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

REGISTERED NUMBER: 04977793 (England and Wales)

Financial Statements

for the Year Ended 31 May 2018

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

50,600

55,200

Tangible assets

5

33,677

43,623

84,277

98,823

CURRENT ASSETS

Debtors

6

76,275

39,990

Cash at bank

6,269

23,686

82,544

63,676

CREDITORS

Amounts falling due within one year

7

16,015

12,309

NET CURRENT ASSETS

66,529

51,367

TOTAL ASSETS LESS CURRENT LIABILITIES

150,806

150,190

CREDITORS

Amounts falling due after more than one year

8

(16,932

)

(25,412

)

PROVISIONS FOR LIABILITIES

(6,648

)

(8,618

)

NET ASSETS

127,226

116,160

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

127,126

116,060

SHAREHOLDERS' FUNDS

127,226

116,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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.

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 14 September 2018 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 the provisions of Section 1A "Small Entities" of 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.

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

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.

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 7 (2017 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2017

and 31 May 2018

115,000

AMORTISATION

At 1 June 2017

59,800

Charge for year

4,600

At 31 May 2018

64,400

NET BOOK VALUE

At 31 May 2018

50,600

At 31 May 2017

55,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2017

129,255

Additions

1,280

At 31 May 2018

130,535

DEPRECIATION

At 1 June 2017

85,632

Charge for year

11,226

At 31 May 2018

96,858

NET BOOK VALUE

At 31 May 2018

33,677

At 31 May 2017

43,623

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

47,591

39,990

Other debtors

28,684

-

76,275

39,990

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

11,571

2,021

Taxation and social security

4,444

10,270

Other creditors

-

18

16,015

12,309

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.18

31.5.17

£

£

Hire purchase contracts

16,932

25,412