Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-01-01falseNo description of principal activity11false 09448452 2022-01-01 2022-12-31 09448452 2021-01-01 2021-12-31 09448452 2022-12-31 09448452 2021-12-31 09448452 c:Director1 2022-01-01 2022-12-31 09448452 d:CurrentFinancialInstruments 2022-12-31 09448452 d:CurrentFinancialInstruments 2021-12-31 09448452 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09448452 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09448452 d:ShareCapital 2022-12-31 09448452 d:ShareCapital 2021-12-31 09448452 d:RetainedEarningsAccumulatedLosses 2022-12-31 09448452 d:RetainedEarningsAccumulatedLosses 2021-12-31 09448452 c:FRS102 2022-01-01 2022-12-31 09448452 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09448452 c:FullAccounts 2022-01-01 2022-12-31 09448452 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09448452 6 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 09448452









BELLVIEW FINANCIAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
BELLVIEW FINANCIAL LIMITED
REGISTERED NUMBER: 09448452

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note

Fixed assets
  

Investments
 4 
990,993
785,716

Creditors: amounts falling due within one year
 5 
(1,261,667)
(1,259,559)

Net current liabilities
  
 
 
(1,261,667)
 
 
(1,259,559)

Net liabilities
  
(270,674)
(473,843)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(270,675)
(473,844)

  
(270,674)
(473,843)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 March 2024.




Sanjay Shah
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BELLVIEW FINANCIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Bellview Financial Limited ("the Company") is a private company limited by shares, incorporated in England and Wales on 19 February 2015. Its registered office is C/O Meaby & Co Solicitors LLP, 25 Upper Brook Street, London, W1K 7QD.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

As part of the going concern review, the director has followed the guidelines published by the Financial Reporting Council entitled "Going Concern and Liquidity Risk Guidance for UK Companies 2009". The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the director considers that the going concern basis of accounting remains appropriate.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euros.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
BELLVIEW FINANCIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2021 - 1).

Page 3

 
BELLVIEW FINANCIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Fixed asset investments





Other fixed asset investments

    €       



Cost or valuation


At 1 January 2022
785,716


Revaluations
205,277



At 31 December 2022
990,993





5.


Creditors: Amounts falling due within one year

2022
2021

Trade creditors
4,338
4,575

Other creditors
1,252,897
1,252,897

Accruals and deferred income
4,432
2,087

1,261,667
1,259,559


 
Page 4