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REGISTERED NUMBER: 11205211 (England and Wales)















Sheep Pen Holdings Limited

Unaudited Financial Statements for the Year Ended 30 November 2024






Sheep Pen Holdings Limited (Registered number: 11205211)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sheep Pen Holdings Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr M Green
Mr D S Nash





REGISTERED OFFICE: Sheep Pen Lane
Seaford
East Sussex
BN25 4QR





REGISTERED NUMBER: 11205211 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Sheep Pen Holdings Limited (Registered number: 11205211)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 173,564 177,338
Investments 5 186,853 186,853
360,417 364,191

CURRENT ASSETS
Debtors 6 4,050 4,381
Cash at bank and in hand 6,313 3,002
10,363 7,383
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

252,142

249,636
NET CURRENT LIABILITIES (241,779 ) (242,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,638

121,938

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

8

108,037

112,180
NET ASSETS 10,601 9,758

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 10,501 9,658
SHAREHOLDERS' FUNDS 10,601 9,758

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

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

Sheep Pen Holdings Limited (Registered number: 11205211)

Balance Sheet - continued
30 November 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:




Mr M Green - Director



Mr D S Nash - Director


Sheep Pen Holdings Limited (Registered number: 11205211)

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

1. STATUTORY INFORMATION

Sheep Pen 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any accumulated impairments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Sheep Pen Holdings Limited (Registered number: 11205211)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 December 2023
and 30 November 2024 188,660
DEPRECIATION
At 1 December 2023 11,322
Charge for year 3,774
At 30 November 2024 15,096
NET BOOK VALUE
At 30 November 2024 173,564
At 30 November 2023 177,338

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2023
and 30 November 2024 186,853
NET BOOK VALUE
At 30 November 2024 186,853
At 30 November 2023 186,853

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,050 4,381

Sheep Pen Holdings Limited (Registered number: 11205211)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,852 6,088
Amounts owed to group undertakings 243,622 241,390
Taxation and social security 1,083 779
Other creditors 1,585 1,379
252,142 249,636

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 108,037 112,180

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 79,082 84,231

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 113,889 118,268

The bank loan is secured by way of fixed and floating charges over the property of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

All shares are identical and rank pari passu.

Sheep Pen Holdings Limited (Registered number: 11205211)

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

11. RELATED PARTY DISCLOSURES

During the year the company received advances from its subsidiary of £2,232 (2023 - £20,923). At the balance sheet date, the company owed the subsidiary £243,622 (2023 - £241,390). This loan is unsecured, interest free and repayable on demand.