REGISTERED NUMBER: 04977793 (England and Wales)

Financial Statements

for the Year Ended 31 May 2020

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

41,400

46,000

Tangible assets

5

33,831

45,111

75,231

91,111

CURRENT ASSETS

Debtors

6

32,242

65,018

Cash at bank

50,155

-

82,397

65,018

CREDITORS

Amounts falling due within one year

7

14,503

19,632

NET CURRENT ASSETS

67,894

45,386

TOTAL ASSETS LESS CURRENT LIABILITIES

143,125

136,497

CREDITORS

Amounts falling due after more than one year

8

(79,782

)

(36,444

)

PROVISIONS FOR LIABILITIES

(6,648

)

(6,648

)

NET ASSETS

56,695

93,405

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

56,595

93,305

SHAREHOLDERS' FUNDS

56,695

93,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2020 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 3 September 2020 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

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 (2019 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2019

and 31 May 2020

115,000

AMORTISATION

At 1 June 2019

69,000

Charge for year

4,600

At 31 May 2020

73,600

NET BOOK VALUE

At 31 May 2020

41,400

At 31 May 2019

46,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2019

and 31 May 2020

139,768

DEPRECIATION

At 1 June 2019

94,657

Charge for year

11,280

At 31 May 2020

105,937

NET BOOK VALUE

At 31 May 2020

33,831

At 31 May 2019

45,111

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.20

31.5.19

£

£

Trade debtors

12,799

36,784

Other debtors

19,443

28,234

32,242

65,018

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.20

31.5.19

£

£

Bank loans and overdrafts

-

6,329

Trade creditors

13,645

15,791

Taxation and social security

858

(2,488

)

14,503

19,632

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.20

31.5.19

£

£

Bank loans

50,000

-

Hire purchase contracts

29,782

36,444

79,782

36,444