| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 1 April 2025 |
| for |
| Belfield Bros.Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 1 April 2025 |
| for |
| Belfield Bros.Limited |
| Belfield Bros.Limited (Registered number: 01057514) |
| Contents of the Financial Statements |
| for the Year Ended 1 April 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Belfield Bros.Limited (Registered number: 01057514) |
| Balance Sheet |
| 1 April 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Belfield Bros.Limited (Registered number: 01057514) |
| Notes to the Financial Statements |
| for the Year Ended 1 April 2025 |
| 1. | STATUTORY INFORMATION |
| Belfield Bros.Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Depreciation is not charged on improvements to property as it is the company's policy to maintain such property in good condition that any depreciation involved would not be material. Costs of repairs and maintenance are charged against revenue in the period in which they are incurred. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| Belfield Bros.Limited (Registered number: 01057514) |
| Notes to the Financial Statements - continued |
| for the Year Ended 1 April 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 2 April 2024 |
| Additions |
| Disposals |
| At 1 April 2025 |
| DEPRECIATION |
| At 2 April 2024 |
| Charge for year |
| Eliminated on disposal |
| At 1 April 2025 |
| NET BOOK VALUE |
| At 1 April 2025 |
| At 1 April 2024 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 2 April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 1 April 2025 |
| DEPRECIATION |
| At 2 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 1 April 2025 |
| NET BOOK VALUE |
| At 1 April 2025 |
| At 1 April 2024 |
| Belfield Bros.Limited (Registered number: 01057514) |
| Notes to the Financial Statements - continued |
| for the Year Ended 1 April 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by associates |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |