IRIS Accounts Production v24.3.2.46 14191709 Board of Directors 1.1.24 31.12.24 31.12.24 4.4.25 0 0 true false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141917092023-12-31141917092024-12-31141917092024-01-012024-12-31141917092023-06-30141917092023-07-012023-12-31141917092023-12-3114191709ns15:EnglandWales2024-01-012024-12-3114191709ns14:PoundSterling2024-01-012024-12-3114191709ns10:Director12024-01-012024-12-3114191709ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3114191709ns10:SmallEntities2024-01-012024-12-3114191709ns10:Audited2024-01-012024-12-3114191709ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3114191709ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3114191709ns10:FullAccounts2024-01-012024-12-3114191709ns5:ShareCapital2024-12-3114191709ns5:ShareCapital2023-12-3114191709ns10:RegisteredOffice2024-01-012024-12-3114191709ns5:CostValuation2023-12-3114191709ns5:Subsidiary12024-01-012024-12-31141917091ns5:Subsidiary12024-01-012024-12-311419170912024-01-012024-12-31
REGISTERED NUMBER: 14191709 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BELLE COACHWORKS HOLDINGS LIMITED

BELLE COACHWORKS HOLDINGS LIMITED (REGISTERED NUMBER: 14191709)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 2 to 4


BELLE COACHWORKS HOLDINGS LIMITED (REGISTERED NUMBER: 14191709)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Investments 4 1,200,100 1,200,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,200,100

1,200,100

CAPITAL AND RESERVES
Called up share capital 1,200,100 1,200,100
1,200,100 1,200,100

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 Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:





D Zhang - Director


BELLE COACHWORKS HOLDINGS LIMITED (REGISTERED NUMBER: 14191709)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Belle Coachworks Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14191709

Registered office: C/O DPC
Stone House
55 Stone Road Business Park
Stoke-on-Trent
Staffordshire
ST4 6SR

The principal activity of the company is that of a holding company.

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.

The presentation currency of the financial statements is the Pound Sterling (£) which is also the functional currency.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Belle Coachworks Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Judgements

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

There are no judgements within these financial statements.

Key sources of estimation of uncertainty.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

There are no estimates within these financial statements.

BELLE COACHWORKS HOLDINGS LIMITED (REGISTERED NUMBER: 14191709)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3. EMPLOYEES AND DIRECTORS

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

BELLE COACHWORKS HOLDINGS LIMITED (REGISTERED NUMBER: 14191709)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 1,200,100
NET BOOK VALUE
At 31 December 2024 1,200,100
At 31 December 2023 1,200,100

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Belle Coachworks Limited
Registered office: 28 Pinbush Road, Lowestoft, Suffolk, NR33 7NL
Nature of business: Manufacturer of coachwork bodies for motor vehicles
%
Class of shares: holding
Ordinary 100.00

5. SECURED DEBTS

There is a fixed and floating charge dated 9 August 2022 over the property or undertaking of the
company in favour of Martin James Shreeve and Daniel James Shreeve.

There is a fixed and floating charge dated 17 October 2022 over the property or undertaking of the
company in favour of Martin James Shreeve and Daniel James Shreeve.

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Helen Tidyman (Senior Statutory Auditor)
for and on behalf of Sumer Auditco Limited

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8. POST BALANCE SHEET EVENTS

There were no material events up to the date of approval of the financial statement by the board.

9. ULTIMATE CONTROLLING PARTY

The company is a 100% owned subsidiary of Teqnion AB.

The ultimate controlling parties are Carl-Johan Bernth Ahlström and Per Yngve Berggren.