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REGISTERED NUMBER: 03712518 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Bell Publishing Limited

Bell Publishing Limited (Registered number: 03712518)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bell Publishing Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr N McRitchie
Mrs S McRitchie





REGISTERED OFFICE: 1st Floor
One Suffolk Way
Sevenoaks
Kent
TN13 1YL





REGISTERED NUMBER: 03712518 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
1st Floor
One Suffolk Way
Sevenoaks
Kent
TN13 1YL

Bell Publishing Limited (Registered number: 03712518)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 139,017 176,482
Investments 6 285,661 330,661
424,678 507,143

CURRENT ASSETS
Debtors 7 1,070,978 1,091,485
Cash at bank and in hand 513,200 598,676
1,584,178 1,690,161
CREDITORS
Amounts falling due within one year 8 198,054 207,166
NET CURRENT ASSETS 1,386,124 1,482,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,810,802

1,990,138

CREDITORS
Amounts falling due after more than one year 9 (443,737 ) (290,453 )

PROVISIONS FOR LIABILITIES (11,422 ) (12,159 )
NET ASSETS 1,355,643 1,687,526

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Capital redemption reserve 12 5,000 5,000
Retained earnings 12 1,349,643 1,681,526
SHAREHOLDERS' FUNDS 1,355,643 1,687,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bell Publishing Limited (Registered number: 03712518)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:





Mr N McRitchie - Director


Bell Publishing Limited (Registered number: 03712518)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Bell Publishing 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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year 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 balance sheet date.

Bell Publishing Limited (Registered number: 03712518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

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.

Basis of preparation
The accounts are prepared on a going concern basis as the Company has sufficient financial resource and support in order to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 47,241
AMORTISATION
At 1 April 2024
and 31 March 2025 47,241
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

Bell Publishing Limited (Registered number: 03712518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024 88,903 10,038 82,211 164,825 345,977
Additions - - 4,877 - 4,877
Disposals - - (1,709 ) (43,995 ) (45,704 )
At 31 March 2025 88,903 10,038 85,379 120,830 305,150
DEPRECIATION
At 1 April 2024 4,445 10,038 67,437 87,575 169,495
Charge for year 4,445 - 5,768 19,879 30,092
Eliminated on disposal - - - (33,454 ) (33,454 )
At 31 March 2025 8,890 10,038 73,205 74,000 166,133
NET BOOK VALUE
At 31 March 2025 80,013 - 12,174 46,830 139,017
At 31 March 2024 84,458 - 14,774 77,250 176,482

6. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 April 2024 330,661
Impairments (45,000 )
At 31 March 2025 285,661
NET BOOK VALUE
At 31 March 2025 285,661
At 31 March 2024 330,661

Cost or valuation at 31 March 2025 is represented by:

Unlisted
investments
£   
Valuation in 2009 204,392
Valuation in 2018 85,000
Valuation in 2020 26,269
Valuation in 2024 15,000
Valuation in 2025 (45,000 )
285,661

If the investments had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 289,392 289,392

Bell Publishing Limited (Registered number: 03712518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. FIXED ASSET INVESTMENTS - continued

The directors have considered the valuation of the Investments in the accounts as at 31st March 2025 on an open market basis and consider them to show a true and fair position of the Investments at the balance sheet date.

7. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 87,521 100,016
Other debtors - 152
Directors' current accounts 209,068 206,984
VAT - 16,404
Prepayments and accrued income 14,320 22,175
310,909 345,731

Amounts falling due after more than one year:
Amounts owed by group undertakings 667,871 659,531
Other debtors 74,536 74,384
Deferred Tax 17,662 11,839
760,069 745,754

Aggregate amounts 1,070,978 1,091,485

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 25,565 23,677
Hire purchase contracts 3,438 3,438
Trade creditors 57,231 81,773
Social security and other taxes 14,936 14,102
VAT 2,843 -
Other creditors 16,956 33,515
Pensions Payable 2,238 2,253
Accrued expenses 74,847 48,408
198,054 207,166

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 61,919 89,370
Hire purchase contracts 44,195 47,633
Amounts owed to group undertakings 337,623 153,450
443,737 290,453

10. FINANCIAL INSTRUMENTS

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Bell Publishing Limited (Registered number: 03712518)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary 1 1,000 1,000

12. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2024 1,681,526 5,000 1,686,526
Deficit for the year (56,883 ) (56,883 )
Dividends (275,000 ) (275,000 )
At 31 March 2025 1,349,643 5,000 1,354,643

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr N McRitchie and Mrs S McRitchie
Balance outstanding at start of year 214,252 215,352
Amounts advanced 264,155 198,900
Amounts repaid (275,000 ) (200,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 203,407 214,252

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Neil and Sarah McRitchie.