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Registered number: 10862041

Belton 2 Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Belton 2 Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
Eugen Grosz
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10862041
BANKERS
Lloyds
SOLICITORS
Harold Benjamin
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Belton 2 Limited

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Belton 2 Limited

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Tangible assets5,170,0004,425,000
CURRENT ASSETS
Cash at bank and in hand18,80220,270
18,80220,270
CREDITORS: Amounts falling due within one year31,171,936934,359
NET CURRENT LIABILITIES(1,153,134)(914,089)
TOTAL ASSETS LESS CURRENT LIABILITIES4,016,8663,510,911
CREDITORS: Amounts falling due after more than one year43,661,4973,171,552
PROVISIONS FOR LIABILITIES AND CHARGES6142,150130,900
NET ASSETS213,219208,459
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account213,119208,359
SHAREHOLDERS' FUNDS213,219208,459
For the year ending 31/07/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/12/2024 and signed on their behalf by
.............................
Eugen Grosz
Director

Belton 2 Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/08/20234,425,0004,425,000
Additions699,948699,948
Revaluation45,05245,052
At 31/07/20245,170,0005,170,000
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other creditors1,169,836932,559
Accruals2,1001,800
1,171,936934,359

Belton 2 Limited

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr3,661,4973,171,552
3,661,4973,171,552
5. EMPLOYEES
20242023
No.No.
Average number of employees32
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation142,150130,900
142,150130,900
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. CONTROLLING PARTY
The company is controlled by Starglow Holdings Limited, the parent company.
The ultimate controlling party is Eugen Grosz, the director, by virtue of the fact that, together with his wife, he owns of the issued and called up voting share capital of Starglow Holdings Limited

Belton 2 Limited

9. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by Eugen Grosz, the director. The loans are interest free and repayable on demand. At the year end, the balance due to Eugen Grosz totalled £51,951 (2023: £49,951).