Bell's Supermarkets Limited 31/03/2026 iXBRL

Company registration number: NI032174

Bell's Supermarkets Limited

Unaudited filleted financial statements

31 March 2026

Bell's Supermarkets Limited

Contents

Statement of financial position

Notes to the financial statements

Bell's Supermarkets Limited

Statement of financial position

31 March 2026

		31/03/26		30/09/24
	Note	£	£	£	£

Fixed assets
Tangible assets	5	-		14,059
		_______		_______
			-		14,059

Current assets
Debtors	6	88,789		87,404
Cash at bank and in hand		-		26,794
		_______		_______
		88,789		114,198
Creditors: amounts falling due
within one year	7	( 15,792)		( 96,914)
		_______		_______
Net current assets			72,997		17,284
			_______		_______
Total assets less current liabilities			72,997		31,343


Provisions for liabilities			-		( 3,515)

			_______		_______
Net assets			72,997		27,828
			_______		_______

Capital and reserves
Called up share capital	8		2		2
Profit and loss account			72,995		27,826
			_______		_______
Shareholders funds			72,997		27,828
			_______		_______

For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 01 June 2026 , and are signed on behalf of the board by:

Mrs Karen Bell Mr Philip Bell

Director Director

Company registration number: NI032174

Bell's Supermarkets Limited

Notes to the financial statements

Period ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in N. Ireland. The address of the registered office is 94 Mountsandel Road, Coleraine, BT52 1TA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

During the year, the directors changed the company's accounting reference date as they prepare to cease trading. As a result, the current financial statements cover the period from 1st October 2024 to 31st March 2026, being a period of 18 months, compared with the prior comparative year to 30th September 2024. Accordingly, the amounts presented in the financial statements, and related notes, are not fully comparable with those shown for the previous period.

Going concern

The company ceased to trade at the period end and the directors are in the process of liquidating the company.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	5 %	straight line
Plant and machinery	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the period amounted to Nil (2024: Nil).

5. Tangible assets

	Short leasehold property	Plant and machinery	Total
	£	£	£
Cost
At 1 October 2024	256,696	552,956	809,652
Disposals	( 256,696)	( 552,956)	( 809,652)
	_______	_______	_______
At 31 March 2026	-	-	-
	_______	_______	_______
Depreciation
At 1 October 2024	256,696	538,897	795,593
Disposals	( 256,696)	( 538,897)	( 795,593)
	_______	_______	_______
At 31 March 2026	-	-	-
	_______	_______	_______
Carrying amount
At 31 March 2026	-	-	-
	_______	_______	_______
At 30 September 2024	-	14,059	14,059
	_______	_______	_______

6. Debtors

	31/03/26	30/09/24
	£	£
Other debtors	88,789	87,404
	_______	_______

7. Creditors: amounts falling due within one year

	31/03/26	30/09/24
	£	£
Corporation tax	14,992	7,466
Other creditors	800	89,448
	_______	_______
	15,792	96,914
	_______	_______

8. Called up share capital

Issued, called up and fully paid

	31/03/26		30/09/24
	No	£	No	£
Ordinary shares of £ 1.00 each	2	2	2	2
	_______	_______	_______	_______

9. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Period ended 31/03/26
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Philip Bell	43,823	12,163	( 55,986)	-
	Mrs Karen Bell	43,581	12,159	( 55,740)	-
		_______	_______	_______	_______
		87,404	24,322	( 111,726)	-
		_______	_______	_______	_______

Year ended 30/09/24
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Philip Bell	22,374	21,449	-	43,823
	Mrs Karen Bell	22,138	21,443	-	43,581
		_______	_______	_______	_______
		44,512	42,892	-	87,404
		_______	_______	_______	_______

The above advances are repayable on demand. Interest is charged, at HMRC's official rate, on director's debit balances, when applicable.