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REGISTERED NUMBER: 07793393 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Sood Investments (Leeds) Limited

Sood Investments (Leeds) Limited (Registered number: 07793393)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sood Investments (Leeds) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Dr R Sood
Dr M Sood





REGISTERED OFFICE: 48 Knowles Lane
Gomersal
Cleckheaton
West Yorkshire
BD19 4LE





REGISTERED NUMBER: 07793393 (England and Wales)





ACCOUNTANTS: Lindley Adams Limited Chartered Accountants
28 Prescott Street
Halifax
West Yorkshire
HX1 2LG

Sood Investments (Leeds) Limited (Registered number: 07793393)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 785 1,831
Investments 5 64,356 45,552
Investment property 6 147,102 211,028
212,243 258,411

CURRENT ASSETS
Debtors 7 1,472 1,527
Cash at bank 109,621 102,173
111,093 103,700
CREDITORS
Amounts falling due within one year 8 37,491 42,563
NET CURRENT ASSETS 73,602 61,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,845

319,548

PROVISIONS FOR LIABILITIES 284 8,708
NET ASSETS 285,561 310,840

CAPITAL AND RESERVES
Called up share capital 101 101
Fair value reserve 9 576 37,125
Retained earnings 284,884 273,614
SHAREHOLDERS' FUNDS 285,561 310,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Sood Investments (Leeds) Limited (Registered number: 07793393)

Balance Sheet - continued
30 September 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 27 June 2025 and were signed on its behalf by:




Dr R Sood - Director



Dr M Sood - Director


Sood Investments (Leeds) Limited (Registered number: 07793393)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Sood Investments (Leeds) 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

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.

The investment properties are not being depreciated in accordance with the Companies Act 2006, as their market value is equal to original cost. This departure is considered necessary by the directors in order to show a true and fair view.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Sood Investments (Leeds) Limited (Registered number: 07793393)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 8,752
Additions 499
Disposals (6,624 )
At 30 September 2024 2,627
DEPRECIATION
At 1 October 2023 6,921
Charge for year 355
Eliminated on disposal (5,434 )
At 30 September 2024 1,842
NET BOOK VALUE
At 30 September 2024 785
At 30 September 2023 1,831

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023 45,552
Revaluations 18,804
At 30 September 2024 64,356
NET BOOK VALUE
At 30 September 2024 64,356
At 30 September 2023 45,552

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2015 6,993
Valuation in 2016 (20,406 )
Valuation in 2017 7,323
Valuation in 2018 (6,182 )
Valuation in 2019 (6,127 )
Valuation in 2020 (15,130 )
Valuation in 2021 26,364
Valuation in 2022 (12,983 )
Valuation in 2023 4,196
Valuation in 2024 18,804
Cost 61,504
64,356

Sood Investments (Leeds) Limited (Registered number: 07793393)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


5. FIXED ASSET INVESTMENTS - continued

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

30.9.24 30.9.23
£    £   
Cost 61,504 61,504

The investment was valued on an open market basis on 30 September 2024 by using the stock market valuation .

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 211,028
Revaluations (63,926 )
At 30 September 2024 147,102
NET BOOK VALUE
At 30 September 2024 147,102
At 30 September 2023 211,028

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2015 32,353
Valuation in 2016 24,730
Valuation in 2017 24,221
Valuation in 2018 10,457
Valuation in 2019 7,290
Valuation in 2020 33,723
Valuation in 2021 (56,309 )
Valuation in 2022 38,380
Valuation in 2023 (53,059 )
Valuation in 2024 (63,926 )
Cost 149,242
147,102

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

30.9.24 30.9.23
£    £   
Cost 149,242 149,242

Investment properties were valued on an open market basis on 30 September 2024 by using Land Registry data .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 1,472 1,527

Sood Investments (Leeds) Limited (Registered number: 07793393)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors - 429
Taxation and social security 2,373 5,042
Other creditors 35,118 37,092
37,491 42,563

9. RESERVES
Fair
value
reserve
£   
At 1 October 2023 37,125
Fair value adjustment (36,549 )

At 30 September 2024 576

10. RELATED PARTY DISCLOSURES

At 30th September 2024 the amount owed to the directors by the company was £32,622 (30th September 2023 £34,567). The loan is interest free and repayable on demand.