IRIS Accounts Production v23.3.0.418 03434815 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure034348152022-02-28034348152023-02-28034348152022-03-012023-02-28034348152021-02-28034348152021-03-012022-02-28034348152022-02-2803434815ns16:EnglandWales2022-03-012023-02-2803434815ns15:PoundSterling2022-03-012023-02-2803434815ns11:Director12022-03-012023-02-2803434815ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2803434815ns11:SmallEntities2022-03-012023-02-2803434815ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2803434815ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2803434815ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2803434815ns11:FullAccounts2022-03-012023-02-2803434815ns11:Director22022-03-012023-02-2803434815ns11:CompanySecretary12022-03-012023-02-2803434815ns11:RegisteredOffice2022-03-012023-02-2803434815ns6:CurrentFinancialInstruments2023-02-2803434815ns6:CurrentFinancialInstruments2022-02-2803434815ns6:Non-currentFinancialInstruments2023-02-2803434815ns6:Non-currentFinancialInstruments2022-02-2803434815ns6:ShareCapital2023-02-2803434815ns6:ShareCapital2022-02-2803434815ns6:RevaluationReserve2023-02-2803434815ns6:RevaluationReserve2022-02-2803434815ns6:CapitalRedemptionReserve2023-02-2803434815ns6:CapitalRedemptionReserve2022-02-2803434815ns6:RetainedEarningsAccumulatedLosses2023-02-2803434815ns6:RetainedEarningsAccumulatedLosses2022-02-2803434815ns6:PlantMachinery2022-03-012023-02-2803434815ns6:PlantMachinery2023-02-2803434815ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2803434815ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2803434815ns6:RevaluationReserve2022-02-28
REGISTERED NUMBER: 03434815 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

BELGRADE HOLDINGS LIMITED

BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELGRADE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: D F Soul
D J Soul





SECRETARY: M F Soul





REGISTERED OFFICE: The Belgrade Centre
Denington Road
Wellingborough
Northamptonshire
NN8 2QH





REGISTERED NUMBER: 03434815 (England and Wales)





ACCOUNTANTS: React Business Services
City Pavilion, Cannon Green
27 Bush Lane
London
EC4R 0AA

BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,832 -
Investment property 5 2,750,000 2,750,000
2,752,832 2,750,000

CURRENT ASSETS
Debtors 6 38,675 33,058
Cash at bank 47,217 80,672
85,892 113,730
CREDITORS
Amounts falling due within one year 7 225,970 185,417
NET CURRENT LIABILITIES (140,078 ) (71,687 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,612,754

2,678,313

CREDITORS
Amounts falling due after more than one
year

8

(187,283

)

(137,125

)

PROVISIONS FOR LIABILITIES (90,389 ) (90,389 )
NET ASSETS 2,335,082 2,450,799

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 1,085,238 1,085,238
Capital redemption reserve 100 100
Retained earnings 1,249,644 1,365,361
2,335,082 2,450,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 28 November 2023 and were signed on its behalf by:





D J Soul - Director


BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Belgrade Holdings 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 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.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 3 (2022 - 4 ) .

BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,485
At 28 February 2023 3,485
DEPRECIATION
Charge for year 653
At 28 February 2023 653
NET BOOK VALUE
At 28 February 2023 2,832

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 2,750,000
NET BOOK VALUE
At 28 February 2023 2,750,000
At 28 February 2022 2,750,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 38,675 7,644
Other debtors - 25,414
38,675 33,058

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 6,917 16,029
Taxation and social security 50,086 1,670
Other creditors 168,967 167,718
225,970 185,417

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Amounts owed to group undertakings 187,283 137,125

BELGRADE HOLDINGS LIMITED (REGISTERED NUMBER: 03434815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

9. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 1,085,238

10. RELATED PARTY DISCLOSURES

Belgrade Investments Limited is company's parent undertaking. At the reporting date the company owed Belgrade Investment Limited £19,107 (2022: £19,107) No amounts have been written off in the year and no interest was charged.

At the reporting date the company owes Scoperight Ltd £168,176. Dividends of £240,000 were paid to Scoperight Ltd in the reporting period. Scoperight ltd is the ultimate controlling party.

11. ULTIMATE CONTROLLING PARTY

Belgrade Holdings Limited is a 100% subsidiary undertaking of Belgrade Investments Ltd which is registered in England and Wales and whose registered office address is The Belgrade Centre, Dennington Road, Wellingborough, Northants, NN8 2QH

Belgrade Investments Ltd is owned 100% by Scoperight Ltd, a company registered in England and Wales. The registered office of Scoperight Limited is Olney House. High Street, Olney, Bucks, MK46 4EB