REGISTERED NUMBER: 04336951 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

SEP Investments Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss E Pitsillos

SECRETARY:

Mr P Atsiaris

REGISTERED OFFICE:

92 Powys Lane

Palmers Green

London

N13 4HR

REGISTERED NUMBER:

04336951 (England and Wales)

ACCOUNTANTS:

Lakis & Co

Accountants

92 Powys Lane

Palmers Green

London

N13 4HR

FIXED ASSETS

Property, plant and equipment

4

7,118

7,908

Investment property

5

1,017,945

1,017,945

1,025,063

1,025,853

CURRENT ASSETS

Debtors

6

2,790

1,800

Cash at bank

6,574

43,771

9,364

45,571

CREDITORS

Amounts falling due within one year

7

426,626

420,443

NET CURRENT LIABILITIES

(417,262

)

(374,872

)

TOTAL ASSETS LESS CURRENT LIABILITIES

607,801

650,981

CREDITORS

Amounts falling due after more than one year

8

654,337

631,131

NET (LIABILITIES)/ASSETS

(46,536

)

19,850

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(46,636

)

19,750

SHAREHOLDERS' FUNDS

(46,536

)

19,850

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 22 September 2025 and were signed by:

Miss E Pitsillos - Director

1.	STATUTORY INFORMATION

SEP Investments 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

59,569

DEPRECIATION

At 1 January 2024

51,661

Charge for year

790

At 31 December 2024

52,451

NET BOOK VALUE

At 31 December 2024

7,118

At 31 December 2023

7,908

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,017,945

NET BOOK VALUE

At 31 December 2024

1,017,945

At 31 December 2023

1,017,945

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

2,790

1,800

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

426,626

420,443

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

519,337

496,131

Other creditors

135,000

135,000

654,337

631,131

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

519,337

496,131