REGISTERED NUMBER: 11876641 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Bell Btl Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Bell

REGISTERED OFFICE:

128 City Road

London

United Kingdom

EC1V 2NX

REGISTERED NUMBER:

11876641 (England and Wales)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

140,000

166

Investment property

5

291,000

281,000

431,000

281,166

CURRENT ASSETS

Debtors

6

794

1,813

Cash at bank

3,237

783

4,031

2,596

CREDITORS

Amounts falling due within one year

7

196,755

46,049

NET CURRENT LIABILITIES

(192,724

)

(43,453

)

TOTAL ASSETS LESS CURRENT LIABILITIES

238,276

237,713

CREDITORS

Amounts falling due after more than one year

8

(208,691

)

(208,691

)

PROVISIONS FOR LIABILITIES

(846

)

(6,961

)

NET ASSETS

28,739

22,061

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

10

791

-

Fair value reserve

10

52,775

36,396

Retained earnings

(24,828

)

(14,336

)

SHAREHOLDERS' FUNDS

28,739

22,061

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

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

The director acknowledges his 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 director and authorised for issue on 5 November 2025 and were signed by:

R A Bell - Director

1.	STATUTORY INFORMATION

Bell Btl Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

-

664

664

Additions

138,946

-

138,946

Revaluations

1,054

-

1,054

At 31 March 2025

140,000

664

140,664

DEPRECIATION

At 1 April 2024

-

498

498

Charge for year

-

166

166

At 31 March 2025

-

664

664

NET BOOK VALUE

At 31 March 2025

140,000

-

140,000

At 31 March 2024

-

166

166

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2025

1,054

-

1,054

Cost

138,946

664

139,610

140,000

664

140,664

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

281,000

Revaluations

10,000

At 31 March 2025

291,000

NET BOOK VALUE

At 31 March 2025

291,000

At 31 March 2024

281,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

10,000

Cost

281,000

291,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

794

1,813

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

54,290

-

Other creditors

142,465

46,049

196,755

46,049

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

208,691

208,691

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

208,691

208,691

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

262,981

-

Shawbrook Bank Limited has charge against 49 Whitesbridge Avenue, Paisley, PA3 3BL.

The Mortgage Works (UK) PLC have charge against 24 Chirnside Court, Blantyre, Glasgow, G72 0YN.

The Mortgage Works (UK) PLC have charge against 224 North Drynburgh Road, Wishaw, ML2 7HL.

10.

RESERVES

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1 April 2024

-

36,396

36,396

Transfer to fair value reserve

1,055

10,000

11,055

Deferred tax on revaluation

-

6,379

6,379

Deferred Tax

(264

)

-

(264

)

At 31 March 2025

791

52,775

53,566