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Registered number: 00367492
Beltowin Estates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Nuvo Accountancy Limited (Brays, Otley)
Building Society Chambers
Wesley Street
Otley
LS21 1AZ
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors C D Towler
T J Towler
M J Towler
Company Number 00367492
Registered Office Building Society Chambers
Wesley Street
Otley
LS21 1AZ
Accountants Nuvo Accountancy Limited (Brays, Otley)
Chartered Certified Accountants
Building Society Chambers
Wesley Street
Otley
LS21 1AZ
Page 1
Page 2
Balance Sheet
Registered number: 00367492
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 3,265,000 3,210,000
3,265,000 3,210,000
CURRENT ASSETS
Debtors 5 132,954 100,266
Cash at bank and in hand 246,093 267,005
379,047 367,271
Creditors: Amounts Falling Due Within One Year 6 (127,390 ) (130,403 )
NET CURRENT ASSETS (LIABILITIES) 251,657 236,868
TOTAL ASSETS LESS CURRENT LIABILITIES 3,516,657 3,446,868
PROVISIONS FOR LIABILITIES
Deferred Taxation (106,642 ) (82,892 )
NET ASSETS 3,410,015 3,363,976
CAPITAL AND RESERVES
Called up share capital 7 16,500 16,500
Fair value reserve 8 529,867 458,617
Profit and Loss Account 2,863,648 2,888,859
SHAREHOLDERS' FUNDS 3,410,015 3,363,976
Page 2
Page 3
For the year ending 31 March 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 23 September 2026 and were signed on its behalf by:
T J Towler
Director
23 September 2026
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Beltowin Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00367492 . The registered office is Building Society Chambers, Wesley Street, Otley, LS21 1AZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 rendering of services. Turnover is reduced for rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised in the period in which the services are provided 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.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Investment Property
2026
£
Fair Value
As at 1 April 2025 3,210,000
Fair value adjustments 55,000
As at 31 March 2026 3,265,000
The 2026 valuations were made by the directors, Mr C D Towler FRICS and Mr T J Towler MRICS.
Page 4
Page 5
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 132,954 100,266
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 65,499 64,432
Taxation and social security 61,891 65,971
127,390 130,403
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 16,500 16,500
8. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 April 2025 458,617 2,888,859
Profit for the year and total comprehensive income - 178,039
Dividends paid - (132,000)
Movements in fair value reserve 71,250 -
Transfer to/from Fair value reserve - (71,250)
As at 31 March 2026 529,867 2,863,648
Page 5