REGISTERED NUMBER: 09748497 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BELVIDERE COURT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Ahmed

Dr S K Ahmed

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

09748497 (England and Wales)

AUDITORS:

Luckmans Duckett Parker Limited

Chartered Accountants

Statutory Auditors

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

1,122,997

1,144,623

CURRENT ASSETS

Debtors

5

1,385,882

1,239,345

Cash at bank

33,607

61,574

1,419,489

1,300,919

CREDITORS

Amounts falling due within one year

6

1,168,639

1,358,675

NET CURRENT ASSETS/(LIABILITIES)

250,850

(57,756

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,373,847

1,086,867

CREDITORS

Amounts falling due after more than one year

7

(950,042

)

(1,007,724

)

PROVISIONS FOR LIABILITIES

(13,175

)

(16,345

)

NET ASSETS

410,630

62,798

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

410,530

62,698

410,630

62,798

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 2 October 2026 and were signed on its behalf by:

Dr S K Ahmed - Director

1.	STATUTORY INFORMATION

Belvidere Court Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements for the year ended 31 December 2025 have been prepared on a going concern basis.

For part of the year the company was part of Armighorn Capital Limited, which operated on a group-wide cash flow management model. On 27 June 2025, the company left the group and the immediate parent company became Belvidere Court Holdings Limited with the director, Dr S K Ahmed, becoming the ultimate controlling party.

The company achieved a profit for the year and shows net current assets and net assets at the balance sheet date. The directors have prepared forecasts from the date of signing these financial statements to 31 December 2027 which demonstrates cash flow can be managed.

Notwithstanding the above, the directors believes that the company will continue as a going concern.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned members within the group.

Turnover

Turnover represents fees receivable in respect of residential care services provided to residents.Turnover is recognised to the extent that performance occurs and is measured at fair value of the fees receivable. Fees not invoiced to residents by the balance sheet date are included in debtors as accrued income. Fees invoiced to residents in advance of future periods are included in creditors as deferred income.

Tangible fixed assets

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

Freehold property

-

1% on cost- SL

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand that are readily convertible to a known amount of cash and are subject to insignificant risk to changes in value. These are shown as current assets.

Bank overdrafts are shown within borrowings in current liabilities in the balance sheet.

Short term creditors, loans and borrowing

Short term creditors with no stated interest rate that are payable within one year are stated at transaction price. Any losses from impairment are recognised in the profit and loss account.

Bank loans and borrowing are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method less impairment. Loans and borrowings that are receivable within one year are not discounted. If an arrangement constitutes a finance transaction it is measured at present value of future payments discounted at a market rate of interest for a similar loan.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 77 (2024 - 72 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

1,180,829

128,974

-

1,309,803

Additions

-

-

449

449

At 31 December 2025

1,180,829

128,974

449

1,310,252

DEPRECIATION

At 1 January 2025

104,160

61,020

-

165,180

Charge for year

11,808

10,193

74

22,075

At 31 December 2025

115,968

71,213

74

187,255

NET BOOK VALUE

At 31 December 2025

1,064,861

57,761

375

1,122,997

At 31 December 2024

1,076,669

67,954

-

1,144,623

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

199,563

94,882

Amounts owed by group undertakings

-

1,114,453

Other debtors

-

1,100

Amount owed by related parties

1,165,122

-

Prepayments and accrued income

21,197

28,910

1,385,882

1,239,345

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

52,675

54,448

Trade creditors

169,337

231,068

Tax

55,804

-

Social security and other taxes

165,762

304,003

Other creditors

146,196

139,488

Directors' current accounts

566,005

607,185

Accrued expenses

12,860

22,483

1,168,639

1,358,675

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans more than 1 year

58,491

54,448

Bank loans - 2-5 years

26,451

83,813

Bank loans more 5 yr by instal

865,100

869,463

950,042

1,007,724

31.12.25

31.12.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

865,100

869,463

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

1,002,717

1,062,172

Bank loan is secured by way of a floating charge against the freehold property.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Spafford FCA FCCA (Senior Statutory Auditor)

for and on behalf of Luckmans Duckett Parker Limited

10.	ULTIMATE CONTROLLING PARTY

On 27 June 2025 Armighorn Capital Limited ceased to be the immediate parent company and from this date the immediate parent company became Belvidere Court Holdings Limited.

Dr S K Ahmed is the ultimate controlling party through his ownership/control of Belvidere Court Holdings Limited.