The Belton Cleaning Company Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

The Belton Cleaning Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06304750 . The registered office is 11 Dudley Road, Grantham, NG31 9AA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	50% Straight Line on cost
Motor Vehicles	50% Straight Line on cost
Fixtures & Fittings	50% Straight Line on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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The Belton Cleaning Company Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Prior Period Adjustment

During the year, historical accounting errors were identified within the company's Sage 50 accounting records relating to earlier accounting periods. These included duplicate year-end journal postings and inconsistencies arising following the restoration of accounting data from backup and the subsequent manual re-entry of transactions.

A number of adjustments were made during the year to correct the accounting records and reconcile the opening balances to the signed financial statements for the year ended 30 November 2024. These adjustments relate to errors originating in prior accounting periods and have been made to ensure that the balances brought forward into the current accounting period are appropriately stated.

The company migrated its bookkeeping system to Xero with effect from 1 December 2025 following completion of the year-end reconciliation and correction process.

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost or Valuation
As at 1 December 2024	10,982	45,583	1,317	57,882

As at 30 November 2025	10,982	45,583	1,317	57,882

Depreciation
As at 1 December 2024	10,982	36,671	1,317	48,970
Provided during the period	-	8,912	-	8,912

As at 30 November 2025	10,982	45,583	1,317	57,882

Net Book Value
As at 30 November 2025	-	-	-	-

As at 1 December 2024	-	8,912	-	8,912

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,613	10,387
Prepayments and accrued income	44	3,730
Other debtors	17,800	-

	25,457	14,117

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The Belton Cleaning Company Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,912	7,051
Trade creditors	6,674	11,655
Other creditors	1,935	2,139
Taxation and social security	28,827	31,221

	41,348	52,066

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,423	14,334

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,912	7,051
Later than one year and not later than five years	10,423	14,334

	14,335	21,385

	14,335	21,385

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Vincent William O'Sullivan	-	17,800	-	-	17,800

The above loan is unsecured, interest free and repayable on demand.

Dividends paid to directors

	2025	2024
	£	£
Mr Vincent William O'Sullivan	50,987	-
Mrs Shelley O'Sullivan	12,747	-

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The Belton Cleaning Company Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

12. Exceptional Items

The exceptional item of £2,084 represents the net residual adjustment arising from the correction and reconciliation of historical accounting errors identified in the company's accounting records. Further details of the circumstances giving rise to these corrections are provided in the Prior Period Adjustment note.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		-		8,912

			-		8,912
CURRENT ASSETS
Debtors	6	25,457		14,117
Cash at bank and in hand		29,223		47,443

		54,680		61,560
Creditors: Amounts Falling Due Within One Year	7	(41,348 )		(52,066 )

NET CURRENT ASSETS (LIABILITIES)			13,332		9,494

TOTAL ASSETS LESS CURRENT LIABILITIES			13,332		18,406

Creditors: Amounts Falling Due After More Than One Year	8		(10,423 )		(14,334 )

NET ASSETS			2,909		4,072

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			2,809		3,972

SHAREHOLDERS' FUNDS			2,909		4,072