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REGISTERED NUMBER: 13942143 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

25 FEBRUARY 2022 TO 28 FEBRUARY 2023

FOR

SF SERVICES EAST SUSSEX LIMITED

SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

BALANCE SHEET
28 FEBRUARY 2023

Notes £    £   
FIXED ASSETS
Investments 5 498,221

CURRENT ASSETS
Debtors 6 31,734
Cash at bank and in hand 73,249
104,983
CREDITORS
Amounts falling due within one year 7 4,182
NET CURRENT ASSETS 100,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

599,022

CREDITORS
Amounts falling due after more than
one year

8

600,000
NET LIABILITIES (978 )

CAPITAL AND RESERVES
Called up share capital 10 100
Non distributable reserve 11 19,380
Retained earnings (20,458 )
SHAREHOLDERS' FUNDS (978 )

SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

BALANCE SHEET - continued
28 FEBRUARY 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:




Dr S French - Director



Dr S Kochhar - Director


SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023


1. STATUTORY INFORMATION

SF Services East Sussex Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13942143

Registered office: 48 St Leonards Road
Bexhill on Sea
East Sussex
TN40 1JB

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The accounts have been prepared on a going concern basis notwithstanding the net liability currently shown on the balance sheet. The directors have confirmed their intention to support the company for at least the next 12 months.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023


3. ACCOUNTING POLICIES - continued
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 period end and that are expected to apply to the reversal of the timing difference.

Provision is made for tax on gains and losses arising from investment assets that are measured at fair value. This is measured using the tax rates and allowances that are expected to apply to the sale of the asset.

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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Fixed asset investments
The fixed asset investments are revalued annually to their fair value. The movement in value is recognised in the profit and loss account.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023


5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
Additions 535,051
Disposals (60,756 )
Revaluations 23,926
At 28 February 2023 498,221
NET BOOK VALUE
At 28 February 2023 498,221

Cost or valuation at 28 February 2023 is represented by:

Listed
investments
£   
Valuation in 2023 23,926
Cost 474,295
498,221

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 30,877
Corporation tax recoverable 217
Deferred tax asset 640
31,734

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Accruals and deferred income 4,182

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other loans more 5yrs non-inst 600,000

SF SERVICES EAST SUSSEX LIMITED (REGISTERED NUMBER: 13942143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
£   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 600,000

9. DEFERRED TAX
£   
Provided during period (640 )
Balance at 28 February 2023 (640 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
90 Ordinary £1 90
5 Ordinary A £1 5
5 Ordinary B £1 5
100

The following shares were allotted and fully paid for cash at par during the period:

90 Ordinary shares of £1 each
5 Ordinary A shares of £1 each
5 Ordinary B shares of £1 each

11. RESERVES
Non
distributable
reserve
£   
Revaluation of investments 19,380

At 28 February 2023 19,380