Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302falsetrue2023-10-012trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09259057 2023-10-01 2024-09-30 09259057 2022-10-01 2023-09-30 09259057 2024-09-30 09259057 2023-09-30 09259057 c:Director1 2023-10-01 2024-09-30 09259057 c:Director2 2023-10-01 2024-09-30 09259057 c:RegisteredOffice 2023-10-01 2024-09-30 09259057 d:FreeholdInvestmentProperty 2024-09-30 09259057 d:FreeholdInvestmentProperty 2023-09-30 09259057 d:CurrentFinancialInstruments 2024-09-30 09259057 d:CurrentFinancialInstruments 2023-09-30 09259057 d:Non-currentFinancialInstruments 2024-09-30 09259057 d:Non-currentFinancialInstruments 2023-09-30 09259057 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09259057 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09259057 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 09259057 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 09259057 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 09259057 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 09259057 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 09259057 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 09259057 d:ShareCapital 2024-09-30 09259057 d:ShareCapital 2023-09-30 09259057 d:RevaluationReserve 2024-09-30 09259057 d:RevaluationReserve 2023-09-30 09259057 d:OtherMiscellaneousReserve 2023-10-01 2024-09-30 09259057 d:RetainedEarningsAccumulatedLosses 2024-09-30 09259057 d:RetainedEarningsAccumulatedLosses 2023-09-30 09259057 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 09259057 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 09259057 c:FRS102 2023-10-01 2024-09-30 09259057 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09259057 c:FullAccounts 2023-10-01 2024-09-30 09259057 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09259057 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 09259057












BELICHE LIMITED
UNAUDITED
DIRECTORS' REPORT
AND FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 30 SEPTEMBER 2024



















 


img2c21.png
01483 755 399
hamlyns.com

 
BELICHE LIMITED
 

COMPANY INFORMATION


Directors
R C Rufus 
Mrs R E Rufus 




Registered number
09259057



Registered office
Sundial House High Street
Horsell

Woking

Surrey

GU21 4SU




Accountants
Hamlyns Limited
Chartered Accountants

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU






 
BELICHE LIMITED
 

 
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

The directors present their report and the financial statements for the year ended 30 September 2024.

Principal activity

The principal activity of the company in the year under review was that of letting and operating of commercial property.    

Directors

The directors who served during the year were:

R C Rufus 
Mrs R E Rufus 

Page 1

 
BELICHE LIMITED
REGISTERED NUMBER: 09259057

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Investment property
 4 
972,450
972,450

  
972,450
972,450

Current assets
  

Cash at bank and in hand
  
1,048
13,633

  
1,048
13,633

Creditors: amounts falling due within one year
 5 
(99,187)
(79,770)

Net current liabilities
  
 
 
(98,139)
 
 
(66,137)

Total assets less current liabilities
  
874,311
906,313

Creditors: amounts falling due after more than one year
 6 
(309,782)
(356,305)

Provisions for liabilities
  

Deferred tax
 8 
(69,858)
(69,858)

  
 
 
(69,858)
 
 
(69,858)

Net assets
  
494,671
480,150


Capital and reserves
  

Called up share capital 
  
100
100

Fair value reserve
 9 
340,987
340,987

Profit and loss account
 9 
153,584
139,063

  
494,671
480,150


Page 2

 
BELICHE LIMITED
REGISTERED NUMBER: 09259057

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider 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 directors acknowledge their 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 profit and loss account 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 on 15 January 2025.




R C Rufus
Director

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

Page 3

 
BELICHE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


Statutory Information

Beliche 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

 
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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.

Page 4

 
BELICHE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


  
2.4

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss

 
2.5

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).

Page 5

 
BELICHE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
972,450



At 30 September 2024
972,450

The 2024 valuations were made by Mr R Rufus, on an open market value for existing use basis.



At 30 September 2024



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
561,604
561,604

561,604
561,604


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
47,552
47,552

Corporation tax
35,961
30,491

Other creditors
13,000
-

Accruals and deferred income
2,674
1,727

99,187
79,770



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
305,947
327,670

Amounts owed to group undertakings
3,835
28,635

309,782
356,305


Page 6

 
BELICHE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
47,552
47,552


47,552
47,552


Amounts falling due 2-5 years

Bank loans
190,210
190,210


190,210
190,210

Amounts falling due after more than 5 years

Bank loans
115,738
137,460

115,738
137,460

353,500
375,222



8.


Deferred taxation




2024


£






At beginning of year
(69,858)



At end of year
(69,858)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(69,858)
(69,858)

(69,858)
(69,858)


9.


Reserves

Other reserves

At 30th September 2024 the fair value reserve is £340,987.

Page 7

 
BELICHE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Secured debts

A loan facility was made available by Interbay Commercial on 11 March 2019 for a fifteen year term from that date.Interest is payable at 4.93% above LIBOR. The loans are secured by a fixed and floating charge over the freehold investment property and assets of the company.

Page 8