1 October 2024 false No description of principal activity Taxfiler 2024.6 true NC001151 business:LimitedLiabilityPartnershipLLP 2024-10-01 2025-09-30 NC001151 2024-09-30 NC001151 2024-10-01 2025-09-30 NC001151 business:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 NC001151 business:FilletedAccounts 2024-10-01 2025-09-30 NC001151 2025-09-30 NC001151 2024-09-30 NC001151 core:WithinOneYear 2025-09-30 NC001151 core:WithinOneYear 2024-09-30 NC001151 business:SmallEntities 2024-10-01 2025-09-30 NC001151 business:PartnerLLP1 2024-10-01 2025-09-30 NC001151 core:LandBuildings 2024-10-01 2025-09-30 NC001151 core:PlantMachinery 2024-10-01 2025-09-30 NC001151 countries:NorthernIreland 2024-10-01 2025-09-30 NC001151 business:RegisteredOffice 2024-10-01 2025-09-30 NC001151 core:LandBuildings 2024-09-30 NC001151 core:LandBuildings 2025-09-30 NC001151 2023-04-01 2024-09-30 iso4217:GBP xbrli:pure
Registered No. NC001151 (Northern Ireland)
Belvoir Park LLP Unaudited accounts for the year ended 30 September 2025
Belvoir Park LLP Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
156,001
156,001
Current assets
Inventories
1,136,740
1,050,715
Debtors
489
97,250
Cash at bank and in hand
91,498
186,811
1,228,727
1,334,776
Creditors: amounts falling due within one year
4
(36,660)
(150,992)
Net current assets
1,192,067
1,183,784
Net assets attributable to members
1,348,068
1,339,785
Represented by:
Loans and other debts due to members
5
1,348,068
1,339,785
1,348,068
1,339,785
Total members' interests
Loans and other debts due to members
1,348,068
1,339,785
1,348,068
1,339,785
For the year ending 30 September 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 4 December 2025.
Neptune Group Limited Designated member Limited Liability Partnership Registration No. NC001151
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Belvoir Park LLP Notes to the Accounts for the year ended 30 September 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Going concern
Having reviewed the resources available the members believe that Belvoir Park LLP has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, Belvoir Park LLP continues to adopt the going concern basis in the preparation of its financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
20% Straight Line
Inventories
Inventories in respect of development property have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Members' remuneration
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
2
Statutory information
Belvoir Park LLP is a limited liability partnership, incorporated in Northern Ireland, registration number NC001151. Its registered office is 13 Main Street, Hillsborough, BT26 6AE, United Kingdom.
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Belvoir Park LLP Notes to the Accounts for the year ended 30 September 2025
3
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 October 2024
156,001
At 30 September 2025
156,001
Depreciation
At 30 September 2025
-
Net book value
At 30 September 2025
156,001
At 30 September 2024
156,001
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
24,580
73,548
Taxes and social security costs
-
66,404
Accruals
12,080
11,040
36,660
150,992
5
Loans and other debts due to members
2025
2024
£
£
Amounts due to members in respect of profits
1,348,068
1,339,785
Amounts falling due within one year
1,348,068
1,339,785
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Transactions with related parties
Included within debtors are amounts due from connected companies of £0 (2024: £93,486).
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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