Relate AccountsProduction v2.6.1 v2.6.1 2020-09-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continued to be that of property investment. 18 August 2022 6 7 04360153 2021-08-31 04360153 2020-08-31 04360153 2019-08-31 04360153 2020-09-01 2021-08-31 04360153 2019-09-01 2020-08-31 04360153 uk-bus:PrivateLimitedCompanyLtd 2020-09-01 2021-08-31 04360153 uk-bus:AbridgedAccounts 2020-09-01 2021-08-31 04360153 uk-core:ShareCapital 2021-08-31 04360153 uk-core:ShareCapital 2020-08-31 04360153 uk-core:OtherReservesSubtotal 2021-08-31 04360153 uk-core:OtherReservesSubtotal 2020-08-31 04360153 uk-core:RetainedEarningsAccumulatedLosses 2021-08-31 04360153 uk-core:RetainedEarningsAccumulatedLosses 2020-08-31 04360153 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-08-31 04360153 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2020-08-31 04360153 uk-bus:FRS102 2020-09-01 2021-08-31 04360153 uk-core:FurnitureFittingsToolsEquipment 2020-09-01 2021-08-31 04360153 uk-core:MotorVehicles 2020-09-01 2021-08-31 04360153 2020-09-01 2021-08-31 04360153 uk-bus:Director1 2020-09-01 2021-08-31 04360153 uk-bus:AuditExempt-NoAccountantsReport 2020-09-01 2021-08-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 04360153
 
 
Bellvue Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 August 2021
Bellvue Limited
Company Registration Number: 04360153
ABRIDGED BALANCE SHEET
as at 31 August 2021

2021 2020
Notes £ £
 
Fixed Assets
Tangible assets 4 4,018,718 4,019,751
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Current Assets
Debtors 1,101,117 980,475
Cash and cash equivalents 508 224,716
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1,101,625 1,205,191
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Creditors: amounts falling due within one year (1,245,754) (1,349,793)
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Net Current Liabilities (144,129) (144,602)
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Total Assets less Current Liabilities 3,874,589 3,875,149
 
Creditors:
amounts falling due after more than one year (2,364,592) (2,364,176)
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Net Assets 1,509,997 1,510,973
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Capital and Reserves
Called up share capital 100 100
Other reserves 1,449,818 1,449,818
Retained earnings 60,079 61,055
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Equity attributable to owners of the company 1,509,997 1,510,973
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 18 August 2022 and signed on its behalf by
           
           
________________________________          
Mr A Gershon          
Director          
           



Bellvue Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 August 2021

   
1. General Information
 
Bellvue Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 04360153. The registered office of the company is Handel House, 95 High Street, Edgware    HA8 7DB. The principal activity of the company continued to be that of property investment. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 August 2021 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% on written down value
  Motor vehicles - 25% straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Leasing
Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
       
3. Employees
 
  2021 2020
  Number Number
 
Admin 6 7
  ═════════ ═════════
           
4. Tangible assets
  Investment Fixtures, Motor Total
  properties fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 September 2020 4,015,471 29,275 13,992 4,058,738
  ───────── ───────── ───────── ─────────
 
At 31 August 2021 4,015,471 29,275 13,992 4,058,738
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Depreciation
At 1 September 2020 - 25,140 13,847 38,987
Charge for the financial year - 1,033 - 1,033
  ───────── ───────── ───────── ─────────
At 31 August 2021 - 26,173 13,847 40,020
  ───────── ───────── ───────── ─────────
Net book value
At 31 August 2021 4,015,471 3,102 145 4,018,718
  ═════════ ═════════ ═════════ ═════════
At 31 August 2020 4,015,471 4,135 145 4,019,751
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