2024-03-01 2025-02-28 12452573 Sussex Real Estate Limited false 12452573 2024-03-01 2025-02-28 12452573 uk-bus:Director1 2024-03-01 2025-02-28 12452573 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 12452573 uk-bus:SmallEntities 2024-03-01 2025-02-28 12452573 uk-bus:FullAccounts 2024-03-01 2025-02-28 12452573 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 12452573 2024-03-01 12452573 2025-02-28 12452573 2024-02-28 xbrli:pure iso4217:GBP 12452573 2023-03-01 2024-02-28
Company Registration Number : 12452573 (England and Wales)
12452573
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-02-28
false
Sussex Real Estate Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-03-01
Sussex Real Estate Limited
Unaudited filleted financial statements
For the year ended 28 February 2025
Sussex Real Estate Limited
Contents
For the year ended 28 February 2025
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Sussex Real Estate Limited
Company Information
For the year ended 28 February 2025
Company registration number 12452573 (England and Wales)
Director Sachin Agarwal
Registered office address 5 Kirdford Close
Burgess Hill
England
RH15 0BW
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Sussex Real Estate Limited
Statement of Financial Position
For the year ended 28 February 2025
2025 2024
Notes £ £
Fixed assets
Investment Property 434,000 430,000
5 434,000 430,000
Current assets
Debtors: Amounts falling due after more than one year 2,003 2,763
Cash and cash equivalents 9,027 6,115
11,030 8,878
Current liabilities
Creditors: Amounts falling due within one year (71,660) (71,539)
(71,660) (71,539)
Net current (liabilities)/assets (60,630) (62,660)
Total assets less current liabilities 373,370 367,340
Non-current liabilities
Creditors: Amounts falling due after more than one year (384,358) (384,087)
Net (liabilities)/assets (10,988) (16,747)
Capital and reserves
Called up share capital 2 2
Retained earnings (10,990) (16,749)
Shareholders' funds (10,988) (16,747)
For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 May 2025
.............................
Sachin Agarwal (Director)
Company registration number: 12452573
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2025-02-28 28 February 2025
2025 2024
£ £
Fixed Assets 434,000 430,000
Current Assets 9,027 6,115
Creditors: amounts falling due within one year (71,660) (71,539)
Net current assets/(liabilities) (62,633) (65,424)
Total assets less current liabilities 371,367 364,576
CREDITORS: Amounts falling due more than one year (384,358) (384,087)
Provisions for liabilities 2,003 2,763
Net Assets/(liabilities) (10,988) (16,747)
Capital and Reserves (10,988) (16,747)
For the year ending 28/02/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 28-02-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 31 May 2025 2025-05-31 and signed on behalf of the board,
.............................
Sachin Agarwal
Director
Company registration number: 12452573
Sussex Real Estate Limited
Notes to the Financial Statements
For the year ended 28 February 2025
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 5 Kirdford Close, Burgess Hill, England, RH15 0BW.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Investments
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2024 : 0).

(5) Fixed assets
Investments
Property
£
Cost
As at 01 March 2024430,000
Revaluation4,000
As at 28 February 2025434,000
Depreciation/Amortisation
As at 28 February 2025-
Net book value
As at 28 February 2025434,000
As at 29 February 2024430,000

(6) Investment Properties
These financial statements for the year ended 29th February 2025 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at a fair value under FRS 102 and there are fair value gain of £4,000 during the year, we have charged a deferred tax of £760 upon it.

(7) Creditors > 1 year (Bank loans)
The mortgage loans are secured on the properties 27 Highbank, Haywards Heath, RH164TT and Flat 3, Royal George Court, London Road, Burgess Hill, West Sussex, RH15 8LN