Belmore Real Estate Ltd iXBRL

Company Registration Number: 13657104

Belmore Real Estate Ltd

Director's Report and Unaudited Financial Statements

for the financial year ended 31 October 2025

Belmore Real Estate Ltd

DIRECTOR AND OTHER INFORMATION


Director	Mr. Noel Tiffney


Company Registration Number	13657104


Registered Office and Business Address	513 Linen Hall
	162-168 Regent Street
	London
	W1B 5TB
	United Kingdom


Accountants	Muldoon
	16 Mount Charles
	Belfast
	BT7 1NZ
	Northern Ireland


Bankers	Barclays Bank PLC
	Leicester
	LE87 2BB

Belmore Real Estate Ltd

DIRECTOR'S REPORT

for the financial year ended 31 October 2025

The director presents his report and the unaudited financial statements for the financial year ended 31 October 2025.

Principal Activity

The principal activity of the company is that of real estate activities.

Director

The director who served during the financial year is as follows:

Mr. Noel Tiffney

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr. Noel Tiffney

Director

22 December 2025

Belmore Real Estate Ltd

INCOME STATEMENT

for the financial year ended 31 October 2025

	2025	2024
Notes	£	£

Income	145,965	200,977

Expenditure	(142,964)	(142,751)
	─────────	─────────
Surplus before interest	3,001	58,226

Interest receivable and similar income	560	213
Interest payable and similar expenses	(17)	-
	─────────	─────────
Surplus before tax	3,544	58,439

Tax on surplus	(1,853)	(10,419)
	─────────	─────────
Surplus for the financial year	1,691	48,020
	─────────	─────────
Total comprehensive income	1,691	48,020
	═════════	═════════

Belmore Real Estate Ltd

Company Registration Number: 13657104

STATEMENT OF FINANCIAL POSITION

as at 31 October 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

18,388

25,191

─────────

Current Assets

Debtors

258,132

3,888

Cash and cash equivalents

70,587

523,412

─────────

328,719

527,300

─────────

Creditors: amounts falling due within one year

114,107

(53,936)

─────────

Net Current Assets

442,826

473,364

─────────

Total Assets less Current Liabilities

461,214

498,555

Provisions for liabilities

(4,935)

(6,267)

─────────

Net Assets

456,279

492,288

═════════

Capital and Reserves

Called up share capital

Retained earnings

456,269

492,278

─────────

Equity attributable to owners of the company

456,279

492,288

═════════

The financial statements have been prepared 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).

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 22 December 2025




________________________________
Mr. Noel Tiffney
Director

Belmore Real Estate Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

General Information

Belmore Real Estate Ltd is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13657104. The registered office of the company is 513 Linen Hall, 162-168 Regent Street, London, W1B 5TB, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Income

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable income for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable income and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Research and development

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was:

2025

2024

Number

Number

Director

═════════


4.	Property, plant and equipment
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 November 2024	42,185	42,185
	Additions	1,937	1,937
		─────────	─────────
	At 31 October 2025	44,122	44,122
		─────────	─────────
	Depreciation
	At 1 November 2024	16,994	16,994
	Charge for the financial year	8,740	8,740
		─────────	─────────
	At 31 October 2025	25,734	25,734
		─────────	─────────
	Net book value
	At 31 October 2025	18,388	18,388
		═════════	═════════
	At 31 October 2024	25,191	25,191
		═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	10,200	-
	Director's current account (Note 9)	242,844	-
	Taxation (Note 7)	1,907	771
	Prepayments and accrued income	3,181	3,117
		─────────	─────────
		258,132	3,888
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Client bank overdrafts	(66,187)	-
	Amounts owed to group undertakings	(65,445)	-
	Taxation (Note 7)	3,186	4,153
	Director's current account	-	41,427
	Other creditors	702	5,876
	Accruals	13,637	2,480
		─────────	─────────
		(114,107)	53,936
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	1,907	771
		═════════	═════════
	Creditors:
	Corporation tax	3,186	4,153
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2025

2024

At financial year start

6,267

6,267

Charged to income and expenditure

(1,332)

(1,332)

6,267

─────────

At financial year end

4,935

6,267

═════════

Director's advances, credits and guarantees

During the financial year, the company made a loan to a director amounting to £242,844. This was repaid within 9 months of the year end.

10.

Controlling interest

Mr N.Tiffney is the company's ultimate controlling party as he holds 100% of the ordinary share capital.