Belton Homes Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09664645 (England and Wales)

Financial Statements

for the Year Ended 30 June 2018

for

Belton Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S V Jackson

C J Sharrocks

R M Cornes

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

BUSINESS ADDRESS:

8 Pride Point Drive

Pride Park

Derby

DE24 8BX

REGISTERED NUMBER:

09664645 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

CURRENT ASSETS

Stocks

616,568

791,269

Debtors

3

5,241

5,903

Cash at bank

163,349

50,780

785,158

847,952

CREDITORS

Amounts falling due within one year

4

642,578

850,877

NET CURRENT ASSETS/(LIABILITIES)

142,580

(2,925

)

TOTAL ASSETS LESS CURRENT LIABILITIES

142,580

(2,925

)

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

142,481

(3,024

)

SHAREHOLDERS' FUNDS

142,580

(2,925

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2018 and were signed on its behalf by:

S V Jackson - Director

1.	STATUTORY INFORMATION

Belton Homes Limited 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

5,241

5,903

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

4,047

215,082

Trade creditors

1,457

32,893

Tax

33,422

-

Due to stprojects Limited

125,967

125,967

Due to Charnwood Development

Services Limited

125,968

125,968

C J Sharrocks current account

349,967

349,967

Accrued expenses

1,750

1,000

642,578

850,877

5.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Bank loans

-

215,082

Bank loans are secured against the development project.