Caseware UK (AP4) 2023.0.135 2023.0.135 2022-12-312022-12-311property development project management, coordination and consultancyfalse2022-01-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06370671 2022-01-01 2022-12-31 06370671 2021-01-01 2021-12-31 06370671 2022-12-31 06370671 2021-12-31 06370671 c:Director1 2022-01-01 2022-12-31 06370671 d:MotorVehicles 2022-01-01 2022-12-31 06370671 d:FurnitureFittings 2022-01-01 2022-12-31 06370671 d:FurnitureFittings 2022-12-31 06370671 d:FurnitureFittings 2021-12-31 06370671 d:OfficeEquipment 2022-01-01 2022-12-31 06370671 d:OfficeEquipment 2022-12-31 06370671 d:OfficeEquipment 2021-12-31 06370671 d:CurrentFinancialInstruments 2022-12-31 06370671 d:CurrentFinancialInstruments 2021-12-31 06370671 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06370671 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 06370671 d:ShareCapital 2022-12-31 06370671 d:ShareCapital 2021-12-31 06370671 d:RetainedEarningsAccumulatedLosses 2022-12-31 06370671 d:RetainedEarningsAccumulatedLosses 2021-12-31 06370671 c:OrdinaryShareClass1 2022-01-01 2022-12-31 06370671 c:OrdinaryShareClass1 2022-12-31 06370671 c:OrdinaryShareClass1 2021-12-31 06370671 c:FRS102 2022-01-01 2022-12-31 06370671 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 06370671 c:FullAccounts 2022-01-01 2022-12-31 06370671 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06370671













BELLHOUSE PROPERTY DEVELOPMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
REGISTERED NUMBER:06370671

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
-

Current assets
  

Cash at bank and in hand
  
38
28

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(196,662)
(187,505)

Net current liabilities
  
 
 
(196,624)
 
 
(187,477)

Net liabilities
  
(196,624)
(187,477)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(196,625)
(187,478)

  
(196,624)
(187,477)


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 28 August 2024.




T E H Bellhouse
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Bellhouse Property Development Limited is a private limited liability company incorporated in England and Wales with its registered office at 2nd Floor, Connaught House, 1-3 Mount St (Entrance via Davies Street), London W1K 3NB. Its principal business address is at Wellingtonia Lodge, Buckland, Farringdon, Oxfordshire, SN7 8QW.
The principal activity has continued to be that of property development project management, co-ordination and consultancy.
The company's functional and presentational currency is £ Sterling.

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

At 31 December 2021 the company had net liabilities of £187,386 (2020 - £180,688). The company continues to meet its day to day working capital requirements through the financial support of its ultimate parent company. On the basis of this support the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Fixtures & fittings
-
20%
straight line
Office equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 2

 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.5

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from related parties. 

 
2.6

Creditors

Short term creditors are measured at the transaction price. 

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

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

Page 3

 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost 


At 1 January 2022
23,081
3,036
26,117



At 31 December 2022

23,081
3,036
26,117



Depreciation


At 1 January 2022
23,081
3,036
26,117



At 31 December 2022

23,081
3,036
26,117



Net book value



At 31 December 2022
-
-
-



At 31 December 2021
-
-
-


5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
61,844
61,834

Other taxation and social security
17,841
17,841

Other creditors
48,972
39,825

Accruals and deferred income
68,005
68,005

196,662
187,505



6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



1 (2021 - 1) Ordinary share of £1.00
1
1


Page 4

 
BELLHOUSE PROPERTY DEVELOPMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

7.


Controlling party

The company is a wholly owned subsidiary of Bellhouse Joseph Holdings Limited, a company registered in England & Wales, which the director regards as the ultimate parent undertaking.

 
Page 5