Bell Roofing & Property Contractor Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC575954 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2021

for

Bell Roofing & Property Contractor Ltd

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Kershaw

Mrs I Kershaw

REGISTERED OFFICE:

5 Redwood Crescent

East Kilbride

Glasgow

G74 5PA

REGISTERED NUMBER:

SC575954 (Scotland)

ACCOUNTANTS:

McGregor Accountancy (Scotland) Ltd

8 Tom McCabe Gardens

Hamilton

ML3 6LW

FIXED ASSETS

Tangible assets

4

9,383

4,026

CURRENT ASSETS

Stocks

2,950

2,500

Debtors

5

72,257

49,943

Cash at bank and in hand

124,704

109,728

199,911

162,171

CREDITORS

Amounts falling due within one year

6

82,422

77,289

NET CURRENT ASSETS

117,489

84,882

TOTAL ASSETS LESS CURRENT LIABILITIES

126,872

88,908

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

126,772

88,808

SHAREHOLDERS' FUNDS

126,872

88,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 20 June 2022 and were signed on its behalf by:

L Kershaw - Director

Mrs I Kershaw - Director

1.	STATUTORY INFORMATION

Bell Roofing & Property Contractor Ltd Ltd is a private company, limited by shares , registered in Scotland. 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.

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.

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 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2020

6,995

-

274

7,269

Additions

-

7,600

1,098

8,698

At 30 September 2021

6,995

7,600

1,372

15,967

DEPRECIATION

At 1 October 2020

3,060

-

183

3,243

Charge for year

984

1,900

457

3,341

At 30 September 2021

4,044

1,900

640

6,584

NET BOOK VALUE

At 30 September 2021

2,951

5,700

732

9,383

At 30 September 2020

3,935

-

91

4,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

41,930

38,531

Other debtors

30,327

11,412

72,257

49,943

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans and overdrafts

30,000

30,000

Hire purchase contracts

1,369

701

Taxation and social security

44,230

44,687

Other creditors

6,823

1,901

82,422

77,289

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.21

30.9.20

value:

£

£

100

Ordinary

£1

100

100