REGISTERED NUMBER: 02089025 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

BELFORD HALL MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

SM Corpe

Mrs VA Metcalf

DS Slesenger

JH Harris

JW Black

Mrs S Corpe

APR Moffoot

I Graham

Ms K Tindale

GD Roberts

Mrs C M Harris

Mrs C E Baker

G J Dunn

Ms P J Smith

REGISTERED OFFICE:

Belford Hall

Belford

Northumberland

NE70 7EY

REGISTERED NUMBER:

02089025 (England and Wales)

ACCOUNTANTS:

Greaves Grindle

Chartered Accountants

Victoria House

Bondgate Within

Alnwick

Northumberland

NE66 1TA

FIXED ASSETS

Tangible assets

4

46

56

CURRENT ASSETS

Debtors

5

12,309

12,604

Cash at bank

69,381

24,333

81,690

36,937

CREDITORS

Amounts falling due within one year

6

39,660

2,747

NET CURRENT ASSETS

42,030

34,190

TOTAL ASSETS LESS CURRENT LIABILITIES

42,076

34,246

CAPITAL AND RESERVES

Called up share capital

108

108

Retained earnings

41,968

34,138

SHAREHOLDERS' FUNDS

42,076

34,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 September 2026 and were signed on its behalf by:

Ms K Tindale - Director

1.	STATUTORY INFORMATION

Belford Hall Management Company 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.

Turnover

Turnover represents residents' service charges.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

3,527

5,848

9,375

DEPRECIATION

At 1 April 2025

3,471

5,848

9,319

Charge for year

10

-

10

At 31 March 2026

3,481

5,848

9,329

NET BOOK VALUE

At 31 March 2026

46

-

46

At 31 March 2025

56

-

56

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

595

450

Other debtors

11,714

12,154

12,309

12,604

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,442

1,052

Other creditors

38,218

1,695

39,660

2,747

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company derives almost all its income from its directors and shareholders. Transactions with directors are service charges received of £103,449 (2025: £112,597).

8.	LEASEHOLD PREMISES/MANAGEMENT CHARGES

The North East Civic Trust Limited holds the freehold of Belford Hall. Belford Hall Management Company Limited holds the Hall under a 999 year ten day lease which commenced on 25th May 1986. No rent is payable under this lease. The Hall is divided into individual apartments which are themselves held under sub-lease from the Belford Hall Management Company Limited. These also are 999 year ten day leases with the same starting date and with the annual rent for each apartment of 1 peppercorn payable to the Trust. The terms of the main lease and the sub leases are such that the lease holders of the individual apartments are required to pay management charges to the Management Company and the Management Company is responsible, amongst other things for the upkeep and maintenance of the Hall and grounds, for the insurance of the buildings, for the public liability insurance and for opening the grounds to the public for at least sixty days per year. Counsel's opinion has been taken to the effect that holiday sub-lettings are not allowable within the terms of the individual apartment leases.