Belsfield HoldCo Limited

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

Registered number: 14128651

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		2		2

			2		2
CURRENT ASSETS
Debtors		1		1

		1		1
Creditors: Amounts Falling Due Within One Year		(2 )		(2 )

NET CURRENT ASSETS (LIABILITIES)			(1 )		(1 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1		1

NET ASSETS			1		1

CAPITAL AND RESERVES
Called up share capital	5		1		1

SHAREHOLDERS' FUNDS			1		1

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Richard Berry

Director

29 September 2025

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

1. General Information

Belsfield HoldCo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14128651 . The registered office is 6c Cooper Way, Parkhouse, Carlisle, Cumbria, CA3 0JG.

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.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

2.2. 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 amounts owed to group companies, 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 amortised.

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 of its liabilities.

Basic financial liabilities

Basic financial liabilities,which include monies owed to group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at amarket rate of interest. Financial liabilities classified as payable within one year are not amortised.

2.3. Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

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Belsfield HoldCo Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

4. Investments

	Total
	£
Cost or Valuation
As at 1 January 2024	2

As at 31 December 2024	2

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	2

As at 1 January 2024	2

5. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

6. Post Balance Sheet Events

On 6 March 2025, control of the company passed from MM Aurora HoldCo Limited to G.G.E Ltd. following the acquisition of the 100% share capital issued in Belsfiled HoldCo Limited.

Accordingly, the company’s ultimate controlling party as at 31 December 2024 was MM Aurora HoldCo Limited, whereas from 6 March 2025 the ultimate controlling party is G.G.E Ltd.

7. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is G.G.E Ltd . G.G.E Ltd was incorporated in England and Wales. The ultimate controlling party is G.G.E Ltd who controls 100% of the shares of Belsfield HoldCo Limited .

8. Audit Exemption

For the year ended 31 December 2024, the company has claimed exemption from audit under section 479A of the Companies Act 2006 as a subsidiary company.

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.

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