Registration number: 02133418

Belair (U.K.) Limited

Contents

Statement of Financial Postion	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Belair (U.K.) Limited

(Registration number: 02133418)
Statement of Financial Postion as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,886	4,295
Current assets
Debtors	5	78	689
Cash at bank and in hand		164,006	144,210
		164,084	144,899
Creditors: Amounts falling due within one year	6	(119,601)	(104,242)
Net current assets		44,483	40,657
Total assets less current liabilities		48,369	44,952
Provisions for liabilities		(738)	(816)
Net assets		47,631	44,136
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		46,631	43,136
Shareholders' funds		47,631	44,136

Belair (U.K.) Limited

(Registration number: 02133418)
Statement of Financial Postion as at 31 March 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 24 November 2025 and signed on its behalf by:
 

Mr A Ghiassi Director

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tustin House
Red Scar Business Park
Longridge Road
Preston
Lancashire
PR2 5NE

These financial statements were authorised for issue by the Board on 24 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial postion at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Office equipment	15% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	23,107	23,107
Additions	277	277
At 31 March 2025	23,384	23,384
Depreciation
At 1 April 2024	18,812	18,812
Charge for the year	686	686
At 31 March 2025	19,498	19,498
Carrying amount
At 31 March 2025	3,886	3,886
At 31 March 2024	4,295	4,295

5

Debtors

Current	2025 £	2024 £
Prepayments	44	200
Other debtors	34	489
	78	689

Belair (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	16,238	16,238
Taxation and social security	898	661
Accruals and deferred income	7,395	1,916
Other creditors	95,070	85,427
	119,601	104,242

7	Related party transactions

Included in other creditors repayable within 1 year are non-interest bearing directors loans, payable on demand of £95,070 (2024: £85,427).