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REGISTERED NUMBER: 00634506 (England and Wales)










Unaudited Financial Statements

for the Year Ended 5 April 2023

for

Bellton Properties Limited

Bellton Properties Limited (Registered number: 00634506)






Contents of the Financial Statements
for the Year Ended 5 April 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Bellton Properties Limited

Company Information
for the Year Ended 5 April 2023







DIRECTOR: Mrs B C Richley





REGISTERED OFFICE: The Homestead
Turlow Fields
Hognaston
Ashbourne
Derbyshire
DE6 1PW





REGISTERED NUMBER: 00634506 (England and Wales)





ACCOUNTANTS: M.J.Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
DE21 6BF

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Bellton Properties Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bellton Properties Limited for the year ended 5 April 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Bellton Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bellton Properties Limited and state those matters that we have agreed to state to the director of Bellton Properties Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bellton Properties Limited and its director for our work or for this report.

It is your duty to ensure that Bellton Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bellton Properties Limited. You consider that Bellton Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bellton Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






M.J.Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
DE21 6BF


10 October 2023

Bellton Properties Limited (Registered number: 00634506)

Statement of Financial Position
5 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 463 675
Financial assets 5 141,985 158,529
Investment property 6 1,110,000 1,110,000
1,252,448 1,269,204

CURRENT ASSETS
Prepayments and accrued income 468 449
Cash at bank 36,709 26,825
37,177 27,274
CREDITORS
Amounts falling due within one year 7 37,380 41,579
NET CURRENT LIABILITIES (203 ) (14,305 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,252,245 1,254,899

PROVISIONS FOR LIABILITIES (188,883 ) (188,939 )

ACCRUALS AND DEFERRED INCOME (2,304 ) (2,220 )
NET ASSETS 1,061,058 1,063,740

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 8 523,419 700,146
Retained earnings 527,639 353,594
SHAREHOLDERS' FUNDS 1,061,058 1,063,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 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 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 director and authorised for issue on 10 October 2023 and were signed by:





Mrs B C Richley - Director


Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements
for the Year Ended 5 April 2023

1. STATUTORY INFORMATION

Bellton Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Rental income arising from operating leases on investment properties is accounted for on a straight line basis over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & equipment - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Investment property and financial assets
Investment property and financial assets are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property or financial asset is sold after taking into account indexation allowances. A transfer between the profit and loss account and the fair value reserve is made regarding these net gains.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Furniture and Computer
& equipment fittings equipment Totals
£    £    £    £   
COST
At 6 April 2022
and 5 April 2023 73 450 1,478 2,001
DEPRECIATION
At 6 April 2022 73 326 927 1,326
Charge for year - 31 181 212
At 5 April 2023 73 357 1,108 1,538
NET BOOK VALUE
At 5 April 2023 - 93 370 463
At 5 April 2022 - 124 551 675

5. FINANCIAL ASSETS
Other
investments
£   
COST OR VALUATION
At 6 April 2022 158,529
Additions 39,675
Disposals (49,962 )
Revaluations (6,257 )
At 5 April 2023 141,985
NET BOOK VALUE
At 5 April 2023 141,985
At 5 April 2022 158,529

Cost or valuation at 5 April 2023 is represented by:

Other
investments
£   
Valuation in 2021 12,724
Valuation in 2022 3,096
Valuation in 2023 (6,257 )
Cost 132,422
141,985

If the Listed investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 132,422 147,870

Listed investments were valued on an open market basis on 5 April 2023 by Smith & Williamson .

Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2022
and 5 April 2023 1,110,000
NET BOOK VALUE
At 5 April 2023 1,110,000
At 5 April 2022 1,110,000

Fair value at 5 April 2023 is represented by:
£   
Valuation in 2021 642,302
Valuation in 2022 70,000
Cost 397,698
1,110,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 397,698 397,698
Aggregate depreciation (112,585 ) (104,631 )

Investment properties were valued on an open market basis on 5 April 2023 by the director .

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3,246 8,598
Other creditors 34,134 32,981
37,380 41,579

8. RESERVES
Fair
value
reserve
£   
At 6 April 2022 700,146
Transfers (176,727 )

At 5 April 2023 523,419