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REGISTERED NUMBER: 02813610 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Belvista Limited

Belvista Limited (Registered number: 02813610)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Belvista Limited (Registered number: 02813610)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 557 1,113
Investments 5 398,254 342,616
Investment property 6 1,500,000 1,500,000
1,898,811 1,843,729

Current assets
Debtors 7 - 61
Cash at bank 145,275 161,202
145,275 161,263
Creditors
Amounts falling due within one year 8 48,866 50,123
Net current assets 96,409 111,140
Total assets less current liabilities 1,995,220 1,954,869

Provisions for liabilities 263,701 263,840
Net assets 1,731,519 1,691,029

Belvista Limited (Registered number: 02813610)

Balance Sheet - continued
31 December 2023

2023 2022
Notes £    £    £    £   
Capital and reserves
Called up share capital 9 156,000 156,000
Revaluation reserve 1,008,855 1,008,855
Retained earnings 566,664 526,174
Shareholders' funds 1,731,519 1,691,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 July 2024 and were signed by:





C A Gray - Director


Belvista Limited (Registered number: 02813610)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Belvista Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02813610

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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.


Belvista Limited (Registered number: 02813610)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. Accounting policies - continued
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.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 January 2023
and 31 December 2023 29,711 5,327 35,038
Depreciation
At 1 January 2023 29,711 4,214 33,925
Charge for year - 556 556
At 31 December 2023 29,711 4,770 34,481
Net book value
At 31 December 2023 - 557 557
At 31 December 2022 - 1,113 1,113

Belvista Limited (Registered number: 02813610)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. Fixed asset investments
Listed
investment
£   
Cost or valuation
At 1 January 2023 342,616
Additions 71,655
Disposals (11,383 )
Revaluations (4,634 )
At 31 December 2023 398,254
Net book value
At 31 December 2023 398,254
At 31 December 2022 342,616

Cost or valuation at 31 December 2023 is represented by:

Listed
investment
£   
Valuation in 2023 (13,128 )
Cost 411,382
398,254

6. Investment property
Total
£   
Fair value
At 1 January 2023
and 31 December 2023 1,500,000
Net book value
At 31 December 2023 1,500,000
At 31 December 2022 1,500,000

Belvista Limited (Registered number: 02813610)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. Debtors: amounts falling due within one year
2023 2022
£    £   
Prepayments and accrued income - 61

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Corporation tax 6,076 6,078
Other creditors 2,271 2,271
Directors' current accounts 38,430 37,965
Accruals and deferred income 2,089 3,809
48,866 50,123

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
156,000 Ordinary £1 156,000 156,000

10. Ultimate controlling party

The ultimate controlling party is C A Gray.