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REGISTERED NUMBER: 07579491 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Bells Enterprises Ltd

Bells Enterprises Ltd (Registered number: 07579491)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bells Enterprises Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Ms J M Bell





REGISTERED OFFICE: Chislehurst Business Centre
1 Bromley Lane
Chislehurst
BR7 6LH





REGISTERED NUMBER: 07579491 (England and Wales)





ACCOUNTANTS: Bells Bookkeeping
Chislehurst Business Centre
1 Bromley Lane
Chislehurst
Kent
BR7 6LH

Bells Enterprises Ltd (Registered number: 07579491)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 170,000 -
Tangible assets 5 370,958 14,964
540,958 14,964

CURRENT ASSETS
Stocks 62,768 40,591
Debtors 6 296,304 113,685
Cash at bank and in hand 5,628 1,136
364,700 155,412
CREDITORS
Amounts falling due within one year 7 871,581 159,153
NET CURRENT LIABILITIES (506,881 ) (3,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,077

11,223

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,977 11,123
SHAREHOLDERS' FUNDS 34,077 11,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 11 September 2017 and were signed by:




Ms J M Bell - Director


Bells Enterprises Ltd (Registered number: 07579491)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Bells Enterprises 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 2017, is being amortised evenly over its estimated useful life of ten 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 cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016 2,000
Additions 170,000
At 31 March 2017 172,000
AMORTISATION
At 1 April 2016
and 31 March 2017 2,000
NET BOOK VALUE
At 31 March 2017 170,000
At 31 March 2016 -

Bells Enterprises Ltd (Registered number: 07579491)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2016 - 24,396 24,396
Additions 312,382 50,336 362,718
At 31 March 2017 312,382 74,732 387,114
DEPRECIATION
At 1 April 2016 - 9,432 9,432
Charge for year - 6,724 6,724
At 31 March 2017 - 16,156 16,156
NET BOOK VALUE
At 31 March 2017 312,382 58,576 370,958
At 31 March 2016 - 14,964 14,964

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 51,636 24,173
Other debtors 244,668 89,512
296,304 113,685

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Bank loans and overdrafts 46,764 22,530
Finance leases 102,009 -
Trade creditors 30,913 21,051
Taxation and social security 27,615 29,346
Other creditors 664,280 86,226
871,581 159,153

8. ULTIMATE CONTROLLING PARTY

The controlling party is Ms J M Bell.