IRIS Accounts Production v25.1.3.33 01322142 Board of Directors Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013221422023-08-31013221422024-08-31013221422023-09-012024-08-31013221422022-08-31013221422022-09-012023-08-31013221422023-08-3101322142ns15:EnglandWales2023-09-012024-08-3101322142ns14:PoundSterling2023-09-012024-08-3101322142ns10:Director12023-09-012024-08-3101322142ns10:Director22023-09-012024-08-3101322142ns10:Director32023-09-012024-08-3101322142ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3101322142ns10:SmallEntities2023-09-012024-08-3101322142ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3101322142ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3101322142ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3101322142ns10:FullAccounts2023-09-012024-08-3101322142ns10:OrdinaryShareClass12023-09-012024-08-3101322142ns10:RegisteredOffice2023-09-012024-08-3101322142ns5:CurrentFinancialInstruments2024-08-3101322142ns5:CurrentFinancialInstruments2023-08-3101322142ns5:ShareCapital2024-08-3101322142ns5:ShareCapital2023-08-3101322142ns5:RevaluationReserve2024-08-3101322142ns5:RevaluationReserve2023-08-3101322142ns5:RetainedEarningsAccumulatedLosses2024-08-3101322142ns5:RetainedEarningsAccumulatedLosses2023-08-3101322142ns5:FurnitureFittings2023-08-3101322142ns5:FurnitureFittings2024-08-3101322142ns5:FurnitureFittings2023-08-3101322142ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3101322142ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3101322142ns5:DeferredTaxation2023-08-3101322142ns5:OtherProvisionsContingentLiabilities2023-08-3101322142ns5:DeferredTaxation2024-08-3101322142ns5:OtherProvisionsContingentLiabilities2024-08-3101322142ns10:OrdinaryShareClass12024-08-3101322142ns5:RetainedEarningsAccumulatedLosses2023-08-3101322142ns5:RevaluationReserve2023-08-3101322142ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: 01322142 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

SANDIS INVESTMENTS LIMITED

SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SANDIS INVESTMENTS LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Ms A Disley
Ms C M Woodcock
Ms H A Disley





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 01322142 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)

Statement of Financial Position
31 AUGUST 2024

31/8/24 31/8/23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 1,350,000 1,350,000
1,350,000 1,350,000

CURRENT ASSETS
Debtors 6 - 1,064
Cash at bank 63,904 22,872
63,904 23,936
CREDITORS
Amounts falling due within one year 7 11,179 6,081
NET CURRENT ASSETS 52,725 17,855
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,402,725

1,367,855

PROVISIONS FOR LIABILITIES 8 271,258 271,258
NET ASSETS 1,131,467 1,096,597

CAPITAL AND RESERVES
Called up share capital 9 98 98
Revaluation reserve 10 993,525 993,525
Retained earnings 10 137,844 102,974
SHAREHOLDERS' FUNDS 1,131,467 1,096,597

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

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

SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)

Statement of Financial Position - continued
31 AUGUST 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:




Ms A Disley - Director Ms C M Woodcock - Director




Ms H A Disley - Director


SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Sandis Investments 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. 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 represents rents receivable from the investment properties owned by company.Rents are recognised up to the year end date.

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.

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis is measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or less in the period in which they arise.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 September 2023
and 31 August 2024 32,726
DEPRECIATION
At 1 September 2023
and 31 August 2024 32,726
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. INVESTMENT PROPERTY
Total
£
COST OR VALUATION
At 1 September 2023
and 31 August 2024 1,350,000
NET BOOK VALUE
At 31 August 2024 1,350,000
At 31 August 2023 1,350,000

Cost or valuation at 31 August 2024 is represented by:
£
Valuation in 2016 (120,910 )
Valuation in 2014 71,000
Valuation in 2011 914,783
Valuation in 2021 85,127
Valuation in 2022 400,000
1,350,000

If had not been revalued would have been included at the following historical cost:

31/8/24 31/8/23
£ £
Cost 85,127 85,127

Investment properties were valued on an open market basis on 31 August 2024 by the directors. This is based on comparables of similar establishments in the area.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£ £
Other debtors - 1,064

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£ £
Tax 8,179 3,308
Accrued expenses 3,000 2,773
11,179 6,081

8. PROVISIONS FOR LIABILITIES
31/8/24 31/8/23
£ £
Deferred tax
Other timing differences 271,258 271,258

SANDIS INVESTMENTS LIMITED (REGISTERED NUMBER: 01322142)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred Other
tax provisions
£ £
Balance at 1 September 2023 271,258 164,628
Balance at 31 August 2024 271,258 164,628

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £ £
98 Ordinary £1 98 98

10. RESERVES
Retained Revaluation
earnings reserve Totals
£ £ £

At 1 September 2023 102,974 993,525 1,096,499
Profit for the year 34,870 34,870
At 31 August 2024 137,844 993,525 1,131,369