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REGISTERED NUMBER: 11668450 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BELL STREET FREEHOLD LIMITED

BELL STREET FREEHOLD LIMITED (REGISTERED NUMBER: 11668450)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELL STREET FREEHOLD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Ms R C Gaylor
R P Rodway
Mrs F J Watts





REGISTERED OFFICE: 9 Lower Earley District Centre
Lower Earley
Reading
Berkshire
RG6 5SY





REGISTERED NUMBER: 11668450 (England and Wales)

BELL STREET FREEHOLD LIMITED (REGISTERED NUMBER: 11668450)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 600,000 600,000

CURRENT ASSETS
Debtors 5 9 9
Cash at bank 4,662 7,488
4,671 7,497
CREDITORS
Amounts falling due within one year 6 21,313 22,757
NET CURRENT LIABILITIES (16,642 ) (15,260 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

583,358

584,740

CREDITORS
Amounts falling due after more than one
year

7

(487,947

)

(495,030

)

PROVISIONS FOR LIABILITIES (7,449 ) (7,449 )
NET ASSETS 87,962 82,261

BELL STREET FREEHOLD LIMITED (REGISTERED NUMBER: 11668450)

BALANCE SHEET - continued
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 4 4
Revaluation reserve 31,758 31,758
Retained earnings 56,200 50,499
87,962 82,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 8 August 2024 and were signed on its behalf by:





Mrs F J Watts - Director


BELL STREET FREEHOLD LIMITED (REGISTERED NUMBER: 11668450)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Bell Street Freehold Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 11668450 and the registered office is 9 Lower Earley District Centre, Lower Earley, Reading, Berkshire, RG6 5SY.

The principal activity of the company is that of property rental.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

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
Turnover represents rent receivable, excluding value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation by directors on the open market. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

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.

BELL STREET FREEHOLD LIMITED (REGISTERED NUMBER: 11668450)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY

The investment property was revalued on an open market basis on 1 April 2022 by Haslams, Chartered Surveyors. The directors consider this to be the fair value at the balance sheet date.

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2022 31,758
Cost 568,242
600,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 9 9

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 18,919 18,400
Taxation and social security 1,336 3,397
Other creditors 1,058 960
21,313 22,757

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 401,699 415,381
Other creditors 86,248 79,649
487,947 495,030

Amounts falling due in more than five years:

Repayable by instalments
Bank loans > 5 years 295,320 311,918