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COMPANY REGISTRATION NUMBER: 00487264

BELLOW PROPERTIES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

BELLOW PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2025

| 2025 | 2024
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 |  | 3,296,492 |  | 3,297,285

CURRENT ASSETS

Debtors | 5 | 2,201,246 |  | 2,179,816 |
Cash at bank and in hand | 146,508 |  | 236,212 |
| ------------ |  | ------------ |
| 2,347,754 |  | 2,416,028 |

CREDITORS: amounts falling due within one year | 6 | ( 269,994) |  | ( 260,067) |
| ------------ |  | ------------ |
NET CURRENT ASSETS |  | 2,077,760 |  | 2,155,961
|  | ------------ |  | ------------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 5,374,252 |  | 5,453,246

CREDITORS: amounts falling due after more than one year | 7 |  | ( 1,210,506) |  | ( 1,221,518)

PROVISIONS

Taxation including deferred tax |  | ( 131,311) |  | ( 131,311)
|  | ------------ |  | ------------
NET ASSETS |  | 4,032,435 |  | 4,100,417
|  | ------------ |  | ------------

CAPITAL AND RESERVES

Called up share capital |  | 5,000 |  | 5,000
Profit and loss account |  | 4,027,435 |  | 4,095,417
|  | ------------ |  | ------------
SHAREHOLDERS FUNDS |  | 4,032,435 |  | 4,100,417
|  | ------------ |  | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

BELLOW PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025
These financial statements were approved by the board of directors and authorised for issue on 21 January 2026 , and are signed on behalf of the board by:

The Hon S J Bellow |
Director |

Company registration number: 00487264

BELLOW PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
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 revenue recognised by the company in respect of rents received, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & Fittings | - | 10% straight line
| Motor Vehicles | - | 25% straight line

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the straight line interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS

| Investment Property | Leasehold property | Furniture, fittings and equipment | Motor vehicles | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 May 2024 and 30 April 2025 | 2,900,000 | 394,294 | 34,407 | 24,224 | 3,352,925
| ------------ | --------- | -------- | -------- | ------------
Depreciation |  |  |  |  |
At 1 May 2024 | – | – | 31,416 | 24,224 | 55,640
Charge for the year | – | – | 793 | – | 793
| ------------ | --------- | -------- | -------- | ------------
At 30 April 2025 | – | – | 32,209 | 24,224 | 56,433
| ------------ | --------- | -------- | -------- | ------------
Carrying amount |  |  |  |  |
At 30 April 2025 | 2,900,000 | 394,294 | 2,198 | – | 3,296,492
| ------------ | --------- | -------- | -------- | ------------
At 30 April 2024 | 2,900,000 | 394,294 | 2,991 | – | 3,297,285
| ------------ | --------- | -------- | -------- | ------------

The market value of investment properties held as at 30th April 2025 have been calculated by the director, and have been valued at open market value.
5. DEBTORS

| 2025 | 2024
| £ | £
Trade debtors | 118,436 | 103,398
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 1,926,916 | 1,926,316
Other debtors | 155,894 | 150,102
| ------------ | ------------
| 2,201,246 | 2,179,816
| ------------ | ------------

6. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 10,000 | 10,000
Trade creditors | 195,491 | 181,001
Social security and other taxes | 5,121 | 5,511
Amounts owed to related companies | 2,764 | 2,764
Other creditors | 56,618 | 60,791
| --------- | ---------
| 269,994 | 260,067
| --------- | ---------

7. CREDITORS: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,210,506 | 1,220,805
Other creditors | – | 713
| ------------ | ------------
| 1,210,506 | 1,221,518
| ------------ | ------------