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
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
Severus Holdings Ltd
Statement of financial position
as at 30 June 2024
Investment property
2,587,000
2,495,000
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
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
Severus Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 July 2023
2,495,000
Net gain from fair value adjustments
92,000
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,383
1,308
Loans from directors
251,356
403,540
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,461,174
755,379
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).