

Maressa House

4 Ickneild Way

Letchworth

Hertfordshire

SG6 1EX

REGISTERED NUMBER:

03229896 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

2

2

CURRENT ASSETS

Stocks

5

20,500

21,836

Debtors

6

49,447

43,197

Cash at bank

19,095

16,366

89,042

81,399

CREDITORS

Amounts falling due within one year

7

118,763

111,542

NET CURRENT LIABILITIES

(29,721

)

(30,143

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,719

)

(30,141

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(29,819

)

(30,241

)

SHAREHOLDERS' FUNDS

(29,719

)

(30,141

)

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

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

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 20 June 2025 and were signed by:

J Bell - Director

1.	STATUTORY INFORMATION

Bell Precision 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.

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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

90,427

4,887

95,314

DEPRECIATION

At 1 October 2023

and 30 September 2024

90,426

4,886

95,312

NET BOOK VALUE

At 30 September 2024

1

1

2

At 30 September 2023

1

1

2

5.

STOCKS

30.9.24

30.9.23

£

£

Stocks

11,000

11,000

Work-in-progress

9,500

10,836

20,500

21,836

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

49,314

42,816

Other debtors

133

381

49,447

43,197

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

5,144

9,238

Taxation and social security

39,125

34,600

Other creditors

74,494

67,704

118,763

111,542

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 October 2023

(30,241

)

Profit for the year

422

At 30 September 2024

(29,819

)

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Bell.