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REGISTERED NUMBER: 12075508 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st December 2023

for

SDND LIMITED

SDND LIMITED (REGISTERED NUMBER: 12075508)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

SDND LIMITED

Company Information
for the year ended 31st December 2023







DIRECTORS: I R Bramley
R M Bramley
O C Bramley





REGISTERED OFFICE: Juniper Place
Fircroft Way
Edenbridge
Kent
TN8 6EL





REGISTERED NUMBER: 12075508 (England and Wales)





ACCOUNTANTS: Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN

SDND LIMITED (REGISTERED NUMBER: 12075508)

Statement of Financial Position
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 95,000 95,000
Investment property 5 4,898,236 4,882,431
4,993,236 4,977,431

CURRENT ASSETS
Debtors 6 56,171 46,587
Cash at bank 733,606 152,191
789,777 198,778
CREDITORS
Amounts falling due within one year 7 2,195,620 1,257,565
NET CURRENT LIABILITIES (1,405,843 ) (1,058,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,587,393 3,918,644

CREDITORS
Amounts falling due after more than one
year

8

-

616,288
NET ASSETS 3,587,393 3,302,356

CAPITAL AND RESERVES
Called up share capital 126,224 126,224
Share premium 1,543,776 1,543,776
Retained earnings 1,917,393 1,632,356
3,587,393 3,302,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

SDND LIMITED (REGISTERED NUMBER: 12075508)

Statement of Financial Position - continued
31st December 2023


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th August 2024 and were signed on its behalf by:





I R Bramley - Director


SDND LIMITED (REGISTERED NUMBER: 12075508)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

SDND 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

SDND LIMITED (REGISTERED NUMBER: 12075508)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2023
and 31st December 2023 95,000
NET BOOK VALUE
At 31st December 2023 95,000
At 31st December 2022 95,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2023 4,882,431
Additions 15,805
At 31st December 2023 4,898,236
NET BOOK VALUE
At 31st December 2023 4,898,236
At 31st December 2022 4,882,431

Fair value at 31st December 2023 is represented by:
£   
Valuation in 2019 4,882,431
Valuation in 2023 15,805
4,898,236

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 56,171 46,587

SDND LIMITED (REGISTERED NUMBER: 12075508)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 29,701
Trade creditors 4,875 14,097
Amounts owed to group undertakings 1,122,886 1,122,886
Tax 87,661 20,972
Social security and other taxes 28,951 18,901
Other creditors 36,020 13,813
Directors' current accounts 884,321 4,294
Accrued expenses 30,906 32,901
2,195,620 1,257,565

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years - 29,701
Bank loans - 2-5 years - 89,102
Bank loans more 5 yr by instal - 497,485
- 616,288

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 497,485

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SDND Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SDND Limited for the year ended 31st December 2023 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SDND Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SDND Limited and state those matters that we have agreed to state to the Board of Directors of SDND Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SDND Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SDND Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SDND Limited. You consider that SDND Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SDND Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN


15th August 2024