Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12145132 Alexander Merkel the director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12145132 2023-08-31 12145132 2024-08-31 12145132 2023-09-01 2024-08-31 12145132 frs-core:CurrentFinancialInstruments 2024-08-31 12145132 frs-core:Non-currentFinancialInstruments 2024-08-31 12145132 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 12145132 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-31 12145132 frs-core:ShareCapital 2024-08-31 12145132 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12145132 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12145132 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12145132 frs-bus:SmallEntities 2023-09-01 2024-08-31 12145132 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12145132 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12145132 1 2023-09-01 2024-08-31 12145132 frs-bus:Director1 2023-09-01 2024-08-31 12145132 frs-countries:EnglandWales 2023-09-01 2024-08-31 12145132 2022-08-31 12145132 2023-08-31 12145132 2022-09-01 2023-08-31 12145132 frs-core:CurrentFinancialInstruments 2023-08-31 12145132 frs-core:Non-currentFinancialInstruments 2023-08-31 12145132 frs-core:ShareCapital 2023-08-31 12145132 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12145132
Bellevue Real Estate Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Bellevue Real Estate Ltd For The Year Ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bellevue Real Estate Ltd which comprise the Profit and Loss Account, the Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Bellevue Real Estate Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bellevue Real Estate Ltd and state those matters that we have agreed to state to the director of Bellevue Real Estate Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bellevue Real Estate Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Bellevue Real Estate Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bellevue Real Estate Ltd . You consider that Bellevue Real Estate Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Bellevue Real Estate Ltd . 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 financial statements.
14 May 2025
UK Property Accountants
Chartered Certified Accountants
809 Salisbury House, 29 Finsbury Circus
London
EC2M 7AQ
Page 1
Page 2
Balance Sheet
Registered number: 12145132
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 190,000 190,000
190,000 190,000
CURRENT ASSETS
Debtors 5 6,303 3,054
Cash at bank and in hand 2,033 1,382
8,336 4,436
Creditors: Amounts Falling Due Within One Year 6 (56,697 ) (67,604 )
NET CURRENT ASSETS (LIABILITIES) (48,361 ) (63,168 )
TOTAL ASSETS LESS CURRENT LIABILITIES 141,639 126,832
Creditors: Amounts Falling Due After More Than One Year 7 (130,722 ) (110,703 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,312 ) (7,312 )
NET ASSETS 3,605 8,817
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 3,505 8,717
SHAREHOLDERS' FUNDS 3,605 8,817
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Page 3
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Alexander Merkel
Director
14 May 2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Bellevue Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12145132 . The registered office is 809 Salisbury House, 29 Finsbury Circus, London, EC2M 7AQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties

Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.

2.3. Investment Properties
Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.
Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.
Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.4. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 September 2023 190,000
As at 31 August 2024 190,000
Net Book Value
As at 31 August 2024 190,000
As at 1 September 2023 190,000
Investment properties were valued at 31 August 2024, by the director of the company based on the assessment of available market information and property condition. The director believes their valuation would not be materially different from the professional valuation.
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 6,303 3,054
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,835 840
Director's loan account 54,862 66,764
56,697 67,604
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 130,722 110,703
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 130,722 110,703
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Included in creditors due within one year is an amount of £54,862 (2023: £66,764 ) owed to its director. The amount is interest free and repayable on demand.
11. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of the ownership of 100% of the issued share capital in the company.
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