Belina Grow CIC - Accounts

Belina Grow CIC
Balance Sheet
As at 31 January 2026

	2026 £	2025 £
Current assets
Debtors	33,454	32,411
Cash at bank and in hand	89,240	71,393
	122,694	103,804
Creditors: amount falling due within one year	(85,465)	(65,715)
Net current assets	37,229	38,089

Total assets less current liabilities	37,229	38,089
Net assets	37,229	38,089

Reserves
Income and expenditure account	37,229	38,089
Members' funds	37,229	38,089

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 and expenditure account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 11 September 2026 and were signed on its behalf by:

-------------------------------
Elizabeth-Anne Sewell
Director

Belina Grow CIC
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Belina Grow CIC is a private company, limited by guarantee, registered in England and Wales, registration number 14589536, registration address 536 Ben Jonson House Barbican, London, England, , EC2Y 8NH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover is recognised in the Income statement when the company is entitled to the income, the amount can be measured reliably, and it is probable that the income will be received. The following specific policies apply:
Restricted Grants: Income from restricted grants, which are provided for specific purposes, is recognised in the financial statements as income when the related conditions are met. Where the grant relates to a specific period or project, the income is recognised over the period to which it relates. Any unspent amounts at the year-end are carried forward as deferred income.
Unrestricted Grants: Income from unrestricted grants is recognised in full in the financial period in which the grant is received, unless there are specific conditions that require deferral.

Sponsorship Fees

Sponsorship income is recognised as income when the related event, project, or deliverable has been completed. If the sponsorship relates to a future period or event, the income is deferred and recognised in the period in which the event or project occurs.

Deferred Income

Income received in advance of the related service or activity being performed is deferred and recognised as a liability in the balance sheet. It is released to income in the period in which the service or activity is performed.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Directors' Emoluments

	2026 £	2025 £
Administrative Expenses
Directors Salaries	68,085	41,737
Directors Pension Contributions	3,380	2,160
	71,465	43,897

3.	Average number of employees Average number of employees during the year was 6 (2025 : 6).

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2026 £	2025 £	2026 £	2025 £
Directors Fee	28,083	(31,846)	0	0
Related Parties - Belina Consulting Limited Expenses	2,316	(24,465)	0	0

During the year Mercedes Grant and Laura Ann Dewar received fees of £12,942 (2024 -£20,749) and £ 15,141 (2024 - £11,097) respectively for services provided during the year.
During the year, Belina Grow CIC were recharged a support fee of £2,316 (2024 - £24,465), and at the end of the year there was no balance outstanding to Belina Consulting Limited.

Registered Number: 14589536
England and Wales
BELINA GROW CIC

Abridged Accounts

Period of accounts Start date: 01 February 2025 End date: 31 January 2026