Bellevue Student Limited 30/06/2025 iXBRL

Company registration number: 09091889

Bellevue Student Limited

Unaudited filleted financial statements

30 June 2025

Bellevue Student Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Bellevue Student Limited

Directors and other information


	Directors	Mr H Jones
		Mr S Jones


	Secretary	Mr H Jones


	Company number	09091889


	Registered office	Bangor Business Centre
		2 Farrar Road
		Bangor
		Gwynedd
		LL57 1LJ


	Business address	Bron Derw
		Garth Road
		Bangor
		Gwynedd
		LL57 2RT


	Accountants	Parker, O'Regan, Tann & Co
		Bangor Business Centre
		2 Farrar Road
		Bangor
		Gwynedd
		LL57 1LJ

Bellevue Student Limited

Chartered Certified accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Bellevue Student Limited

Year ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bellevue Student Limited for the year ended 30 June 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com.

This report is made solely to the board of directors of Bellevue Student Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bellevue Student Limited and state those matters that we have agreed to state to the board of directors of Bellevue Student Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bellevue Student Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Bellevue Student Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bellevue Student Limited. You consider that Bellevue Student Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bellevue Student Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Parker, O'Regan, Tann & Co

Chartered Certified Accountants

Bangor Business Centre

2 Farrar Road

Bangor

Gwynedd

LL57 1LJ

21 April 2026

Bellevue Student Limited

Statement of financial position

30 June 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	9,255,680		8,663,725
		_______		_______
			9,255,680		8,663,725

Current assets
Debtors	6	139,593		104,582
Cash at bank and in hand		82,476		127,966
		_______		_______
		222,069		232,548
Creditors: amounts falling due
within one year	7	( 501,488)		( 522,400)
		_______		_______
Net current liabilities			( 279,419)		( 289,852)
			_______		_______
Total assets less current liabilities			8,976,261		8,373,873

Creditors: amounts falling due
after more than one year	8		( 4,415,490)		( 4,496,251)

Provisions for liabilities			( 911,715)		( 791,226)

			_______		_______
Net assets			3,649,056		3,086,396
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			3,649,054		3,086,394
			_______		_______
Shareholders funds			3,649,056		3,086,396
			_______		_______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 comprehensive income has not been delivered.

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

Mr H Jones

Director

Company registration number: 09091889

Bellevue Student Limited

Notes to the financial statements

Year ended 30 June 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 Bangor Business Centre, 2 Farrar Road, Bangor, Gwynedd, LL57 1LJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents the rents receivable from letting of student properties for the period. Turnover is net of trade discounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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 are 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:


Freehold property	-	Nil
Fittings fixtures and equipment	-	25.00 %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 6 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost or valuation
At 1 July 2024	8,573,565	277,339	8,850,904
Additions	110,000	99,676	209,676
Revaluation	440,000	-	440,000
	_______	_______	_______
At 30 June 2025	9,123,565	377,015	9,500,580
	_______	_______	_______
Depreciation
At 1 July 2024	-	187,180	187,180
Charge for the year	-	57,720	57,720
	_______	_______	_______
At 30 June 2025	-	244,900	244,900
	_______	_______	_______
Carrying amount
At 30 June 2025	9,123,565	132,115	9,255,680
	_______	_______	_______
At 30 June 2024	8,573,565	90,159	8,663,724
	_______	_______	_______

The investment properties have been valued by the directors at fair value. The historical cost of the investment properties amount to £5,598,819 (2024 - £5,498,819).

6. Debtors

	2025	2024
	£	£
Other debtors	139,593	104,582
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	80,761	74,206
Trade creditors	66,185	204,206
Corporation tax	77,552	8,474
Social security and other taxes	7,903	2,618
Other creditors	269,087	232,896
	_______	_______
	501,488	522,400
	_______	_______

The bank loans are secured on the investment properties and personal guarantees from the directors.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	4,415,490	4,496,251
	_______	_______

The bank loans are secured on the investment properties and personal guarantees from the directors.

Included within creditors: amounts falling due after more than one year is an amount of £ 4,092,444 (2024 £ 4,199,428 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.