Otis & Belle Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12736228 (England and Wales)

Unaudited Financial Statements

for the Period 1 August 2025 to 31 December 2025

for

Otis & Belle Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W R Alexander

REGISTERED OFFICE:

Kenton House

Oxford Street

Moreton-in-Marsh

GL56 0LA

REGISTERED NUMBER:

12736228 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Tangible assets

4

118,237

127,699

Investments

5

100

118,337

127,799

CURRENT ASSETS

Stocks

4,317

4,522

Debtors

6

440,450

326,877

Cash at bank and in hand

18,207

13,863

462,974

345,262

CREDITORS

Amounts falling due within one year

7

497,496

362,944

NET CURRENT LIABILITIES

(34,522

)

(17,682

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

83,815

110,117

CREDITORS

Amounts falling due after more than one
year

8

(53,090

)

(63,024

)

PROVISIONS FOR LIABILITIES

(30,344

)

(31,925

)

NET ASSETS

381

15,168

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

281

15,068

381

15,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2026 and were signed by:

W R Alexander - Director

1.	STATUTORY INFORMATION

Otis & Belle Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

in accordance with the property

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 period was 53 (2025 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 August 2025

10,992

125,695

36,695

Additions

-

253

Disposals

-

(11,390

)

At 31 December 2025

10,992

125,695

25,558

DEPRECIATION

At 1 August 2025

10,992

27,981

27,701

Charge for period

-

4,071

688

Eliminated on disposal

-

(8,687

)

At 31 December 2025

10,992

32,052

19,702

NET BOOK VALUE

At 31 December 2025

-

93,643

5,856

At 31 July 2025

-

97,714

8,994

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 August 2025

46,226

2,367

221,975

Additions

-

253

Disposals

-

(11,390

)

At 31 December 2025

46,226

2,367

210,838

DEPRECIATION

At 1 August 2025

25,446

2,156

94,276

Charge for period

2,165

88

7,012

Eliminated on disposal

-

(8,687

)

At 31 December 2025

27,611

2,244

92,601

NET BOOK VALUE

At 31 December 2025

18,615

123

118,237

At 31 July 2025

20,780

211

127,699

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 August 2025

and 31 December 2025

78,602

33,962

112,564

DEPRECIATION

At 1 August 2025

11,577

17,530

29,107

Charge for period

2,793

1,712

4,505

At 31 December 2025

14,370

19,242

33,612

NET BOOK VALUE

At 31 December 2025

64,232

14,720

78,952

At 31 July 2025

67,025

16,432

83,457

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 August 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 July 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

£

Trade debtors

222

-

Other debtors

440,228

326,877

440,450

326,877

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

£

Hire purchase contracts (see note 9)

22,926

22,102

Trade creditors

13,638

9,225

Taxation and social security

22,008

20,380

Other creditors

438,924

311,237

497,496

362,944

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

£

Hire purchase contracts (see note 9)

53,090

63,024

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

£

Net obligations repayable:

Within one year

22,926

22,102

Between one and five years

53,090

63,024

76,016

85,126

Non-cancellable

operating leases

2025

£

Within one year

16,000

14,000

Between one and five years

57,600

56,000

73,600

70,000

10.	RELATED PARTY DISCLOSURES

During the period, total dividends of £18,000 (2025 - £53,000) were paid to the director .

Included within debtors is a director's current account in the sum of £4,548 (2025: £2,878 creditor). The account is unsecured, interest free and carries no fixed date of repayment.

Included within debtors: amounts falling due within one year is a loan provided to Otis & Belle Bakeries Limited a company in which the director has an interest, in the sum of £430,106 (2025: £310,422). The loan is unsecured, interest free and carries no fixed date of repayment.

Included within creditors: amounts falling due within one year is a loan provided by Otis & Belle Broadway Limited a company in which the director has an interest, in the sum of £246,449 (2025: £179,526). The loan is unsecured, interest free and carries no fixed date of repayment.

Also included within creditors: amounts falling due within one year is a loan provided to Otis & Belle Stow Limited a company in which the director has an interest, in the sum of £182,545 (2025: £14,282 debtor). The loan is unsecured, interest free and carries no fixed date of repayment.

Also included within creditors: amounts falling due within one year is a loan provided to OB Cheltenham Limited a company in which the director has an interest, in the sum of £6,134 (2025: £nil). The loan is unsecured, interest free and carries no fixed date of repayment.