REGISTERED NUMBER: 04533635

Unaudited Financial Statements

for the Year Ended 31st January 2025

for

B W Belcher & Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B T Belcher

Mrs S M Belcher

SECRETARY:

B T Belcher

REGISTERED OFFICE:

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

REGISTERED NUMBER:

04533635

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,718

1,973

9,718

1,973

CURRENT ASSETS

Stocks

1,250

1,250

Debtors

6

77,435

68,520

Cash at bank and in hand

(1,333

)

931

77,352

70,701

CREDITORS

Amounts falling due within one year

7

70,354

65,648

NET CURRENT ASSETS

6,998

5,053

TOTAL ASSETS LESS CURRENT LIABILITIES

16,716

7,026

CREDITORS

Amounts falling due after more than one year

8

(10,310

)

(6,775

)

PROVISIONS FOR LIABILITIES

(1,838

)

(364

)

NET ASSETS/(LIABILITIES)

4,568

(113

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

4,564

(117

)

SHAREHOLDERS' FUNDS

4,568

(113

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th November 2025 and were signed on its behalf by:

B T Belcher - Director

1.	STATUTORY INFORMATION

B W Belcher & Son Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises the value of sales ( excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Revenue is recognised when goods are delivered and hence is the point at which risk and rewards of ownership pass to the buyer. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 year 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 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 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 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2024

and 31st January 2025

90,000

AMORTISATION

At 1st February 2024

and 31st January 2025

90,000

NET BOOK VALUE

At 31st January 2025

-

At 31st January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

1,153

956

24,055

5,403

31,567

Additions

-

-

10,589

-

10,589

At 31st January 2025

1,153

956

34,644

5,403

42,156

DEPRECIATION

At 1st February 2024

1,080

876

22,594

5,044

29,594

Charge for year

11

13

2,578

242

2,844

At 31st January 2025

1,091

889

25,172

5,286

32,438

NET BOOK VALUE

At 31st January 2025

62

67

9,472

117

9,718

At 31st January 2024

73

80

1,461

359

1,973

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

22,687

16,331

Other debtors

54,748

52,189

77,435

68,520

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,934

12,473

Trade creditors

13,034

23,924

Taxation and social security

27,282

21,118

Other creditors

7,104

8,133

70,354

65,648

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,310

6,775

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

2025

2024

£

£

B T Belcher

Balance outstanding at start of year

19,140

16,890

Amounts advanced

7,370

2,250

Amounts repaid

(7,370

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,140

19,140

Mrs S M Belcher

Balance outstanding at start of year

19,140

16,890

Amounts advanced

7,370

2,250

Amounts repaid

(7,370

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,140

19,140

During the financial year interest of £930 (2024 - £779) at a rate of 2.25% (2024 - 2% and 2.25%) has been paid to the company in respect of these advances. There are no fixed terms for repayment.