Belstead Limited - Filleted accounts

Registered number

02184380

Belstead Limited

Filleted Accounts

For the year ended 30 September 2025

Belstead Limited
Registered number:		02184380
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		730,870			1,040,299

Current assets
Debtors	4	104,601			2,607
Cash at bank and in hand		193,361			15,789
		297,962			18,396

Creditors: amounts falling due within one year	5	(7,608)			(3,920)

Net current assets			290,354			14,476

Total assets less current liabilities			1,021,224			1,054,775

Provisions for liabilities			(114,261)			(122,950)

Net assets			906,963			931,825

Capital and reserves
Called up share capital			100			100
Profit and loss account			906,863			931,725

Shareholders' funds			906,963			931,825

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 15 June 2026




Mrs C S Hunt
Director

Belstead Limited
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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from property rental.

	Tangible fixed assets and depreciation
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than land and buildings, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings and equipment			25% reducing balance
	Computer equipment			33% reducing balance


	Investment property
	Investment property is included at fair value. Revaluation adjustments are recognised in the profit and loss statement. Deferred taxation is provided on any property gains at the rate expected to apply when the property is sold.

	Creditors
	Short term creditors are measured at transaction price, which is usually the invoice price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date, as a result of a past event, and it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.




2	Employees					2025		2024
Number							Number

	Average number of employees (including Directors)					4		4



3	Tangible fixed assets
				Land and buildings		Fixtures fittings and equipment		Total
£					£		£
	Cost or valuation
	At 1 October 2024			1,040,000		8,559		1,048,559
	Additions			4,643		699		5,342
	Deficit on revaluation			(111,982)		-		(111,982)
	Disposals			(202,661)		(856)		(203,517)
	At 30 September 2025			730,000		8,402		738,402

	Depreciation
	At 1 October 2024			-		8,260		8,260
	Charge for the year			-		97		97
	On disposals			-		(825)		(825)
	At 30 September 2025			-		7,532		7,532

	Net book value
	At 30 September 2025			730,000		870		730,870
	At 30 September 2024			1,040,000		299		1,040,299


	Land and buildings:					2025		2024
£							£
	Historical cost					149,989		348,007
	Surplus on revaluation					580,011		691,993
						730,000		1,040,000

	The investment properties have been valued by the directors at 30 September 2025 based on agreed sales values.



4	Debtors					2025		2024
£							£

	Other debtors					104,601		2,607



5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					4,248		-
	Other creditors					3,360		3,920
						7,608		3,920


6	Loans to directors
	Interest terms: 2.50% p.a	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Miss J Bell	-		25,000		-		25,000
	Mrs C S Hunt	-		25,000		-		25,000
	Ms S J Bell	-		25,000		-		25,000
	Mr A G Bell	-		25,000		-		25,000
		-		100,000		-		100,000


7	Other information

	Belstead Limited is a private company limited by shares and incorporated in England. Its registered office is 9 Kent House, Old Bexley Business Park, Bourne Road, Bexley, Kent DA5 1LR.