REGISTERED NUMBER: 09148506 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

BELFAST ESTATES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N E Stern

REGISTERED OFFICE:

19 Belfast Road

London

N16 6U

REGISTERED NUMBER:

09148506 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

2,926

3,442

Investment property

5

1,042,795

1,042,795

1,045,721

1,046,237

CURRENT ASSETS

Debtors

6

713,720

720,023

Cash at bank

2

3

713,722

720,026

CREDITORS

Amounts falling due within one year

7

(377,165

)

(407,003

)

NET CURRENT ASSETS

336,557

313,023

TOTAL ASSETS LESS CURRENT LIABILITIES

1,382,278

1,359,260

CREDITORS

Amounts falling due after more than one year

8

(866,885

)

(874,321

)

NET ASSETS

515,393

484,939

CAPITAL AND RESERVES

Called up share capital

11

1

1

Revaluation reserve

12

326,550

326,550

Retained earnings

12

188,842

158,388

SHAREHOLDERS' FUNDS

515,393

484,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 July 2026 and were signed by:

N E Stern - Director

1.	STATUTORY INFORMATION

Belfast Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

14,108

DEPRECIATION

At 1 August 2024

10,666

Charge for year

516

At 31 July 2025

11,182

NET BOOK VALUE

At 31 July 2025

2,926

At 31 July 2024

3,442

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

1,042,795

NET BOOK VALUE

At 31 July 2025

1,042,795

At 31 July 2024

1,042,795

The director has confirmed that, there is no significant market value increase or decrease in properties.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

4,434

3,651

Other debtors

709,286

716,372

713,720

720,023

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

7,476

8,934

Other creditors

369,689

398,069

377,165

407,003

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans (see note 9)

837,731

843,202

Other creditors

29,154

31,119

866,885

874,321

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

837,731

837,731

Repayable by instalments

Bank loans more 5 yr by instal

-

5,471

9.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

29,154

31,119

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

837,731

837,731

Repayable by instalments

Bank loans more 5 yr by instal

-

5,471

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

837,731

843,202

Other loans

29,154

31,119

866,885

874,321

1. Long term bank loan is secured by first charge over the company's investment property.

2. Short term bank loan is unsecured and received under Bounceback Loan Scheme (BBL) which is guaranteed by UK government.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

100

Ordinary Share Capital

0.01

1

1

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 August 2024

158,388

326,550

484,938

Profit for the year

30,454

30,454

At 31 July 2025

188,842

326,550

515,392

13.	ULTIMATE CONTROLLING PARTY

The controlling party is N E Stern.