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REGISTERED NUMBER: 07647450 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Beltwood Park Place Limited

Beltwood Park Place Limited (Registered number: 07647450)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Beltwood Park Place Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: G Coram





REGISTERED OFFICE: C/O City Chartered Accountants
Suite 540, 5th Floor
Linen Hall
162- 168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 07647450 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Beltwood Park Place Limited (Registered number: 07647450)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks 17,962,215 17,962,215
Debtors 4 175,441 145,847
Cash at bank 42,081 14,878
18,179,737 18,122,940
CREDITORS
Amounts falling due within one year 5 (19,714,652 ) (18,509,605 )
NET CURRENT LIABILITIES (1,534,915 ) (386,665 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,534,915

)

(386,665

)

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings (1,535,117 ) (386,867 )
SHAREHOLDERS' FUNDS (1,534,915 ) (386,665 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Beltwood Park Place Limited (Registered number: 07647450)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 31 December 2024 and were signed by:





G Coram - Director


Beltwood Park Place Limited (Registered number: 07647450)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Beltwood Park Place 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

The property held as stock has been re-valued. Although this is a departure from the financial reporting standards for small entities, the directors believe a revaluation is appropriate in these circumstances.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 175,441 145,847

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 15,537,922 14,682,554
Trade creditors 37,235 20,066
Taxation and social security 122,089 124,407
Other creditors 4,017,406 3,682,578
19,714,652 18,509,605

Beltwood Park Place Limited (Registered number: 07647450)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

At the year end, there were 4 outstanding charges at Companies House.

6. RELATED PARTY DISCLOSURES

At the year end, the Company owed the Director £2,640,251 (2023: £2,905,186).

At the year end, the Company owed £68,394 (2023: £60,404) to an associated company.

7. GOING CONCERN

The director has pledged to support the company financially to meet any liabilities that it is unable to meet for the next twelve months after the date of signature.