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REGISTERED NUMBER: 00634506 (England and Wales)










Unaudited Financial Statements

for the Year Ended 5 April 2024

for

Bellton Properties Limited

Bellton Properties Limited (Registered number: 00634506)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Bellton Properties Limited

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mrs B C Richley
I S Richley





REGISTERED OFFICE: The Homestead
Turlow Fields
Hognaston
Ashbourne
Derbyshire
DE6 1PW





REGISTERED NUMBER: 00634506 (England and Wales)





ACCOUNTANTS: M.J.Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
DE21 6BF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bellton Properties 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 Statement of Financial Position. 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 Bellton Properties Limited for the year ended 5 April 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity 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 Bellton Properties 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 Bellton Properties Limited and state those matters that we have agreed to state to the Board of Directors of Bellton Properties 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 Bellton Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bellton Properties 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 Bellton Properties Limited. You consider that Bellton Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bellton Properties 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.






M.J.Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
DE21 6BF


20 November 2024

Bellton Properties Limited (Registered number: 00634506)

Statement of Financial Position
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 284 463
Financial assets 5 167,285 141,985
Investment property 6 1,110,000 1,110,000
1,277,569 1,252,448

CURRENT ASSETS
Debtors 7 510 -
Prepayments and accrued income 512 468
Cash at bank 28,508 36,709
29,530 37,177
CREDITORS
Amounts falling due within one year 8 34,708 37,380
NET CURRENT LIABILITIES (5,178 ) (203 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,272,391 1,252,245

PROVISIONS FOR LIABILITIES (188,835 ) (188,883 )

ACCRUALS AND DEFERRED INCOME (2,333 ) (2,304 )
NET ASSETS 1,081,223 1,061,058

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 9 523,419 523,419
Retained earnings 547,804 527,639
SHAREHOLDERS' FUNDS 1,081,223 1,061,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 20 November 2024 and were signed on its behalf by:





Mrs B C Richley - Director


Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Bellton 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.

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 as modified by the revaluation of certain assets.

Turnover
Rental income arising from operating leases on investment properties is accounted for on a straight line basis over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & equipment - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Investment property and financial assets
Investment property and financial assets are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property or financial asset is sold after taking into account indexation allowances. A transfer between the profit and loss account and the fair value reserve is made regarding these net gains.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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).

Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Furniture and Computer
& equipment fittings equipment Totals
£    £    £    £   
COST
At 6 April 2023 73 450 1,478 2,001
Disposals - (150 ) (614 ) (764 )
At 5 April 2024 73 300 864 1,237
DEPRECIATION
At 6 April 2023 73 357 1,108 1,538
Charge for year - 22 105 127
Eliminated on disposal - (144 ) (568 ) (712 )
At 5 April 2024 73 235 645 953
NET BOOK VALUE
At 5 April 2024 - 65 219 284
At 5 April 2023 - 93 370 463

5. FINANCIAL ASSETS
Other
investments
£   
COST OR VALUATION
At 6 April 2023 141,985
Additions 39,586
Disposals (25,173 )
Revaluations 10,887
At 5 April 2024 167,285
NET BOOK VALUE
At 5 April 2024 167,285
At 5 April 2023 141,985

Cost or valuation at 5 April 2024 is represented by:

Other
investments
£   
Valuation in 2021 12,724
Valuation in 2022 3,096
Valuation in 2023 (6,257 )
Valuation in 2024 8,289
Cost 149,433
167,285

If the Listed investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 132,422 132,422

Listed investments were valued on an open market basis on 5 April 2024 by Smith & Williamson .

Bellton Properties Limited (Registered number: 00634506)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023
and 5 April 2024 1,110,000
NET BOOK VALUE
At 5 April 2024 1,110,000
At 5 April 2023 1,110,000

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2021 642,302
Valuation in 2022 70,000
Cost 397,698
1,110,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 397,698 397,698
Aggregate depreciation (114,446 ) (112,585 )

Investment properties were valued on an open market basis on 5 April 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 510 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 3,457 3,246
Other creditors 31,251 34,134
34,708 37,380

9. RESERVES
Fair
value
reserve
£   
At 6 April 2023
and 5 April 2024 523,419