REGISTERED NUMBER: 07647450 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Beltwood Park Place Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Coram

REGISTERED OFFICE:

C/O City Chartered Accountants

Suite 540, 5th Floor

Linen Hall

162- 168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

07647450 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

CURRENT ASSETS

Stocks

17,962,215

17,962,215

Debtors

4

225,901

175,441

Cash at bank

14,602

42,081

18,202,718

18,179,737

CREDITORS

Amounts falling due within one year

5

(18,421,381

)

(19,714,652

)

NET CURRENT LIABILITIES

(218,663

)

(1,534,915

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(218,663

)

(1,534,915

)

CAPITAL AND RESERVES

Called up share capital

202

202

Retained earnings

(218,865

)

(1,535,117

)

SHAREHOLDERS' FUNDS

(218,663

)

(1,534,915

)

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 23 December 2025 and were signed by:

G Coram - Director

1.	STATUTORY INFORMATION

Beltwood Park Place Limited 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

The property held as stock has been re-valued. Although this is a departure from the financial reporting standards for small entities, the directors believe a revaluation is appropriate in these circumstances.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

225,901

175,441

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

15,469,250

15,537,922

Trade creditors

-

37,236

Taxation and social security

121,362

122,089

Other creditors

2,830,769

4,017,405

18,421,381

19,714,652

At the year end, there were 4 outstanding charges at Companies House.

6.	RELATED PARTY DISCLOSURES

At the year end, the Company owed the Director £2,448,515 (2024: £2,640,251).

At the year end, the Company owed £68,394 (2024: £63,394) to an associated company.

7.	POST BALANCE SHEET EVENTS

The company was taken over by the property receivers on the 2nd of April 2025 on the instructions of the lender Jordan International Bank plc.

The appointment specifically entails all the freehold land and buildings covered by the mortgage charge of the lender.

8.	GOING CONCERN

The director has offered to support the company's operations for the next twelve months after the date of signature.