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REGISTERED NUMBER: 11927801 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

Belwether Properties Ltd

Belwether Properties Ltd (Registered number: 11927801)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Belwether Properties Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R K Kuppaiah Rao





SECRETARY: S Shivakumar Hiraskar





REGISTERED OFFICE: 54 Porter Drive
Colchester
CO3 9FQ





REGISTERED NUMBER: 11927801 (England and Wales)





ACCOUNTANTS: MSR GROUP LTD
MSR House
329 Ley Street
Ilford
Essex
IG1 4AA

Belwether Properties Ltd (Registered number: 11927801)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,283,861 1,134,856

CURRENT ASSETS
Cash at bank and in hand 17,210 54,290

CREDITORS
Amounts falling due within one year 5 44,024 2,520
NET CURRENT (LIABILITIES)/ASSETS (26,814 ) 51,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,257,047

1,186,626

CREDITORS
Amounts falling due after more than one year 6 1,239,156 1,175,872
NET ASSETS 17,891 10,754

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 17,887 10,750
SHAREHOLDERS' FUNDS 17,891 10,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Belwether Properties Ltd (Registered number: 11927801)

Balance Sheet - continued
30 April 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 January 2025 and were signed by:





R K Kuppaiah Rao - Director


Belwether Properties Ltd (Registered number: 11927801)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Belwether Properties Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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

Belwether Properties Ltd (Registered number: 11927801)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 May 2023 1,134,856
Additions 149,005
At 30 April 2024 1,283,861
NET BOOK VALUE
At 30 April 2024 1,283,861
At 30 April 2023 1,134,856

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 1,674 2,020
Other creditors 42,350 500
44,024 2,520

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 782,656 782,656
Other creditors 456,500 393,216
1,239,156 1,175,872

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 782,656 782,656