Bell Hill Properties Limited - Accounts to registrar - small 16.1.1

Bell Hill Properties Limited - Accounts to registrar - small 16.1.1


IRIS Accounts Productionv16.2.1.59403906504Board of DirectorsBoard of Directors1.2.1531.1.1631.1.16falsetruefalsefalsetruetruetruetruefalseFair value modelOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure039065042015-01-31039065042016-01-31039065042015-02-012016-01-31039065042014-01-31039065042014-02-012015-01-31039065042015-01-3103906504ns15:EnglandWales2015-02-012016-01-3103906504ns14:PoundSterling2015-02-012016-01-3103906504ns10:Director12015-02-012016-01-3103906504ns10:Director22015-02-012016-01-3103906504ns10:PrivateLimitedCompanyLtd2015-02-012016-01-3103906504ns10:FRS1022015-02-012016-01-3103906504ns10:AuditExempt-NoAccountantsReport2015-02-012016-01-3103906504ns10:SmallCompaniesRegimeForDirectorsReport2015-02-012016-01-3103906504ns10:SmallCompaniesRegimeForAccounts2015-02-012016-01-3103906504ns10:FullAccounts2015-02-012016-01-3103906504ns10:OrdinaryShareClass12015-02-012016-01-3103906504ns10:CompanySecretary12015-02-012016-01-3103906504ns10:RegisteredOffice2015-02-012016-01-3103906504ns5:CurrentFinancialInstruments2016-01-3103906504ns5:CurrentFinancialInstruments2015-01-3103906504ns5:Non-currentFinancialInstruments2016-01-3103906504ns5:Non-currentFinancialInstruments2015-01-3103906504ns5:ShareCapital2016-01-3103906504ns5:ShareCapital2015-01-3103906504ns5:RevaluationReserve2016-01-3103906504ns5:RevaluationReserve2015-01-3103906504ns5:RetainedEarningsAccumulatedLosses2016-01-3103906504ns5:RetainedEarningsAccumulatedLosses2015-01-3103906504ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-3103906504ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-01-3103906504ns5:BetweenTwoFiveYearsns5:Non-currentFinancialInstruments2016-01-3103906504ns5:BetweenTwoFiveYearsns5:Non-currentFinancialInstruments2015-01-3103906504ns5:Secured2016-01-3103906504ns5:Secured2015-01-3103906504ns5:DeferredTaxation2015-01-3103906504ns5:DeferredTaxation2016-01-3103906504ns10:OrdinaryShareClass12016-01-3103906504ns5:RetainedEarningsAccumulatedLosses2015-01-3103906504ns5:RevaluationReserve2015-01-3103906504ns5:RetainedEarningsAccumulatedLosses2015-02-012016-01-31
REGISTERED NUMBER: 03906504(England and Wales)







Unaudited Financial Statements

for the Year Ended 31 January 2016

for

Bell Hill Properties Limited

Bell Hill Properties Limited (Registered number: 03906504)






Contents of the Financial Statements
for the Year Ended 31 January 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Bell Hill Properties Limited

Company Information
for the Year Ended 31 January 2016







DIRECTORS: D R Hillier
P J Hillier





SECRETARY: M A Pearce





REGISTERED OFFICE: 140 Bell Hill Road
St George
Bristol
BS5 7NF





REGISTERED NUMBER: 03906504(England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Bell Hill Properties Limited (Registered number: 03906504)

Statement of Financial Position
31 January 2016

31.1.16 31.1.15
Notes £    £    £    £   
FIXED ASSETS
Investment property 2 881,518 875,977

CURRENT ASSETS
Cash at bank 2,893 616

CREDITORS
Amounts falling due within one year 3 38,341 9,909
NET CURRENT LIABILITIES (35,448 ) (9,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

846,070

866,684

CREDITORS
Amounts falling due after more than one
year

4

(341,630

)

(365,000

)

PROVISIONS FOR LIABILITIES 7 (94,312 ) (94,312 )
NET ASSETS 410,128 407,372

Bell Hill Properties Limited (Registered number: 03906504)

Statement of Financial Position - continued
31 January 2016

31.1.16 31.1.15
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 90 90
Revaluation reserve 9 377,249 377,249
Retained earnings 9 32,789 30,033
SHAREHOLDERS' FUNDS 410,128 407,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 10 October 2016and were signed on its
behalf by:




D R Hillier- Director



P J Hillier- Director


Bell Hill Properties Limited (Registered number: 03906504)

Notes to the Financial Statements
for the Year Ended 31 January 2016

1. 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis which has assumed the
continued support of the company's bankers.

Financial reporting standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial
statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows;
the requirement of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A;
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29;
the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and
26.23;
the requirement of Section 33 Related Party Disclosures paragraph 33.7.

Investment property
Investment properties are recorded at valuation.No depreciation is provided on freehold properties as
such assets are not held for consumption, but as investments, and the properties are well maintained
and externally valued on a regular open market basis.

Any surplus or deficit arising on revaluing investment properties is recognised in the revaluation
reserve. Disposals are recognised on completion. Profits and losses arising are recognised through the
profit and loss account; the profit on disposal is determined as the difference between the sales
proceeds and the carrying amount of the asset at the commencement of the accounting period plus
additions in the period.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position date.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.


Bell Hill Properties Limited (Registered number: 03906504)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2016

2. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2015 875,977
Additions 5,541
At 31 January 2016 881,518
NET BOOK VALUE
At 31 January 2016 881,518
At 31 January 2015 875,977

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.16 31.1.15
£    £   
Bank loans and overdrafts (see note 5) 12,423 -
Trade creditors 16,200 -
Taxation and social security 689 520
Other creditors 9,029 9,389
38,341 9,909

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.16 31.1.15
£    £   
Bank loans (see note 5) 341,630 365,000

5. LOANS

An analysis of the maturity of loans is given below:

31.1.16 31.1.15
£    £   
Amounts falling due within one year or on demand:
Bank loans 12,423 -

Amounts falling due between two and five years:
Bank loans - 2-5 years 56,512 -

Bell Hill Properties Limited (Registered number: 03906504)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2016

5. LOANS - continued
31.1.16 31.1.15
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 285,118 365,000

6. SECURED DEBTS

The following secured debts are included within creditors:

31.1.16 31.1.15
£    £   
Bank loans 354,053 365,000

The bank loan is secured by a mortgage on the company's freehold property.

7. PROVISIONS FOR LIABILITIES
31.1.16 31.1.15
£    £   
Deferred tax 94,312 94,312

Deferred
tax
£   
Balance at 1 February 2015 94,312
Balance at 31 January 2016 94,312

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.16 31.1.15
value: £    £   
90 Ordinary 1 90 90

Bell Hill Properties Limited (Registered number: 03906504)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2016

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 February 2015 30,033 377,249 407,282
Profit for the year 2,756 2,756
At 31 January 2016 32,789 377,249 410,038


10. RELATED PARTY DISCLOSURES

The company was under the joint control of Mr D R Hillier, Mr P J Hillier and Mr M A Pearce throughout
the year.

During the year, Hilliers Limited paid the company rent totalling £10,750 (2015 - £10,593) and Pearce
Hydraulics Limited paid rent totalling £6,438 (2015 - £9,000) . The rent was paid on a normal
commercial basis. No amounts were outstanding at the balance sheet date.

During the year, Hilliers Limited charged the company £16,199 (2015 - £nil) for repair works. At the
year end £16,199 (2015 - £nil) was outstanding.

D R Hillier
Director


2016 2015

Capital introduced - 8,200
Capital withdrawn 400 -

At the year end the company owed the director £8,728 (2015: £9,128) in respect of his directors loan
account.