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Company registration number: 04082505
Belgravia Properties Limited
Trading as Belgravia Properties Limited
Unaudited filleted abridged financial statements
31 March 2025
Belgravia Properties Limited
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Belgravia Properties Limited
Directors and other information

| Director | Mr. Darren Secunda
| Secretary | Mrs. S. Secunda
| Company number | 04082505
| Registered office | 8-14 Church Road
|  | Stanmore
|  | HA7 4AW
| Business address | 5 Penta Court
|  | Station Road
|  | Borehamwood
|  | WD6 1SL
| Accountants | Michael King & CO
|  | Suite 4, Stanmore Towers
|  | 8-14 Church Road
|  | Stanmore
|  | Middlesex
|  | HA7 4AW

| Bankers | Natwest
|  | Barclays

Belgravia Properties Limited
Abridged statement of financial position
31 March 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 3,495,658 |  |  |  | 3,496,406 |  |
Investments |  | 6 | 1 |  |  |  | 1 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 3,495,659 |  |  |  | 3,496,407
Current assets |  |  |  |  |  |  |  |  |
Debtors |  |  | 124,623 |  |  |  | 95,526 |  |
Cash at bank and in hand |  |  | 225,650 |  |  |  | 233,349 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 350,273 |  |  |  | 328,875 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 37,469) |  |  |  | ( 14,863) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 312,804 |  |  |  | 314,012
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 3,808,463 |  |  |  | 3,810,419
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  |  |  |  | ( 964,250) |  |  |  | ( 964,250)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 2,844,213 |  |  |  | 2,846,169
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 2 |  |  |  | 2
Revaluation reserve |  |  |  |  | 2,633,702 |  |  |  | 2,633,702
Profit and loss account |  |  |  |  | 210,509 |  |  |  | 212,465
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 2,844,213 |  |  |  | 2,846,169
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444 Companies Act 2006
These financial statements were approved by the board of directors and authorised for issue on 05 November 2025 , and are signed on behalf of the board by:
Mr. Darren Secunda
Director
Company registration number: 04082505
Belgravia Properties Limited
Statement of changes in equity
Year ended 31 March 2025

|  | Called up share capital |  | Revaluation reserve |  | Profit and loss account | Total |  |  |
|  | £ |  | £ |  | £ | £ |  |  |
At 1 April 2023 |  | 2 |  | 2,628,702 |  | 322,383 | 2,951,087 |  |  |
Profit/(loss) for the year |  |  |  |  |  | ( 19,918) | ( 19,918) |  |  |
Other comprehensive income for the year: |  |  |  |  |  |  |  |  |  |
Revaluation of tangible assets |  |  |  | 5,000 |  |  | 5,000 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total comprehensive income for the year |  | - |  | 5,000 |  | ( 19,918) | ( 14,918) |  |  |
Dividends paid and payable |  |  |  |  |  | ( 90,000) | ( 90,000) |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total investments by and distributions to owners |  | - |  | - |  | ( 90,000) | ( 90,000) |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
At 31 March 2024 and 1 April 2024 |  | 2 |  | 2,633,702 |  | 212,465 | 2,846,169 |  |  |
Profit/(loss) for the year |  |  |  |  |  | 34,044 | 34,044 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total comprehensive income for the year |  | - |  | - |  | 34,044 | 34,044 |  |  |
Dividends paid and payable |  |  |  |  |  | ( 36,000) | ( 36,000) |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total investments by and distributions to owners |  | - |  | - |  | ( 36,000) | ( 36,000) |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
At 31 March 2025 |  | 2 |  | 2,633,702 |  | 210,509 | 2,844,213 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |

Belgravia Properties Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Suite 4, Stanmore Towers, 8-14 Church Road, Stanmore, HA7 4AW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold Property | - | 0% |
| Computer Equipment | - | 25 % | straight line
| Fixtures Fittings and Equipment | - | 25 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: Nil).
5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 April 2024 | 3,524,387 |  |  |  |  |  |
| Additions | 572 |  |  |  |  |  |
| Disposals | ( 28,468) |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 March 2025 | 3,496,491 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 April 2024 | 27,982 |  |  |  |  |  |
| Charge for the year | 1,319 |  |  |  |  |  |
| Disposals | ( 28,468) |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 March 2025 | 833 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 March 2025 | 3,495,658 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 March 2024 | 3,496,405 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |

6. Investments

|  | £ |  |  |  |  |
| Cost |  |  |  |  |  |
| At 1 April 2024 and 31 March 2025 | 1 |  |  |  |  |
|  | _______ |  |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 April 2024 and 31 March 2025 | - |  |  |  |  |
|  | _______ |  |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 March 2025 | 1 |  |  |  |  |
|  | _______ |  |  |  |  |
| At 31 March 2024 | 1 |  |  |  |  |
|  | _______ |  |  |  |  |

7. Directors advances, credits and guarantees

| During the year the director entered into the following advances and credits with the company: |  |  |  |  |  |
2025 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| Mr. Darren Secunda | 68,009 | 56,500 | ( 37,932) | 86,577 |  |
|  | _______ | _______ | _______ | _______ |  |
2024 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| Mr. Darren Secunda | 180,063 | 125,009 | ( 237,063) | 68,009 |  |
|  | _______ | _______ | _______ | _______ |  |

8. Controlling party
Darren Secunda is the sole director and 50% shareholder. Sandra Secunda is the other 50% shareholder.