Company registration number: 13083426
Unaudited financial statements
for the year ended 31 December 2024
for
Belledge Limited
Pages for filing with the Registrar
Company registration number: 13083426
Belledge Limited
Balance sheet
as at 31 December 2024
Note £ £
Fixed assets
Intangible assets 4 72,322
Tangible assets 5 50,550
122,872
Current assets
Stocks 45,870
Debtors 55,132
Cash at bank and in hand 34,897
135,899
Creditors: amounts falling due within one
year
(204,223)
Net current liabilities (68,324)
Total assets less current liabilities 54,548
NET ASSETS 54,548
Capital and reserves
Called up share capital 2
Profit and loss account 54,546
TOTAL EQUITY 54,548
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13083426
Belledge Limited
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr Z Gazi, Director
1 January 2025
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Belledge Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Belledge Limited is a private company registered in England and Wales. Its registered number is 13083426. The company is limited by shares. Its registered office is Academy House, 11 Dunraven Place, Bridgend, CF31 1JF.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Development costs - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 10% straight line
3
Belledge Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. 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.
3 Average number of employees
During the year the average number of employees was 15.
4 Intangible assets
Other
intangible
assets
£
Cost
At 31 December 2024 120,538
Amortisation
Charge for year 12,054
At 31 December 2024 48,216
Net book value
At 31 December 2024 72,322
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 31 December 2024 84,250
Depreciation
Charge for year 8,425
At 31 December 2024 33,700
4
Belledge Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Tangible fixed assets - continued
Net book value
At 31 December 2024 50,550
If Computer Equipment had not been revalued, it would have been included at the following historical cost:
£
Cost 84,250
Accumulated depreciation 8,425
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