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REGISTERED NUMBER: 04233653 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

Beltree Properties Limited

Beltree Properties Limited (Registered number: 04233653)

Contents of the Financial Statements
for the Year Ended 30th June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Beltree Properties Limited

Company Information
for the Year Ended 30th June 2024







DIRECTORS: D K Glaze
Mrs D L Glaze





SECRETARY: Mrs D L Glaze





REGISTERED OFFICE: 21 Elderton Way
Earls Barton
Northampton
Northamptonshire
NN6 0FN





REGISTERED NUMBER: 04233653 (England and Wales)





ACCOUNTANTS: Hannah Ray
17 Ash Road
Collingtree
Northamtpton
NN4 0ND

Beltree Properties Limited (Registered number: 04233653)

Balance Sheet
30th June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 201,591 200,868

CURRENT ASSETS
Cash at bank 13,793 2,626

CREDITORS
Amounts falling due within one year 5 250,186 222,804
NET CURRENT LIABILITIES (236,393 ) (220,178 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(34,802

)

(19,310

)

CAPITAL AND RESERVES
Called up share capital 16 16
Revaluation reserve 6 113,811 113,811
Retained earnings (148,629 ) (133,137 )
SHAREHOLDERS' FUNDS (34,802 ) (19,310 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 19th November 2024 and were signed on its behalf by:





D K Glaze - Director


Beltree Properties Limited (Registered number: 04233653)

Notes to the Financial Statements
for the Year Ended 30th June 2024


1. STATUTORY INFORMATION

Beltree Properties 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.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Beltree Properties Limited (Registered number: 04233653)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1st July 2023 265,000 2,621 267,621
Additions - 4,682 4,682
At 30th June 2024 265,000 7,303 272,303
DEPRECIATION
At 1st July 2023 64,132 2,621 66,753
Charge for year 3,023 936 3,959
At 30th June 2024 67,155 3,557 70,712
NET BOOK VALUE
At 30th June 2024 197,845 3,746 201,591
At 30th June 2023 200,868 - 200,868

Cost or valuation at 30th June 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 265,000 7,303 272,303

If Freehold Land & Buildings had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 151,189 151,189
Aggregate depreciation 67,155 64,132

Value of land in freehold land and buildings 84,034 87,057

Freehold Land & Buildings were valued on an open market basis on 19th September 2008 by Agence Guy of Pezenas .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 313
Other creditors 250,186 222,491
250,186 222,804

Beltree Properties Limited (Registered number: 04233653)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024


6. RESERVES
Revaluation
reserve
£   
At 1st July 2023
and 30th June 2024 113,811