Nicholas Belt (Estate Agency) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00832773 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

NICHOLAS BELT (ESTATE AGENCY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

FIXED ASSETS

Tangible assets

4

40,617

22,293

CURRENT ASSETS

Debtors

5

325,397

90,866

Cash at bank and in hand

119,697

191,909

445,094

282,775

CREDITORS

Amounts falling due within one year

6

142,254

78,490

NET CURRENT ASSETS

302,840

204,285

TOTAL ASSETS LESS CURRENT
LIABILITIES

343,457

226,578

PROVISIONS FOR LIABILITIES

3,345

2,879

NET ASSETS

340,112

223,699

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

340,012

223,599

SHAREHOLDERS' FUNDS

340,112

223,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 27 August 2026 and were signed on its behalf by:

H L Jewitt - Director

S Jewitt - Director

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 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

66,472

Additions

37,341

Disposals

(17,000

)

At 31 March 2026

86,813

DEPRECIATION

At 1 April 2025

44,179

Charge for year

8,060

Eliminated on disposal

(6,043

)

At 31 March 2026

46,196

NET BOOK VALUE

At 31 March 2026

40,617

At 31 March 2025

22,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

1,760

-

Amounts owed by associates

136,749

-

Other debtors

186,888

90,866

325,397

90,866

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

542

3,742

Taxation and social security

130,660

67,827

Other creditors

11,052

6,921

142,254

78,490

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

51

Ordinary A

£1

51

49

Ordinary B

£1

49

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

H L Jewitt and S Jewitt

Balance outstanding at start of year

66,669

85,964

Amounts advanced

145,899

104,757

Amounts repaid

(75,427

)

(124,052

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

137,141

66,669