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REGISTERED NUMBER: 07472980 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sussex House Associates Ltd

Sussex House Associates Ltd (Registered number: 07472980)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sussex House Associates Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: V A Finegold
N M Finegold





REGISTERED OFFICE: NT Accountancy
43 Lynton Mead
London
N20 8DG





REGISTERED NUMBER: 07472980 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Sussex House Associates Ltd (Registered number: 07472980)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24 30
Investments 5 50 50
74 80

CURRENT ASSETS
Debtors 6 940,811 325,419
Investments 7 500,280 -
Cash at bank 16,417 894,193
1,457,508 1,219,612
CREDITORS
Amounts falling due within one year 8 475,772 241,027
NET CURRENT ASSETS 981,736 978,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

981,810

978,665

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 980,810 977,665
SHAREHOLDERS' FUNDS 981,810 978,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Sussex House Associates Ltd (Registered number: 07472980)

Balance Sheet - continued
31 December 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





N M Finegold - Director


Sussex House Associates Ltd (Registered number: 07472980)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sussex House Associates Ltd 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.

Revenue recognition
Turnover represents interest received from loan advances made.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 December 2024 1,648
DEPRECIATION
At 1 January 2024 1,618
Charge for year 6
At 31 December 2024 1,624
NET BOOK VALUE
At 31 December 2024 24
At 31 December 2023 30

Sussex House Associates Ltd (Registered number: 07472980)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 January 2024
and 31 December 2024 50
NET BOOK VALUE
At 31 December 2024 50
At 31 December 2023 50

6. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 418,133 45,228
Other debtors 54,345 5,191
472,478 50,419

Amounts falling due after more than one year:
Trade debtors 468,333 275,000

Aggregate amounts 940,811 325,419

7. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Listed investments 500,280 -
Market value of listed investments at 31 December 2024 - £ 709,551 .

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 210,200 205,400
Directors' current accounts 260,554 31,120
Accrued expenses 5,018 4,507
475,772 241,027

Sussex House Associates Ltd (Registered number: 07472980)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
N M Finegold
Balance outstanding at start of year - 525,311
Amounts repaid - (525,311 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -