BrightAccountsProduction v1.0.0 v1.0.0 2023-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of real estate activities. 23 January 2025 1 1 13657104 2024-10-31 13657104 2023-10-31 13657104 2022-10-31 13657104 2023-11-01 2024-10-31 13657104 2022-11-01 2023-10-31 13657104 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13657104 uk-curr:PoundSterling 2023-11-01 2024-10-31 13657104 uk-bus:AbridgedAccounts 2023-11-01 2024-10-31 13657104 uk-core:ShareCapital 2024-10-31 13657104 uk-core:ShareCapital 2023-10-31 13657104 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 13657104 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 13657104 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 13657104 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 13657104 uk-bus:FRS102 2023-11-01 2024-10-31 13657104 uk-core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 13657104 2023-11-01 2024-10-31 13657104 uk-bus:Director1 2023-11-01 2024-10-31 13657104 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 13657104
 
 
Belmore Real Estate Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2024
Belmore Real Estate Ltd
Company Registration Number: 13657104
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 October 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 4 25,191 30,474
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Current Assets
Debtors 3,888 141,234
Cash and cash equivalents 523,412 434,589
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527,300 575,823
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Creditors: amounts falling due within one year (53,936) (123,329)
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Net Current Assets 473,364 452,494
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Total Assets less Current Liabilities 498,555 482,968
 
Provisions for liabilities (6,267) -
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Net Assets 492,288 482,968
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Capital and Reserves
Called up share capital 10 10
Retained earnings 492,278 482,958
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Equity attributable to owners of the company 492,288 482,968
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 23 January 2025
           
           
           
________________________________          
Mr. Noel Tiffney          
Director          
           



Belmore Real Estate Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2024

   
1. General Information
 
Belmore Real Estate Ltd is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13657104. The registered office of the company is 31 Kingly Street, London, W1B 5QG, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Income
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable income for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable income and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Research and development
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was:
 
  2024 2023
  Number Number
 
Director 1 1
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4. Property, plant and equipment
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 November 2023 39,343 39,343
Additions 2,842 2,842
  ───────── ─────────
At 31 October 2024 42,185 42,185
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Depreciation
At 1 November 2023 8,869 8,869
Charge for the financial year 8,125 8,125
  ───────── ─────────
At 31 October 2024 16,994 16,994
  ───────── ─────────
Net book value
At 31 October 2024 25,191 25,191
  ═════════ ═════════
At 31 October 2023 30,474 30,474
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5. Controlling interest
 
Mr N.Tiffney is the company's ultimate controlling party as he holds 100% of the ordinary share capital.