Belmont Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06440802 (England and Wales)

BELMONT INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S F Jones

REGISTERED OFFICE:

2 Park Pavilions Clos Llyn Cwm

Valley Way Enterprise Park

Swansea

SA6 8QY

REGISTERED NUMBER:

06440802 (England and Wales)

ACCOUNTANTS:

Bevan Buckland Ltd

Ground Floor Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

FIXED ASSETS

Investments

4

1

CREDITORS

Amounts falling due within one year

5

2,223,704

NET CURRENT LIABILITIES

(2,223,704

)

(2,223,704

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,223,703

)

(2,223,703

)

CAPITAL AND RESERVES

Called up share capital

6

163

Share premium

7

1,409,260

Retained earnings

7

(3,633,126

)

(3,633,126

)

SHAREHOLDERS' FUNDS

(2,223,703

)

(2,223,703

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 August 2026 and were signed by:

S F Jones - Director

1.	STATUTORY INFORMATION

Belmont Investments Limited 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.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

As at 31 December 2025, the company had net liabilities of £2,223,703 arising principally from amounts owed to group undertakings. The company is a non-trading intermediate holding company and is dependent upon the continued financial support of its parent undertaking and the wider group.

The directors have considered the company's financial position together with the support available from its parent undertaking and are satisfied that the company will have adequate resources to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

The parent undertaking has indicated that it will continue to provide financial support to the company for the foreseeable future and does not intend to seek repayment of amounts due where such repayment would prejudice the company's ability to continue as a going concern.

Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Creditors and provisions

Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including creditors, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Energist Limited

Registered office: UK

Nature of business: Manufacturer of medical instruments

%

Class of shares:

holding

Ordinary

100.00

Neogen Plasma Limited

Registered office: UK

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed to group undertakings

2,219,219

Other creditors

4,485

2,223,704

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

160

Ordinary A

16025

5

160

3

Ordinary

3050

3

163

Both classes of shares rank pari passau in all aspects apart from that Ordinary A shares have priority of returns of funds in the event of a winding up of the company.

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 January 2025

(3,633,126

)

1,409,260

(2,223,866

)

Profit for the year

-

At 31 December 2025

(3,633,126

)

1,409,260

(2,223,866

)

Share premium represents the amount subscribed for share capital in excess of the nominal value. There was no movement on the share premium account during the year.

The retained earnings account represents accumulated profits, losses and distributions of the company.

8.	OTHER FINANCIAL COMMITMENTS

The company has entered into cross guarantee for the group's bank in respect of the borrowings of its subsidiary Energist Ltd. At 31 December 2025 the contingent liability in respect of the borrowings is nil (2024: £nil).

The company is part of a cross guarantee to secure the shareholder loans and loan notes of its ultimate parent company. As at 31 December 2025, the value of these outstanding loans and loan notes, including accrued interest and redemption premiums was £32,867,517 (2024: £32,867,517).

9.	ULTIMATE CONTROLLING PARTY

The directors regard Energist (Holdings) Limited, a company registered in England and Wales as the ultimate parent company. Energist (Holdings) Limited has a 100% interest in the equity capital of Belmont Investments Limited.

As at 31 December 2025, the directors consider the ultimate controlling party to be Beaubridge Energist LLP by virtue of its shareholding in Energist (Holdings) Limited.