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REGISTERED NUMBER: 00832773 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NICHOLAS BELT (ESTATE AGENCY) LIMITED

NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)






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


NICHOLAS BELT (ESTATE AGENCY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: H L Jewitt
S Jewitt





SECRETARY: H L Jewitt





REGISTERED OFFICE: 24 Prospect Street
Bridlington
East Yorkshire
YO15 2AL





REGISTERED NUMBER: 00832773 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,293 25,084

CURRENT ASSETS
Debtors 5 90,866 88,131
Cash at bank and in hand 191,909 185,126
282,775 273,257
CREDITORS
Amounts falling due within one year 6 78,490 65,627
NET CURRENT ASSETS 204,285 207,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,578

232,714

PROVISIONS FOR LIABILITIES 2,879 2,953
NET ASSETS 223,699 229,761

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 223,599 229,661
SHAREHOLDERS' FUNDS 223,699 229,761

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.

NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:




H L Jewitt - Director



S Jewitt - Director


NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Nicholas Belt (Estate Agency) 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 represents commission on the sale of properties, and is recognised on completion of the property sale.

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 reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 has implemented auto-enrolment pension in respect of all employees. Contributions are charged to the statement of income and retained earnings in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 63,628
Additions 2,865
Disposals (21 )
At 31 March 2025 66,472
DEPRECIATION
At 1 April 2024 38,544
Charge for year 5,638
Eliminated on disposal (3 )
At 31 March 2025 44,179
NET BOOK VALUE
At 31 March 2025 22,293
At 31 March 2024 25,084

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 90,866 88,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 3,742 3,063
Taxation and social security 67,827 57,602
Other creditors 6,921 4,962
78,490 65,627

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
51 Ordinary A £1 51 51
49 Ordinary B £1 49 49
100 100

NICHOLAS BELT (ESTATE AGENCY) LIMITED (REGISTERED NUMBER: 00832773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25 31.3.24
£    £   
H L Jewitt and S Jewitt
Balance outstanding at start of year 85,964 -
Amounts advanced 104,757 85,964
Amounts repaid (124,052 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 66,669 85,964