| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2024 |
| for |
| SANDIS INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Revaluation reserve | 10 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1 September 2023 |
| and 31 August 2024 |
| DEPRECIATION |
| At 1 September 2023 |
| and 31 August 2024 |
| 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 |
| NET BOOK VALUE |
| At 31 August 2024 |
| At 31 August 2023 |
| 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 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/8/24 | 31/8/23 |
| £ | £ |
| Tax |
| Accrued expenses |
| 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 |
| Balance at 31 August 2024 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/8/24 | 31/8/23 |
| value: | £ | £ |
| Ordinary | £1 | 98 | 98 |
| 10. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 September 2023 | 1,096,499 |
| Profit for the year |
| At 31 August 2024 | 1,131,369 |