Belmark Consultancy Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08460885 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

BELMARK CONSULTANCY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Musgrave

Mrs B J Musgrave

SECRETARY:

REGISTERED OFFICE:

15

Hotham Road

London

SW15 1QL

REGISTERED NUMBER:

08460885 (England and Wales)

ACCOUNTANTS:

TaxAgility Accountants Ltd

Chartered Accountants

34 Lower Richmond Road

Putney

London

SW15 1JP

FIXED ASSETS

Tangible assets

4

2,193

CURRENT ASSETS

Debtors

5

45,257

Investments

6

11,161

Cash at bank

1,790

58,208

CREDITORS

Amounts falling due within one year

7

(20,894

)

NET CURRENT ASSETS

37,314

TOTAL ASSETS LESS CURRENT LIABILITIES

39,507

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

39,407

39,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 25 June 2021 and were signed on its behalf by:

Mr M J Musgrave - Director

1.	STATUTORY INFORMATION

Belmark Consultancy Services 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 NIL.

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2020

1,662

1,358

3,020

Additions

-

666

666

At 31 March 2021

1,662

2,024

3,686

DEPRECIATION

At 1 April 2020

172

585

757

Charge for year

416

320

736

At 31 March 2021

588

905

1,493

NET BOOK VALUE

At 31 March 2021

1,074

1,119

2,193

At 31 March 2020

1,490

773

2,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

31,500

Other debtors

13,757

45,257

6.	CURRENT ASSET INVESTMENTS

£

Listed investments

11,161

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

302

Taxation and social security

20,592

20,894

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2021:

£

Mr M J Musgrave

Balance outstanding at start of year

(1,171

)

Amounts advanced

14,928

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

13,757

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s remuneration as well as dividends.

The loan is unsecured, interest free and no repayment terms have been agreed.