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Company Registration No. 13785634 (England and Wales)
BETHEL MARTS LTD Unaudited accounts for the year ended 31 December 2024
BETHEL MARTS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,000 
21,000 
Current assets
Inventories
44,830 
40,180 
Debtors
5
20,685 
21,011 
Cash at bank and in hand
4,842 
22,745 
70,357 
83,936 
Creditors: amounts falling due within one year
6
(34,551)
(57,515)
Net current assets
35,806 
26,421 
Total assets less current liabilities
51,806 
47,421 
Creditors: amounts falling due after more than one year
7
(3,106)
(10,250)
Net assets
48,700 
37,171 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
20,000 
20,000 
Profit and loss account
28,600 
17,071 
Shareholders' funds
48,700 
37,171 
For the year ending 31 December 2024 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 30 September 2025 and were signed on its behalf by
Lathish Joseph Director Company Registration No. 13785634
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BETHEL MARTS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BETHEL MARTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13785634. The registered office is 144 LONDON ROAD, HEADINGTON, OX3 9EB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & Machinery: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20% Fixtures & Fittings: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
Leased assets
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.
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BETHEL MARTS LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
15,000 
16,000 
31,000 
At 31 December 2024
15,000 
16,000 
31,000 
Depreciation
At 1 January 2024
4,800 
5,200 
10,000 
Charge for the year
2,400 
2,600 
5,000 
At 31 December 2024
7,200 
7,800 
15,000 
Net book value
At 31 December 2024
7,800 
8,200 
16,000 
At 31 December 2023
10,200 
10,800 
21,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
848 
961 
Trade debtors
6,837 
4,550 
Other debtors
3,000 
5,500 
10,685 
11,011 
Amounts falling due after more than one year
Accrued income and prepayments
10,000 
10,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
15,099 
43,642 
Trade creditors
12,480 
6,138 
Taxes and social security
6,822 
6,685 
Other creditors
150 
1,050 
34,551 
57,515 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
10,250 
Taxes and social security
3,106 
- 
3,106 
10,250 
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BETHEL MARTS LTD Notes to the Accounts for the year ended 31 December 2024
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
20,000 
20,000 
Later than one year and not later than five years
80,000 
80,000 
Later than five years
40,000 
60,000 
140,000 
160,000 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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