REGISTERED NUMBER: 11581389 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Cleveland Spv II Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Cleveland

Ms E Cleveland

REGISTERED OFFICE:

79 Weston Street

London

SE1 3RS

REGISTERED NUMBER:

11581389 (England and Wales)

ACCOUNTANTS:

Oculus Accountancy Limited

Chartered Accountants

83 Victoria Street

London

SW1H 0HW

FIXED ASSETS

Tangible assets

4

8,039

11,092

Investment property

5

165,000

165,000

173,039

176,092

CURRENT ASSETS

Debtors

6

415

415

Cash at bank

2,001

784

2,416

1,199

CREDITORS

Amounts falling due within one year

7

(20,652

)

(18,751

)

NET CURRENT LIABILITIES

(18,236

)

(17,552

)

TOTAL ASSETS LESS CURRENT LIABILITIES

154,803

158,540

CREDITORS

Amounts falling due after more than one year

8

(241,120

)

(234,493

)

PROVISIONS FOR LIABILITIES

(6,199

)

(6,199

)

NET LIABILITIES

(92,516

)

(82,152

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(92,526

)

(82,162

)

(92,516

)

(82,152

)

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 24 September 2025 and were signed on its behalf by:

G Cleveland - Director

1.	STATUTORY INFORMATION

Cleveland Spv II 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.

Tangible fixed assets

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

Fixtures & Fittings - 25% Straight line

Property improvements - 5% Straight line

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

20,917

DEPRECIATION

At 1 January 2024

9,825

Charge for year

3,053

At 31 December 2024

12,878

NET BOOK VALUE

At 31 December 2024

8,039

At 31 December 2023

11,092

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

165,000

NET BOOK VALUE

At 31 December 2024

165,000

At 31 December 2023

165,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

282,583

Valuation in 2023

(117,583

)

165,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

415

415

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1

-

Other creditors

20,651

18,751

20,652

18,751

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

241,120

234,493

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

241,120

234,493

9.	RELATED PARTY DISCLOSURES

The controlling party is Cleveland UK Holding Company Limited.