Bella Escapes Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12258936

Bella Escapes Limited

Unaudited financial statements

31 May 2025

Bella Escapes Limited

Statement of financial position

31 May 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	115,133	130,833
Tangible assets	6	3,453,672	3,464,179
		-----------	-----------
		3,568,805	3,595,012

Current assets

Stocks		38,715	37,770
Debtors	7	92,954	98,235
Cash at bank and in hand		51,819	35,994
		---------	---------
		183,488	171,999

Creditors: Amounts falling due within one year	8	( 2,339,281)		( 2,035,659)
		-----------		-----------
Net current liabilities			( 2,155,793)		( 1,863,660)
			-----------		-----------
Total assets less current liabilities			1,413,012		1,731,352

Creditors: Amounts falling due after more than one year	9	( 2,027,195)	( 2,075,400)
		-----------	-----------
Net liabilities		( 614,183)	( 344,048)
		-----------	-----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 614,283)	( 344,148)
	---------	---------
Shareholders deficit	( 614,183)	( 344,048)
	---------	---------

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 income statement has not been delivered.

For the year ending 31 May 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 .

Bella Escapes Limited

Statement of financial position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

V R C Bush	Mrs N Bush
Director	Director

Company registration number: 12258936

Bella Escapes Limited

Notes to the financial statements

Year ended 31 May 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 Cley Windmill, The Quay, Cley-Next-The-Sea, Holt, Norfolk, NR25 7RP, United Kingdom.

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.

Going concern

The company has the continued support of its directors and secured creditors. The directors therefore expect the company will be able to trade for the foreseeable future and the accounts have therefore been prepared under a going concern basis. Should this basis not be appropriate it may prove necessary to write assets down to their net recoverable value and to provide for additional liabilities that may arise. It would also be necessary to reclassify amounts falling due after more than one year to to current liabilities.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

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

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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 and fittings	-	20% straight line
Equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of employees during the year was 20 (2024: 20 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 June 2024 and 31 May 2025	157,000
	---------
Amortisation
At 1 June 2024	26,167
Charge for the year	15,700
	---------
At 31 May 2025	41,867
	---------
Carrying amount
At 31 May 2025	115,133
	---------
At 31 May 2024	130,833
	---------

6. Tangible assets

	Freehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 June 2024	3,438,333	53,176	2,090	3,493,599
Additions	–	–	250	250
	-----------	-------	------	-----------
At 31 May 2025	3,438,333	53,176	2,340	3,493,849
	-----------	-------	------	-----------
Depreciation
At 1 June 2024	–	27,377	2,043	29,420
Charge for the year	–	10,632	125	10,757
	-----------	-------	------	-----------
At 31 May 2025	–	38,009	2,168	40,177
	-----------	-------	------	-----------
Carrying amount
At 31 May 2025	3,438,333	15,167	172	3,453,672
	-----------	-------	------	-----------
At 31 May 2024	3,438,333	25,799	47	3,464,179
	-----------	-------	------	-----------

7. Debtors

	2025	2024
	£	£
Trade debtors	1,420	1,420
Other debtors	91,534	96,815
	-------	-------
	92,954	98,235
	-------	-------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	47,111	80,959
Amounts owed to group undertakings	1,763,396	1,804,682
Social security and other taxes	92,731	21,939
Other creditors	436,043	128,079
	-----------	-----------
	2,339,281	2,035,659
	-----------	-----------

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	2,027,195	2,075,400
	-----------	-----------

The bank loan is secured against the assets of the company.

10. Parent company

The parent company of Bella Escapes Limited is Theotis Limited and its registered office is Cley Windmill The Quay, Cley-Next-The-Sea, Holt, Norfolk, United Kingdom, NR25 7RP.