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REGISTERED NUMBER: 09376622 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SVA PROPERTY INVESTMENTS LTD

SVA PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09376622)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SVA PROPERTY INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr C Markides





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 09376622 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

SVA PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09376622)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 720,000 630,000

CURRENT ASSETS
Debtors 5 8,400 4,200
Investments 6 165,292 142,019
Cash at bank and in hand 59,094 45,850
232,786 192,069
CREDITORS
Amounts falling due within one year 7 761,167 771,636
NET CURRENT LIABILITIES (528,381 ) (579,567 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,619

50,433

PROVISIONS FOR LIABILITIES 6,533 -
NET ASSETS 185,086 50,433

CAPITAL AND RESERVES
Called up share capital 100 100
Non-distributable reserves 19,599 4,248
Retained earnings 165,387 46,085
SHAREHOLDERS' FUNDS 185,086 50,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 8 August 2025 and were signed by:





Mr C Markides - Director


SVA PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09376622)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

SVA Property Investments Ltd 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 net rent receivable.

Investment property
Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 (Section 1A). The directors consider that, because these properties are not held for consumption but for their investment potential, to depreciate them would no give a true and fair view and that it is necessary to adopt FRS 102 (Section 1A) in order to give a true and fair view. If this departure from the Act had not been made, the loss for the financial year would have been increased by the amount of depreciation.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2024 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 630,000
Revaluations 90,000
At 31 January 2025 720,000
NET BOOK VALUE
At 31 January 2025 720,000
At 31 January 2024 630,000

SVA PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 09376622)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

4. INVESTMENT PROPERTY - continued

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2023 (99,326 )
Valuation in 2024 (20,000 )
Valuation in 2025 90,000
Cost 749,326
720,000

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

2025 2024
£    £   
Cost 749,326 749,326

Investment property was valued on a fair value basis on 31 January 2025 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 8,400 4,200

6. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Unlisted investments 165,292 142,019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 7,069 6,569
Other creditors 754,098 765,067
761,167 771,636

8. RELATED PARTY DISCLOSURES

Included in creditors, amount falling due within one year, is an interest free amount of £751,938 (2024: £763,067) owed to Mr C Markides, director of the company.

9. ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of Mr C Markides, director of the company.