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REGISTERED NUMBER: 15400596 (England and Wales)









SBDL HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

9 JANUARY 2024 TO 31 DECEMBER 2024






SBDL HOLDINGS LIMITED (REGISTERED NUMBER: 15400596)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 JANUARY 2024 TO 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SBDL HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 9 JANUARY 2024 TO 31 DECEMBER 2024







DIRECTORS: S V Short
D J Hewett





REGISTERED OFFICE: Churchgate House
3 Church Road
Whitchurch
Cardiff
Glamorgan
CF14 2DX





REGISTERED NUMBER: 15400596 (England and Wales)





AUDITORS: HODGE BAKSHI LIMITED
STATUTORY AUDITORS
Churchgate House
3 Church Road
Whitchurch
Cardiff
CF14 2DX

SBDL HOLDINGS LIMITED (REGISTERED NUMBER: 15400596)

BALANCE SHEET
31 DECEMBER 2024

Notes £    £   
FIXED ASSETS
Investments 4 8,915,996

CURRENT ASSETS
Debtors 5 8,432
Cash in hand 100
8,532
CREDITORS
Amounts falling due within one year 6 2,680
NET CURRENT ASSETS 5,852
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,921,848

CAPITAL AND RESERVES
Called up share capital 8,916,096
Retained earnings 5,752
8,921,848

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 11 July 2025 and were signed on its behalf by:





D J Hewett - Director


SBDL HOLDINGS LIMITED (REGISTERED NUMBER: 15400596)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 JANUARY 2024 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

SBDL Holdings 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.

Going Concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment, the directors have reviewed the balance sheet, the likely future cashflows of the business and has considered the facilities that are available to the company along with their continued support.

At the date of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Preparation of consolidated financial statements
The financial statements contain information about SBDL Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

SBDL HOLDINGS LIMITED (REGISTERED NUMBER: 15400596)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 JANUARY 2024 TO 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments".
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Taxation
Taxation for the period 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 period 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.

SBDL HOLDINGS LIMITED (REGISTERED NUMBER: 15400596)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 JANUARY 2024 TO 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 8,915,996
At 31 December 2024 8,915,996
NET BOOK VALUE
At 31 December 2024 8,915,996

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 8,432

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 2,680

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

The Report of the Auditors was unqualified.

Sameer Bakshi (Senior Statutory Auditor)
for and on behalf of HODGE BAKSHI LIMITED

8. 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.

9. CHANGE OF ACCOUNTING REFERENCE DATE

The company has shortened its accounting reference date from 31 January 2025 to 31 December 2024. These accounts are therefore for a 11 month period.