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REGISTERED NUMBER: 08716793 (England and Wales)
























Financial Statements

for the Year Ended 31 December 2023

for

BELMONT GRANGE LTD

BELMONT GRANGE LTD (REGISTERED NUMBER: 08716793)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BELMONT GRANGE LTD

Company Information
for the year ended 31 December 2023







DIRECTORS: B Oozageer
R Oozageer





SECRETARY: R Oozageer





REGISTERED OFFICE: 32 Furlong Way
Great Amwell
Ware
Hertfordshire
SG12 9TF





REGISTERED NUMBER: 08716793 (England and Wales)





AUDITORS: Trevor Jones & Partners Ltd
Statutory Auditor
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ

BELMONT GRANGE LTD (REGISTERED NUMBER: 08716793)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 529,847 540,025

CURRENT ASSETS
Debtors 5 521,260 16,557
Cash at bank and in hand 688,996 985,441
1,210,256 1,001,998
CREDITORS
Amounts falling due within one year 6 483,428 458,184
NET CURRENT ASSETS 726,828 543,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,256,675

1,083,839

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,256,575 1,083,739
SHAREHOLDERS' FUNDS 1,256,675 1,083,839

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 16 September 2024 and were signed on its behalf by:





R Oozageer - Director


BELMONT GRANGE LTD (REGISTERED NUMBER: 08716793)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Belmont Grange Ltd 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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of fees charged for residential care services provided during the period. This includes income from local authority placements, private client fees, and other related services that are part of the care home's ordinary activities. Revenue is recognised in the period in which the services are rendered, ensuring it reflects the actual provision of care services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

BELMONT GRANGE LTD (REGISTERED NUMBER: 08716793)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 547,921 113,858 661,779
Additions - 5,562 5,562
At 31 December 2023 547,921 119,420 667,341
DEPRECIATION
At 1 January 2023 56,873 64,881 121,754
Charge for year 6,964 8,776 15,740
At 31 December 2023 63,837 73,657 137,494
NET BOOK VALUE
At 31 December 2023 484,084 45,763 529,847
At 31 December 2022 491,048 48,977 540,025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 521,260 16,557

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,092 538
Amounts owed to group undertakings 377,853 377,853
Taxation and social security 82,553 58,987
Other creditors 21,930 20,806
483,428 458,184

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher James Whale (Senior Statutory Auditor)
for and on behalf of Trevor Jones & Partners Ltd

BELMONT GRANGE LTD (REGISTERED NUMBER: 08716793)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE PARENT UNDERTAKING

The company's ultimate holding company is Adonai Holdings Limited, a company of which the directors, B. and R. Oozageer, are directors and shareholders.