Company Registration No. 14012039 (England and Wales)
BELEA DESIGNS LTD
Unaudited accounts
for the year ended 31 March 2025
BELEA DESIGNS LTD
Unaudited accounts
Contents
BELEA DESIGNS LTD
Company Information
for the year ended 31 March 2025
Directors
Mr George Iordan Belea
Atis Angelica Rastgu
Company Number
14012039 (England and Wales)
Registered Office
4th Floor
205 Regent Street
London
W1B 4HB
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
BELEA DESIGNS LTD
Statement of financial position
as at 31 March 2025
Tangible assets
2,086
3,066
Cash at bank and in hand
1,883
328
Creditors: amounts falling due within one year
(8,186)
(5,806)
Net current liabilities
(1,986)
(2,966)
Called up share capital
100
100
Shareholders' funds
100
100
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by
Mr George Iordan Belea
Director
Company Registration No. 14012039
BELEA DESIGNS LTD
Notes to the Accounts
for the year ended 31 March 2025
BELEA DESIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 14012039. The registered office is 4th Floor, 205 Regent Street, London, W1B 4HB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
BELEA DESIGNS LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
4,020
5,503
Loans from directors
4,166
303
The company owes the director Atis Rastgu £4,166 as at the end of the year.
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Average number of employees
During the year the average number of employees was 2 (2024: 2).