REGISTERED NUMBER: 04556375 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

SPRINGHILL PROPERTIES (BIRMINGHAM)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Sanyogta Najran

Sukhdev Najran

SECRETARY:

Sukhdev Najran

REGISTERED OFFICE:

98 Steward Street

Ladywood

Birmingham

West Midlands

B18 7AF

REGISTERED NUMBER:

04556375 (England and Wales)

ACCOUNTANTS:

Brindleys Limited

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

FIXED ASSETS

Investment property

4

1,160,000

1,160,000

CURRENT ASSETS

Debtors

5

153,991

94,907

Cash at bank and in hand

62,366

177,355

216,357

272,262

CREDITORS

Amounts falling due within one year

6

652,469

707,871

NET CURRENT LIABILITIES

(436,112

)

(435,609

)

TOTAL ASSETS LESS CURRENT LIABILITIES

723,888

724,391

CREDITORS

Amounts falling due after more than one year

7

(36,667

)

(84,259

)

PROVISIONS FOR LIABILITIES

9

(19,240

)

(14,623

)

NET ASSETS

667,981

625,509

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

11

666,981

624,509

SHAREHOLDERS' FUNDS

667,981

625,509

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 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.

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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Sukhdev Najran - Director

1.	STATUTORY INFORMATION

Springhill Properties (Birmingham) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,160,000

NET BOOK VALUE

At 31 December 2024

1,160,000

At 31 December 2023

1,160,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2017

(38,038

)

Valuation in 2020

115,000

Cost

1,083,038

1,160,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

13,144

1,261

Other debtors

137,000

92,000

Prepayments

3,847

1,646

153,991

94,907

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 8)

52,000

52,000

Corporation Tax

14,427

14,115

VAT

1,742

1,417

Other creditors

502,483

503,572

Directors' current accounts

80,467

135,417

Accrued expenses

1,350

1,350

652,469

707,871

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 8)

36,667

84,259

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

52,000

52,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

33,484

52,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

3,183

32,259

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

19,240

14,623

Deferred

tax

£

Balance at 1 January 2024

14,623

Provided during year

4,617

Balance at 31 December 2024

19,240

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

11.

RESERVES

Retained

earnings

£

At 1 January 2024

624,509

Profit for the year

42,472

At 31 December 2024

666,981

12.	RELATED PARTY DISCLOSURES

Mrs Sanyogta Najran is also the director of Autozone Limited, a company registered in England and Wales with registration number 2821486.

The company has an outstanding loan payable to an associated company, Autozone Limited. The total amount outstanding as at 31 December 2024 was £495,069.81 (2024: £495,069.81).

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr Sukhdev Najran and Mrs Sanyogta Najran.