Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 1 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-02-01 true true false No description of principal activity 1 false 07733772 2024-02-01 2025-01-31 07733772 2023-02-01 2024-01-31 07733772 2025-01-31 07733772 2024-01-31 07733772 c:Director1 2024-02-01 2025-01-31 07733772 d:PlantMachinery 2024-02-01 2025-01-31 07733772 d:PlantMachinery 2025-01-31 07733772 d:PlantMachinery 2024-01-31 07733772 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07733772 d:CurrentFinancialInstruments 2025-01-31 07733772 d:CurrentFinancialInstruments 2024-01-31 07733772 d:ShareCapital 2025-01-31 07733772 d:ShareCapital 2024-01-31 07733772 d:RetainedEarningsAccumulatedLosses 2025-01-31 07733772 d:RetainedEarningsAccumulatedLosses 2024-01-31 07733772 c:FRS102 2024-02-01 2025-01-31 07733772 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07733772 c:FullAccounts 2024-02-01 2025-01-31 07733772 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07733772 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 07733772 BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025
BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED REGISTERED NUMBER: 07733772 BALANCE SHEET AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 564,108 |  | 614,389
|  |  | 564,108 |  | 614,389
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 233,312 |  | 85,142 |
|  | 233,312 |  | 85,142 |
Total assets less current liabilities |  |  | 797,420 |  | 699,531
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (18,574) |  | (23,328) |
|  |  | (18,574) |  | (23,328)
Net assets |  |  | 778,846 |  | 676,203
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 778,845 |  | 676,202
|  |  | 778,846 |  | 676,203
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 July 2025.
G. W. Branch
Director
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BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED REGISTERED NUMBER: 07733772 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 2025 The notes on pages 3 to 6 form part of these financial statements. Page 2
BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
The company was incorporated in the UK and is registered in England and wales as a company with liability limited by share capital. The registered office of the company is 1 Bartholomew Lane, London, England, EC2N 2AX. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.3 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.4 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant & machinery | - | 4% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.5 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.6 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Tangible fixed assets
|  | Plant & machinery
|  | £
| Cost or valuation |
| At 1 February 2024 | 1,257,029
| At 31 January 2025 | 1,257,029
| Depreciation |
| At 1 February 2024 | 642,640
| Charge for the year on owned assets | 50,281
| At 31 January 2025 | 692,921
| Net book value |
| At 31 January 2025 | 564,108
| At 31 January 2024 | 614,389
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BELVEDERE ENERGY INVESTMENTS PORTFOLIO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 233,312 | 85,142
|  | 233,312 | 85,142
6. | Controlling party
100% of the issued share capital of the company is owned by Belvedere Energy Investments Limited, a company registered in England and Wales. The company is not included in the consolidated accounts of any group and the directors do not consider that there is any controlling party.
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