Caseware UK (AP4) 2023.0.135 2023.0.135 true22023-11-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03794414 2023-11-01 2024-10-31 03794414 2022-11-01 2023-10-31 03794414 2024-10-31 03794414 2023-10-31 03794414 2022-11-01 03794414 c:Director1 2023-11-01 2024-10-31 03794414 d:MotorVehicles 2023-11-01 2024-10-31 03794414 d:MotorVehicles 2024-10-31 03794414 d:MotorVehicles 2023-10-31 03794414 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03794414 d:FurnitureFittings 2023-11-01 2024-10-31 03794414 d:FurnitureFittings 2024-10-31 03794414 d:FurnitureFittings 2023-10-31 03794414 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03794414 d:ComputerEquipment 2023-11-01 2024-10-31 03794414 d:ComputerEquipment 2024-10-31 03794414 d:ComputerEquipment 2023-10-31 03794414 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03794414 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03794414 d:CurrentFinancialInstruments 2024-10-31 03794414 d:CurrentFinancialInstruments 2023-10-31 03794414 d:Non-currentFinancialInstruments 2024-10-31 03794414 d:Non-currentFinancialInstruments 2023-10-31 03794414 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 03794414 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03794414 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 03794414 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 03794414 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 03794414 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 03794414 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 03794414 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 03794414 d:ShareCapital 2024-10-31 03794414 d:ShareCapital 2023-10-31 03794414 d:ShareCapital 2022-11-01 03794414 d:CapitalRedemptionReserve 2024-10-31 03794414 d:CapitalRedemptionReserve 2023-10-31 03794414 d:CapitalRedemptionReserve 2022-11-01 03794414 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 03794414 d:RetainedEarningsAccumulatedLosses 2024-10-31 03794414 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 03794414 d:RetainedEarningsAccumulatedLosses 2023-10-31 03794414 d:RetainedEarningsAccumulatedLosses 2022-11-01 03794414 c:OrdinaryShareClass1 2023-11-01 2024-10-31 03794414 c:OrdinaryShareClass1 2024-10-31 03794414 c:OrdinaryShareClass1 2023-10-31 03794414 c:OrdinaryShareClass3 2023-11-01 2024-10-31 03794414 c:OrdinaryShareClass3 2024-10-31 03794414 c:OrdinaryShareClass3 2023-10-31 03794414 c:FRS102 2023-11-01 2024-10-31 03794414 c:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 03794414 c:FullAccounts 2023-11-01 2024-10-31 03794414 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03794414 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03794414










Belloch Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 October 2024

 
Belloch Limited
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of Belloch Limited for the year ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Belloch Limited for the year ended 31 October 2024 which comprise  the Balance sheet, the 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 at https://www.icaew.com /regulation.

This report is made solely to the director of Belloch Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Belloch Limited and state those matters that we have agreed to state to him in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Belloch Limited and its director for our work or for this report. 

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

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

  



Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
29 January 2025
Page 1

 
Belloch Limited
Registered number: 03794414

Balance sheet
As at 31 October 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
6,356
12,943

  
6,356
12,943

Current assets
  

Debtors: amounts falling due within one year
 5 
5,333
11,952

Bank and cash balances
  
426,294
498,512

  
431,627
510,464

Creditors: amounts falling due within one year
 6 
(94,030)
(169,232)

Net current assets
  
 
 
337,597
 
 
341,232

Total assets less current liabilities
  
343,953
354,175

Creditors: amounts falling due after more than one year
 7 
(6,666)
(14,409)

  

Net assets
  
337,287
339,766


Capital and reserves
  

Called up share capital 
 9 
31
31

Capital redemption reserve
  
71
71

Profit and loss account
  
337,185
339,664

  
337,287
339,766


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



John Lysander Gretton
Director
Date: 29 January 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
Belloch Limited
 

Statement of changes in equity
For the year ended 31 October 2024


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£


At 1 November 2022
31
71
338,723
338,825


Comprehensive income for the year

Profit for the year
-
-
361,641
361,641


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(360,700)
(360,700)



At 1 November 2023
31
71
339,664
339,766


Comprehensive income for the year

Profit for the year
-
-
68,371
68,371


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(70,850)
(70,850)


At 31 October 2024
31
71
337,185
337,287


The notes on pages 4 to 8 form part of these financial statements.
Page 3

 
Belloch Limited
 

 
Notes to the financial statements
For the year ended 31 October 2024

1.


General information

Belloch Limited (the Company) is a limited company incorporated and domiciled in the United Kingdom.  The address of its registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA.  The company provides independent home search agents.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
Belloch Limited
 

 
Notes to the financial statements
For the year ended 31 October 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
on reducing balance
Fixtures and fittings
-
25%
on cost
Computer equipment
-
25%
on cost


 
2.9

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.11

Creditors

Short term creditors are measured at the transaction price.

Page 5

 
Belloch Limited
 

 
Notes to the financial statements
For the year ended 31 October 2024

2.Accounting policies (continued)

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
 

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 November 2023
24,245
1,361
11,399
37,005



At 31 October 2024

24,245
1,361
11,399
37,005



Depreciation


At 1 November 2023
12,123
1,359
10,580
24,062


Charge for the year on owned assets
6,061
2
524
6,587



At 31 October 2024

18,184
1,361
11,104
30,649



Net book value



At 31 October 2024
6,061
-
295
6,356



At 31 October 2023
12,122
2
819
12,943


5.


Debtors

2024
2023
£
£


Trade debtors
4,800
4,800

Other debtors
50
-

Prepayments and accrued income
483
7,152

5,333
11,952


Page 6

 
Belloch Limited
 

 
Notes to the financial statements
For the year ended 31 October 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
-
8,213

Corporation tax
29,952
110,507

Other taxation and social security
42,953
26,849

Other creditors
11,125
13,663

94,030
169,232



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
6,666
14,409



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
6,666
10,000


6,666
10,000

Amounts falling due 2-5 years

Bank loans
-
4,409


-
4,409


16,666
24,409

Page 7

 
Belloch Limited
 

 
Notes to the financial statements
For the year ended 31 October 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



30 (2023 - 30) Ordinary Shares shares of £1.00 each
30
30
1 (2023 - 1) Ordinary Class B Shares share of £1.00
1
1

31

31



10.


Related party transactions

The company is controlled by the board of directors.
At the balance sheet date included in Creditors: amounts falling due within one year are loans to the director from the company, Mr J L Gretton £4,939 (2023: £4,939).  


Page 8