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Company Registration No. 12080026 (England and Wales)
Severus Holdings Ltd Unaudited accounts for the year ended 30 June 2024
Severus Holdings Ltd Unaudited accounts Contents
Page
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Severus Holdings Ltd Company Information for the year ended 30 June 2024
Director
Richard Graham-Enock
Company Number
12080026 (England and Wales)
Registered Office
1 Wyndham House Wentworth Road Aldeburgh Suffolk IP155BB
Accountants
Steel Tax Endeavour Tax Partners Limited 5th Floor 167-169 Great Portland street London W1W 5PF
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Severus Holdings Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,587,000 
2,495,000 
Current assets
Cash at bank and in hand
221,674 
334,018 
Creditors: amounts falling due within one year
(254,739)
(429,628)
Net current liabilities
(33,065)
(95,610)
Total assets less current liabilities
2,553,935 
2,399,390 
Creditors: amounts falling due after more than one year
(1,493,174)
(1,455,379)
Net assets
1,060,761 
944,011 
Capital and reserves
Called up share capital
1 
1 
Share premium
278,729 
278,729 
Revaluation reserve
626,365 
534,365 
Profit and loss account
155,666 
130,916 
Shareholders' funds
1,060,761 
944,011 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 January 2025 and were signed on its behalf by
Richard Graham-Enock Director Company Registration No. 12080026
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Severus Holdings Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Severus Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12080026. The registered office is 1 Wyndham House, Wentworth Road, Aldeburgh, Suffolk, IP155BB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 July 2023
2,495,000 
Net gain from fair value adjustments
92,000 
At 30 June 2024
2,587,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(220)
Trade creditors
3,383 
1,308 
Other creditors
- 
25,000 
Loans from directors
251,356 
403,540 
254,739 
429,628 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,461,174 
755,379 
Trade creditors
- 
700,000 
Other creditors
32,000 
- 
1,493,174 
1,455,379 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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