BELVEDERE COMMERCIAL AND RESIDENTIAL LTD


Director	OWENS, Catherine Alexandra


Registered Address	Belvedere, 747 Durham Road
	Gateshead
	NE9 6AT


Registered Number	12841546 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		22,804		28,505
			22,804		28,505
Current assets
Debtors		82,448		100,700
Cash at bank and on hand		134,867		104,570
		217,315		205,270
Creditors amounts falling due within one year	4	(113,942)		(86,859)
Net current assets (liabilities)			103,373		118,411
Total assets less current liabilities			126,177		146,916
Creditors amounts falling due after one year	5		(17,915)		(21,698)
Net assets			108,262		125,218
Capital and reserves
Called up share capital			1		1
Profit and loss account			108,261		125,217
Shareholders' funds			108,262		125,218

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 17 August 2026, and are signed on its behalf by:

OWENS, Catherine Alexandra
Director
Registered Company No. 12841546

BELVEDERE COMMERCIAL AND RESIDENTIAL LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Vehicles	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		12

3.	Tangible fixed assets

	Vehicles	Total
	£	£
Cost or valuation
At 01 September 24	45,075	45,075
At 31 August 25	45,075	45,075
Depreciation and impairment
At 01 September 24	16,570	16,570
Charge for year	5,701	5,701
At 31 August 25	22,271	22,271
Net book value
At 31 August 25	22,804	22,804
At 31 August 24	28,505	28,505

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,214	4,683
Bank borrowings and overdrafts	67,232	37,743
Taxation and social security	40,403	41,457
Other creditors	3,093	2,976
Total	113,942	86,859


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	17,915	21,698
Total	17,915	21,698

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	17,915		21,698