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REGISTERED NUMBER: 05753517 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 27 March 2024

for

Bell & Harwood Property Investments
Limited

Bell & Harwood Property Investments
Limited (Registered number: 05753517)






Contents of the Financial Statements
for the Period 1 April 2023 to 27 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Bell & Harwood Property Investments
Limited

Company Information
for the Period 1 April 2023 to 27 March 2024







DIRECTORS: S Bell
D Harwood





REGISTERED OFFICE: 11 Farnham Grove
Blyth
Northumberland
NE24 3HN





REGISTERED NUMBER: 05753517 (England and Wales)





ACCOUNTANTS: Peter Weldon & Co. Ltd
87 Station Road
Ashington
Northumberland
NE63 8RS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bell & Harwood Property Investments
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bell & Harwood Property Investments Limited for the period ended 27 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bell & Harwood Property Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bell & Harwood Property Investments Limited and state those matters that we have agreed to state to the Board of Directors of Bell & Harwood Property Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bell & Harwood Property Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bell & Harwood Property Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bell & Harwood Property Investments Limited. You consider that Bell & Harwood Property Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Bell & Harwood Property Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Peter Weldon & Co. Ltd
87 Station Road
Ashington
Northumberland
NE63 8RS


7 November 2024

Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Balance Sheet
27 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,609 24,812
Investment property 5 629,386 450,948
647,995 475,760

CURRENT ASSETS
Debtors 6 4,184 8,348

CREDITORS
Amounts falling due within one year 7 111,267 96,981
NET CURRENT LIABILITIES (107,083 ) (88,633 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,912

387,127

CREDITORS
Amounts falling due after more than one
year

8

372,297

399,875
NET ASSETS/(LIABILITIES) 168,615 (12,748 )

Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Balance Sheet - continued
27 March 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 168,613 (12,750 )
168,615 (12,748 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 March 2024 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 7 November 2024 and were signed on its behalf by:




D Harwood - Director



S Bell - Director


Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Notes to the Financial Statements
for the Period 1 April 2023 to 27 March 2024

1. STATUTORY INFORMATION

Bell & Harwood Property Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance per annum

Investment property
Revenue is generated from rental income of investment properties. Revenue from services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recovered.The directors believe that the properties have not depreciated in value.

Investment property is shown at cost or most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

The directors believe that the properties have not depreciated in value.

Taxation
Taxation for the period 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.


Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 27 March 2024

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 period 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 period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 27 March 2024 39,952
DEPRECIATION
At 1 April 2023 15,140
Charge for period 6,203
At 27 March 2024 21,343
NET BOOK VALUE
At 27 March 2024 18,609
At 31 March 2023 24,812

Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 27 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 27 March 2024 629,386
DEPRECIATION
At 1 April 2023 178,438
Reversal of impairments (178,438 )
At 27 March 2024 -
NET BOOK VALUE
At 27 March 2024 629,386
At 31 March 2023 450,948

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,342 2,664
Other debtors 2,842 5,684
4,184 8,348

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,780 2,480
Hire purchase contracts 6,221 7,683
Trade creditors 510 510
Taxation and social security 2,141 3,737
Other creditors 87,615 82,571
111,267 96,981

Bell & Harwood Property Investments
Limited (Registered number: 05753517)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 27 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 4,140
Other creditors 372,297 395,735
372,297 399,875