REGISTERED NUMBER: 00956800 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sidholt Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs R Lipshitz

SECRETARY:

Mrs R Lipschitz

REGISTERED OFFICE:

5 North End Road

London

NW11 7RJ

REGISTERED NUMBER:

00956800 (England and Wales)

ACCOUNTANTS:

London Accounting Group Ltd

5 North End Road

London

NW11 7RJ

FIXED ASSETS

Investment property

4

648,025

648,025

CURRENT ASSETS

Debtors

5

630,944

745,998

Cash at bank

23,489

80,968

654,433

826,966

CREDITORS

Amounts falling due within one year

6

16,401

191,438

NET CURRENT ASSETS

638,032

635,528

TOTAL ASSETS LESS CURRENT LIABILITIES

1,286,057

1,283,553

CREDITORS

Amounts falling due after more than one year

7

(251,059

)

(284,985

)

PROVISIONS FOR LIABILITIES

9

(149,064

)

(149,064

)

NET ASSETS

885,934

849,504

CAPITAL AND RESERVES

Called up share capital

10

100

100

Non distributable reserves

447,191

447,191

Retained earnings

438,643

402,213

SHAREHOLDERS' FUNDS

885,934

849,504

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 her 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 10 September 2025 and were signed by:

Mrs R Lipshitz - Director

1.	STATUTORY INFORMATION

Sidholt Company 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.

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.

Investment properties

In accordance with SSAP19,Accounting for investment properties,no depreciation is provided in respect of freehold or long leasehold investment properties.This is a departure from the Companies Act 1985 which requires all properties to be depreciated.Such properties are not held for consumption but for investment and the directors consider that to depreciate them would not give a true and fair view.Depreciation is only one amongst many factors reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.The director consider that this policy results in the accounts giving a true and fair view.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

648,025

NET BOOK VALUE

At 31 December 2024

648,025

At 31 December 2023

648,025

Fair value at 31 December 2024 is represented by:

£

Valuation in 2015

55,622

Valuation in 2016

575,999

Valuation in 2019

(35,367

)

Cost

51,771

648,025

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

463,732

628,611

Other debtors

167,212

117,387

630,944

745,998

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

3,063

4,200

Amounts owed to group undertakings

-

174,832

Taxation and social security

11,838

10,906

Other creditors

1,500

1,500

16,401

191,438

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

251,059

284,985

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

254,122

289,185

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

149,064

149,064

Deferred tax

£

Balance at 1 January 2024

149,064

Balance at 31 December 2024

149,064

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary shares

£1

100

100