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REGISTERED NUMBER: 02546195 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

Sectorsure Limited

Sectorsure Limited (Registered number: 02546195)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sectorsure Limited

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTORS: Mr L J P Trevellyan
Mr L D Trevellyan



SECRETARY: Mr L J P Trevellyan



REGISTERED OFFICE: Estate Management Office
Greenhills Estate
Tilford Road, Tilford
Farnham
Surrey
GU10 2DZ



REGISTERED NUMBER: 02546195 (England and Wales)



AUDITORS: Cooper Dawn Jerrom Limited
Statutory Auditors and Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ



BANKERS: Natwest plc
Moorgate Branch
PO Box 712
94 Moorgate
London
EC2M 6XT



SOLICITORS: Wellers Law Group LLP
6 Bishopsmead Parade
East Horsley
Surrey
KT24 6SR

Sectorsure Limited (Registered number: 02546195)

STATEMENT OF FINANCIAL POSITION
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 31,554,408 27,837,052
31,554,408 27,837,052

CURRENT ASSETS
Debtors 6 238,895 2,735,138
Cash at bank 1,646 5,343
240,541 2,740,481
CREDITORS
Amounts falling due within one year 7 2,875 2,815
NET CURRENT ASSETS 237,666 2,737,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,792,074

30,574,718

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 31,554,208 27,836,852
Retained earnings 237,766 2,737,766
SHAREHOLDERS' FUNDS 31,792,074 30,574,718

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 28 April 2025 and were signed on its behalf by:





Mr L J P Trevellyan - Director


Sectorsure Limited (Registered number: 02546195)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Sectorsure 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Sectorsure Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Trevellyan Developments Limited, Estate Management Office, Greenhills Rural Enterprise Centre, Tilford Road, Farnham, Surrey, GU10 2DZ.

Investments in subsidiaries
Investments in subsidiaries are held at fair value with changes recognised in other comprehensive income and movements within the fair value reserve

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 August 2023 27,837,052
Share of profit/(loss) 3,717,356
At 31 July 2024 31,554,408
NET BOOK VALUE
At 31 July 2024 31,554,408
At 31 July 2023 27,837,052

Sectorsure Limited (Registered number: 02546195)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 July 2024 is represented by:

Shares in
group
undertakings
£   
Valuation in 2015 1,012,271
Valuation in 2016 452,160
Valuation in 2017 1,408,328
Valuation in 2018 3,605,438
Valuation in 2019 3,725,696
Valuation in 2020 6,723,268
Valuation in 2021 6,053,435
Valuation in 2022 1,152,706
Valuation in 2023 3,703,750
Valuation in 2024 3,717,356
31,554,408

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors - 225
Amounts owed by group undertakings 238,765 2,734,913
Other debtors 130 -
238,895 2,735,138

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 1 -
Taxation and social security - 70
Other creditors 2,874 2,745
2,875 2,815

8. RESERVES
Fair
value
reserve
£   
At 1 August 2023 27,836,852
Revaluation 3,717,356

At 31 July 2024 31,554,208

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Amos (Senior Statutory Auditor)
for and on behalf of Cooper Dawn Jerrom Limited

Sectorsure Limited (Registered number: 02546195)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Trevellyan Developments Limited.

The ultimate controlling party is Mr L J P Trevellyan.

12. UNUSED COMMITED BANK FACILITIES

As at 31st July 2024 the company had access to the group's unused bank facilities amounting to £9,590,000 under a facility which is cross guaranteed between the holding company and fellow subsidiaries. In addition, group cash balances at 31st July 2024 were £1,660,357 making total funds available of £11,250,357.