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REGISTERED NUMBER: 03491527 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Bellview Estates Limited

Bellview Estates Limited (Registered number: 03491527)

Contents of the Financial Statements

for the Year Ended 31 January 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Bellview Estates Limited

Company Information

for the Year Ended 31 January 2025

| DIRECTOR: | J Friedman

| SECRETARY: | Mrs R Friedman

| REGISTERED OFFICE: | 5 North End Road

| London

| NW11 7RJ

| REGISTERED NUMBER: | 03491527 (England and Wales)

| ACCOUNTANTS: | London Accounting Group Ltd

Bellview Estates Limited (Registered number: 03491527)

Balance Sheet

31 January 2025

| 31.1.25 |  | 31.1.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,170 |  | 6,893 |  |

Investments | 5 | 200 |  | 100 |  |

Investment property | 6 | 16,806,685 |  | 16,729,999 |  |

16,812,055 |  | 16,736,992 |  |

CURRENT ASSETS

Debtors | 7 | 9,093,732 |  | 7,989,419 |  |

Cash at bank and in hand | 21,434 |  | 24,819 |  |

9,115,166 |  | 8,014,238 |  |

CREDITORS

Amounts falling due within one year | 8 | (3,373,044 | ) | (3,732,529 | ) |

NET CURRENT ASSETS | 5,742,122 |  | 4,281,709 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 22,554,177 |  | 21,018,701 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (11,803,119 | ) | (9,864,652 | ) |

PROVISIONS FOR LIABILITIES | 10 | (1,912,641 | ) | (1,912,641 | ) |

NET ASSETS | 8,838,417 |  | 9,241,408 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 1 |  | 1 |  |

Non distributable reserves | 8,527,525 |  | 8,527,525 |  |

Retained earnings | 310,891 |  | 713,882 |  |

SHAREHOLDERS' FUNDS | 8,838,417 |  | 9,241,408 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Bellview Estates Limited (Registered number: 03491527)

Balance Sheet - continued

31 January 2025

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 22 January 2026 and were signed by:

J Friedman - Director

Bellview Estates Limited (Registered number: 03491527)

Notes to the Financial Statements

for the Year Ended 31 January 2025

1. | STATUTORY INFORMATION

| Bellview Estates 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - 7 ).

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 February 2024

| and 31 January 2025 | 195,367 |  | 5,285 |  | 200,652 |  |

| DEPRECIATION

| At 1 February 2024 | 188,871 |  | 4,888 |  | 193,759 |  |

| Charge for year | 1,624 |  | 99 |  | 1,723 |  |

| At 31 January 2025 | 190,495 |  | 4,987 |  | 195,482 |  |

| NET BOOK VALUE

| At 31 January 2025 | 4,872 |  | 298 |  | 5,170 |  |

| At 31 January 2024 | 6,496 |  | 397 |  | 6,893 |  |

Bellview Estates Limited (Registered number: 03491527)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 February 2024 | 100 |  |

| Additions | 100 |  |

| At 31 January 2025 | 200 |  |

| NET BOOK VALUE

| At 31 January 2025 | 200 |  |

| At 31 January 2024 | 100 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2024 | 16,729,999 |  |

| Additions | 76,686 |  |

| At 31 January 2025 | 16,806,685 |  |

| NET BOOK VALUE

| At 31 January 2025 | 16,806,685 |  |

| At 31 January 2024 | 16,729,999 |  |

| Fair value at 31 January 2025 is represented by:

£ |

| Valuation in 2014 | 3,374,087 |  |

| Valuation in 2017 | 4,645,566 |  |

| Valuation in 2021 | 883,519 |  |

| Valuation in 2022 | 3,350,000 |  |

| Valuation in 2023 | 223,116 |  |

| Valuation in 2024 | (2,036,122 | ) |

| Cost | 6,366,519 |  |

16,806,685 |  |

| Investment properties are shown at 'Fair Value' based on director's valuation on an open market basis.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Trade debtors | 233,753 |  | 200,883 |  |

| Other debtors | 8,859,979 |  | 7,788,536 |  |

9,093,732 |  | 7,989,419 |  |

Bellview Estates Limited (Registered number: 03491527)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loans and overdrafts | 5,555 |  | 1,635,155 |  |

| Trade creditors | 34,049 |  | 3,062 |  |

| Taxation and social security | (2,462 | ) | 2,091 |  |

| Other creditors | 3,335,902 |  | 2,092,221 |  |

3,373,044 |  | 3,732,529 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loans | 11,803,119 |  | 9,864,652 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 11,778,581 |  | 9,833,833 |  |

| Repayable by instalments

| Bank Loan > 5 years | 2,318 |  | 11,503 |  |

10. | PROVISIONS FOR LIABILITIES

| 31.1.25 |  | 31.1.24

£ | £ |

| Deferred tax | 1,912,641 |  | 1,912,641 |  |

| Deferred |

| tax |

£ |

| Balance at 1 February 2024 | 1,912,641 |  |

| Balance at 31 January 2025 | 1,912,641 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.1.25 |  | 31.1.24

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

12. | RELATED PARTY DISCLOSURES

| Included within debtors are amounts totalling £5,909,282 (2024: £5,000,232) due from companies in which J Friedman is a director and/or a shareholder.

| Included within creditors are amounts totalling £1,804,304 (2024: £773,015) due to companies in which J Friedman is a director and/or a shareholder.