IRIS Accounts Production v25.1.4.42 13810556 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138105562023-12-31138105562024-12-31138105562024-01-012024-12-31138105562022-12-31138105562023-01-012023-12-31138105562023-12-3113810556ns15:EnglandWales2024-01-012024-12-3113810556ns14:PoundSterling2024-01-012024-12-3113810556ns10:Director12024-01-012024-12-3113810556ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3113810556ns10:SmallEntities2024-01-012024-12-3113810556ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3113810556ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3113810556ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3113810556ns10:FullAccounts2024-01-012024-12-3113810556ns10:OrdinaryShareClass12024-01-012024-12-3113810556ns5:CurrentFinancialInstruments2024-12-3113810556ns5:CurrentFinancialInstruments2023-12-3113810556ns5:Non-currentFinancialInstruments2024-12-3113810556ns5:Non-currentFinancialInstruments2023-12-3113810556ns5:ShareCapital2024-12-3113810556ns5:ShareCapital2023-12-3113810556ns5:RetainedEarningsAccumulatedLosses2024-12-3113810556ns5:RetainedEarningsAccumulatedLosses2023-12-3113810556ns10:RegisteredOffice2024-01-012024-12-3113810556ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3113810556ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3113810556ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-12-3113810556ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3113810556ns5:Secured2024-12-3113810556ns5:Secured2023-12-3113810556ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 13810556 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sebastiaan Guzik Properties Ltd

Sebastiaan Guzik Properties Ltd (Registered number: 13810556)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Sebastiaan Guzik Properties Ltd (Registered number: 13810556)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 564,447 -

CURRENT ASSETS
Debtors 5 706 518
Cash at bank 3,287 166,463
3,993 166,981
CREDITORS
Amounts falling due within one year 6 6,693 260
NET CURRENT (LIABILITIES)/ASSETS (2,700 ) 166,721
TOTAL ASSETS LESS CURRENT
LIABILITIES

561,747

166,721

CREDITORS
Amounts falling due after more than
one year

7

598,407

182,359
NET LIABILITIES (36,660 ) (15,638 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (36,760 ) (15,738 )
SHAREHOLDERS' FUNDS (36,660 ) (15,638 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Sebastiaan Guzik Properties Ltd (Registered number: 13810556)

Statement of Financial Position - continued
31 December 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 director and authorised for issue on 21 August 2025 and were signed by:





Mr Sebastianus Mathilda Mathijs Guzik - Director


Sebastiaan Guzik Properties Ltd (Registered number: 13810556)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sebastiaan Guzik Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13810556

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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.

Turnover
Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
The investment property is stated at cost as the Board has not provided an updated fair market valuation. However, the Board is of the opinion that the fair value does not differ materially from the carrying amount.

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.

Sebastiaan Guzik Properties Ltd (Registered number: 13810556)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Going concern
The company has net liabilities of £36,660. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
COST
Additions 564,447
At 31 December 2024 564,447
NET BOOK VALUE
At 31 December 2024 564,447

Investment property situated at 23 Polden Street, Bridgwater TA6 5EL is under a charge from Hampshire Trust Bank PLC. The charge was created on 14th November 2024.

Investment property situated at 41 Chepstow Road, Newport NP19 8BX is under a charge from Hampshire Trust Bank PLC. The charge was created on 3rd May 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 606 -
Other debtors 100 518
706 518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 6,693 260

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 377,290 -
Other creditors 221,117 182,359
598,407 182,359

Sebastiaan Guzik Properties Ltd (Registered number: 13810556)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 377,290 -

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 377,290 -

The loan amounting to £142,450 is secured by the way of charge on the property situated at 23 Polden Street, Bridgwater TA6 5EL (Disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 14th November 2024.

The loan amounting to £234,840 is secured by the way of charge on the property situated at 41 Chepstow Road, Newport NP19 8BX (Disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 3rd May 2024.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

The company owes £221,377 (2023: £182,619 ) to its director, Mr Sebastianus Mathilda Mathijs Guzik who is also a sole shareholder of the company as at accounting year end date.