Belsize Capital Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 07464449

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		365		513

			365		513
CURRENT ASSETS
Debtors		373		375
Cash at bank and in hand		120,060		124,526

		120,433		124,901
Creditors: Amounts Falling Due Within One Year	5	(11,624 )		(10,094 )

NET CURRENT ASSETS (LIABILITIES)			108,809		114,807

TOTAL ASSETS LESS CURRENT LIABILITIES			109,174		115,320

NET ASSETS			109,174		115,320

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			109,074		115,220

SHAREHOLDERS' FUNDS			109,174		115,320

For the year ending 31 December 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

Mr Tobias Woerner

Director

01/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Belsize Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07464449 . The registered office is 1 Giltspur Street, Farringdon, London, EC1A 9DD.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% at Reducing balance method

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not discounted.

Classification of financial liabilities

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 company after deducting all its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction where they are subsequently carried at amortised cost using effective interest method. Financial liabilities that constitute a financing transaction are measured at present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not discounted.

Debt instruments are subsequently carried at amortised cost, using effective interest rate method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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Belsize Capital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	1,554

As at 31 December 2024	1,554

Depreciation
As at 1 January 2024	1,041
Provided during the period	148

As at 31 December 2024	1,189

Net Book Value
As at 31 December 2024	365

As at 1 January 2024	513

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Director's loan account	11,624	10,094

6. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

7. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	3,928	3,928

Dividend

Mr Tobias Woerner - £2,000 (2023: £2,000) Per Share £39.22

Mrs Emma Rachel Ann peacock - £1,928 (2023: £1928) Per Share £39.34

8. Related Party Transactions

As at the balance sheet date, the company owed £11,624 to the director. This amount relates to an interest-free working capital loan, which is unsecured and repayable on demand.

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