REGISTERED NUMBER: 08962509 (England and Wales)

BELLEVA HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S L Roberts (deceased)

M J Roberts

D P Roberts

Mrs A Roberts

REGISTERED OFFICE:

Beauchamp House

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

REGISTERED NUMBER:

08962509 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

172,370

222,319

Investments

6

12

12

172,382

222,331

CURRENT ASSETS

Debtors

7

728,023

10,758

Cash at bank

963,212

1,086,130

1,691,235

1,096,888

CREDITORS

Amounts falling due within one year

8

154,194

95,361

NET CURRENT ASSETS

1,537,041

1,001,527

TOTAL ASSETS LESS CURRENT LIABILITIES

1,709,423

1,223,858

CREDITORS

Amounts falling due after more than one year

9

(40,049

)

(46,968

)

PROVISIONS FOR LIABILITIES

10

(17,650

)

(30,362

)

ACCRUALS AND DEFERRED INCOME

(4,961

)

(6,614

)

NET ASSETS

1,646,763

1,139,914

CAPITAL AND RESERVES

Called up share capital

11

16

16

Retained earnings

1,646,747

1,139,898

SHAREHOLDERS' FUNDS

1,646,763

1,139,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 29th August 2025 and were signed on its behalf by:

D P Roberts - Director

1.	STATUTORY INFORMATION

Belleva Holdings 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

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.

Preparation of consolidated financial statements

The financial statements contain information about Belleva 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.

Turnover

Turnover represents the net invoiced sale of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of one years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2024

and 31st January 2025

2

AMORTISATION

At 1st February 2024

and 31st January 2025

2

NET BOOK VALUE

At 31st January 2025

-

At 31st January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

and 31st January 2025

281,635

190

260,463

2,599

544,887

DEPRECIATION

At 1st February 2024

171,916

190

147,865

2,597

322,568

Charge for year

27,428

-

22,521

-

49,949

At 31st January 2025

199,344

190

170,386

2,597

372,517

NET BOOK VALUE

At 31st January 2025

82,291

-

90,077

2

172,370

At 31st January 2024

109,719

-

112,598

2

222,319

The net book value of tangible fixed assets includes £ 30,720 (2024 - £ 38,400 ) in respect of assets held under hire purchase contracts.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st February 2024

and 31st January 2025

12

NET BOOK VALUE

At 31st January 2025

12

At 31st January 2024

12

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

227,980

-

Directors' current accounts

370,177

927

Tax

4,932

-

VAT

-

4,899

603,089

5,826

Amounts falling due after more than one year:

Tax

124,934

4,932

Aggregate amounts

728,023

10,758

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,346

3,160

Amounts owed to group undertakings

351

55,825

Tax

135,964

-

VAT

8,107

-

Directors' current accounts

-

28,410

Accrued expenses

1,200

998

Deferred government grants

5,226

6,968

154,194

95,361

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

29,332

32,678

Deferred government grants

10,717

14,290

40,049

46,968

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

17,650

30,362

Deferred tax

£

Balance at 1st February 2024

30,362

Provided during year

(12,712

)

Balance at 31st January 2025

17,650

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

16

Ordinary

£1

16

16

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

2025

2024

£

£

S L Roberts (deceased)

Balance outstanding at start of year

-

-

Amounts advanced

252,177

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

252,177

-

D P Roberts

Balance outstanding at start of year

-

-

Amounts advanced

69,892

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

69,892

-

M J Roberts

Balance outstanding at start of year

-

-

Amounts advanced

42,929

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

42,929

-

Mrs A Roberts

Balance outstanding at start of year

927

-

Amounts advanced

5,178

927

Amounts repaid

(927

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,178

927

Interest of £6,755 (2024 - £0) was charged by the company in respect of the overdrawn directors loan accounts.

13.	RELATED PARTY DISCLOSURES

Central Storage Systems Limited is a wholly owned subsidiary of Belleva Holdings Limited. During the year a dividend of £500,000 (2024 - £450,000) was paid to Belleva Holdings Limited. As at 31st January 2025 an amount of £227,980 (2024 - £55,474 was owed by Belleva Holdings Limited to Central Storage Systems Limited) was owed to Belleva Holdings Limited from Central Storage Systems Limited.

During the year a management charge of £80,400 (2024 - £80,400) was made by Belleva Holdings Limited to Central Storage Limited.

Central Mezzanines Limited is a wholly owned subsidiary of Belleva Holdings Limited. As at 31st January 2025 an amount of £351 (2024 - £351 was owed to Central Mezzanines Limited.