BELIEVE LEOTARDS LIMITED


Director	VORSTER, Annabelle Sandra


Registered Address	11 Chalfont Road
	Maple Cross
	Rickmansworth
	WD3 9TA


Registered Number	15974805 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		2,010
			2,010
Current assets
Debtors	4	201,590
Cash at bank and on hand		3,208
		204,798
Creditors amounts falling due within one year	5	(168,029)
Net current assets (liabilities)			36,769
Total assets less current liabilities			38,779
Net assets			38,779
Capital and reserves
Called up share capital			10
Profit and loss account			38,769
Shareholders' funds			38,779

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Board of Directors on 23 October 2026, and are signed on its behalf by:

VORSTER, Annabelle Sandra
Director
Registered Company No. 15974805

BELIEVE LEOTARDS LIMITED

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees
	All work is performed by subcontractors, predominantly employed by the parent company, Bellvors Limited.


		2025
	Average number of employees during the year	0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	Additions	3,289
	Disposals	(551)
	At 30 September 25	2,738
	Depreciation and impairment
	Charge for year	1,069
	On disposals	(341)
	At 30 September 25	729
	Net book value
	At 30 September 25	2,010
	At 23 September 24	-

4.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	1,299
	Amounts owed by group undertakings	191,846
	Other debtors	6,467
	Prepayments and accrued income	1,978
	Total	201,590

5.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	30,927
	Amounts owed to related parties	2,094
	Taxation and social security	15,220
	Accrued liabilities and deferred income	119,788
	Total	168,029

6.	Share capital
	Share capital represents 100 Ordinary 10p shares issued and fully paid.

7.	Related party transactions
	During the year the company obtained services from it's parent company, Bellvors Limited, totalling £101,223. In addition to the services above it also purchased goods for resale totalling £40,000 from the same company. The company experienced a significant delay attempting to open a company bank account and payments were collected by the parent company throughout the year. The amount due to the company at 30 September 2025 was £191,846. The above balance is interest free and repayable on demand.

Related party transactions

During the year the company obtained services from it's parent company, Bellvors Limited, totalling £101,223. 

In addition to the services above it also purchased goods for resale totalling £40,000 from the same company.

The company experienced a significant delay attempting to open a company bank account and payments were collected by the parent company throughout the year. The amount due to the company at 30 September 2025 was £191,846. 

The above balance is interest free and repayable on demand.

8.	Controlling party
	The controlling party is Bellvors Limited, a UK registered company having its registered office at the same address as the company. The ultimate controlling party is Annabelle Vorster, the company director and sole shareholder in Bellvors Limited.

9.	Parent-subsidiary relationships
	Bellvors Limited, a company registered in England, owns 75% of the issued share capital as at 30 September 2025. Since the end of the financial year and prior to the completion of this report, the parent company has acquired the remaining 25%.