T Belcher Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04977793 (England and Wales)

Financial Statements

for the Year Ended 31 May 2019

for

T Belcher Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T Belcher

Mrs K S Belcher

SECRETARY:

REGISTERED OFFICE:

94 Aysgarth Rise

Bridlington

East Yorkshire

YO16 7HU

REGISTERED NUMBER:

04977793 (England and Wales)

ACCOUNTANTS:

JR Zealand & Company

Chartered Tax Advisers

Bridlington Business Centre

Enterprise Way

Bridlington

Yorkshire

YO16 4SF

FIXED ASSETS

Intangible assets

4

46,000

50,600

Tangible assets

5

45,111

33,677

91,111

84,277

CURRENT ASSETS

Debtors

6

65,018

76,275

Cash at bank

-

6,269

65,018

82,544

CREDITORS

Amounts falling due within one year

7

19,632

16,015

NET CURRENT ASSETS

45,386

66,529

TOTAL ASSETS LESS CURRENT LIABILITIES

136,497

150,806

CREDITORS

Amounts falling due after more than one year

8

(36,444

)

(16,932

)

PROVISIONS FOR LIABILITIES

(6,648

)

(6,648

)

NET ASSETS

93,405

127,226

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

93,305

127,126

SHAREHOLDERS' FUNDS

93,405

127,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 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 on 24 September 2019 and were signed on its behalf by:

Mr T Belcher - Director

1.	STATUTORY INFORMATION

T Belcher 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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 etc

-

25% on reducing balance

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.

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 (2018 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2018

and 31 May 2019

115,000

AMORTISATION

At 1 June 2018

64,400

Charge for year

4,600

At 31 May 2019

69,000

NET BOOK VALUE

At 31 May 2019

46,000

At 31 May 2018

50,600

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2018

130,535

Additions

36,868

Disposals

(27,635

)

At 31 May 2019

139,768

DEPRECIATION

At 1 June 2018

96,858

Charge for year

15,150

Eliminated on disposal

(17,351

)

At 31 May 2019

94,657

NET BOOK VALUE

At 31 May 2019

45,111

At 31 May 2018

33,677

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Trade debtors

36,784

47,591

Other debtors

28,234

28,684

65,018

76,275

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Bank loans and overdrafts

6,329

-

Trade creditors

15,791

11,571

Taxation and social security

(2,488

)

4,444

19,632

16,015

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.19

31.5.18

£

£

Hire purchase contracts

36,444

16,932