Belle Financial Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05058156 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 March 2025

for

Belle Financial Services Limited

Page

Company Information

1

Income Statement

2

Balance Sheet

3

Statement of Changes in Equity

4

Notes to the Financial Statements

5

DIRECTOR:

R F Fairbairn

REGISTERED OFFICE:

Belle House

1 Church Lane

Eston

Middlesbrough

TS6 9DU

REGISTERED NUMBER:

05058156 (England and Wales)

ACCOUNTANTS:

APC Accountancy

Chartered Accountants

73 Gilkes Street

Middlesbrough

TS1 5EH

TURNOVER

238,407

164,401

Administrative expenses

152,342

99,416

OPERATING PROFIT

4

86,065

64,985

Interest receivable and similar income

620

-

PROFIT BEFORE TAXATION

86,685

64,985

Tax on profit

5

18,800

15,339

PROFIT FOR THE FINANCIAL YEAR

67,885

49,646

FIXED ASSETS

Tangible assets

6

2,153

392

CURRENT ASSETS

Debtors

7

72,000

76,346

Cash at bank

22,090

32,543

94,090

108,889

CREDITORS

Amounts falling due within one year

8

44,342

59,565

NET CURRENT ASSETS

49,748

49,324

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,901

49,716

CREDITORS

Amounts falling due after more than one
year

9

1,200

8,400

NET ASSETS

50,701

41,316

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

50,700

41,315

50,701

41,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 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.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:

R F Fairbairn - Director

Called up

share

Retained

Total

capital

earnings

equity

£

Balance at 31 March 2023

1

22,319

22,320

Changes in equity

Dividends

-

(30,650

)

(30,650

)

Total comprehensive income

-

49,646

Balance at 30 March 2024

1

41,315

41,316

Changes in equity

Dividends

-

(58,500

)

(58,500

)

Total comprehensive income

-

67,885

Balance at 30 March 2025

1

50,700

50,701

1.	STATUTORY INFORMATION

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

30.3.25

30.3.24

£

Depreciation - owned assets

573

664

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

30.3.25

30.3.24

£

Current tax:

UK corporation tax

18,800

13,647

(Over) / under provision - prior year

-

1,692

Tax on profit

18,800

15,339

UK corporation tax has been charged at 22.08% (2024 - 20.79%).

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 March 2024

1,331

Additions

2,334

At 30 March 2025

3,665

DEPRECIATION

At 31 March 2024

939

Charge for year

573

At 30 March 2025

1,512

NET BOOK VALUE

At 30 March 2025

2,153

At 30 March 2024

392

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Trade debtors

-

3,867

Loan

72,000

72,479

72,000

76,346

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Bank loans and overdrafts

7,200

Trade creditors

1,500

8,262

Taxation and social security

26,448

23,344

Other creditors

9,194

20,759

44,342

59,565

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.3.25

30.3.24

£

Bank loans

1,200

8,400

10.	RELATED PARTY DISCLOSURES

As at 30 March 2025 the company owed Mr R F Fairbairn £194 (2024: £1,94).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is R F Fairbairn.