REGISTERED NUMBER: 10113331 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BELFAST GROUP LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N E Stern

REGISTERED OFFICE:

19A Belfast Road

London

N16 6UN

REGISTERED NUMBER:

10113331 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

777

914

Investment property

5

515,276

515,276

516,053

516,190

CURRENT ASSETS

Debtors

6

1,318,439

1,318,981

Cash at bank

37

242

1,318,476

1,319,223

CREDITORS

Amounts falling due within one year

7

(1,350,724

)

(1,342,791

)

NET CURRENT LIABILITIES

(32,248

)

(23,568

)

TOTAL ASSETS LESS CURRENT LIABILITIES

483,805

492,622

CREDITORS

Amounts falling due after more than one year

8

(587,129

)

(586,164

)

NET LIABILITIES

(103,324

)

(93,542

)

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

(103,326

)

(93,544

)

SHAREHOLDERS' FUNDS

(103,324

)

(93,542

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 July 2026 and were signed by:

N E Stern - Director

1.	STATUTORY INFORMATION

Belfast Group 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.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 May 2024

and 30 April 2025

2,852

DEPRECIATION

At 1 May 2024

1,938

Charge for year

137

At 30 April 2025

2,075

NET BOOK VALUE

At 30 April 2025

777

At 30 April 2024

914

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

515,276

NET BOOK VALUE

At 30 April 2025

515,276

At 30 April 2024

515,276

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

7,215

6,834

Other debtors

1,311,224

1,312,147

1,318,439

1,318,981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

1,350,724

1,342,791

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

543,974

543,974

Other creditors

43,155

42,190

587,129

586,164

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

543,974

543,974

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

543,974

543,974

Other loans

43,155

42,190

587,129

586,164

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

2. Under the bank loan, £43,155 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 May 2024

(93,544

)

Deficit for the year

(9,782

)

At 30 April 2025

(103,326

)

12.	RELATED PARTY DISCLOSURES

Other Debtors (Note 6) relates to amounts due from companies connected to the director and his family members. The loans are interest free and repayable on demand.

Other Creditors (Note 7) relates to amounts due to companies connected to the director and his family members. The loans are interest free and payable on demand.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is N E Stern.