REGISTERED NUMBER: 11098980 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sidar Estates (Central London) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Sidar

Mrs A Sidar

REGISTERED OFFICE:

Parbery Davies & Co

Three Counties House

18a Victoria Street

Dunstable

Bedfordshire

LU6 3BA

REGISTERED NUMBER:

11098980 (England and Wales)

ACCOUNTANTS:

P D & Co (2003) Limited T/A Parbery Davies & Co

Three Counties House

18a Victoria Street

Dunstable

Bedfordshire

LU6 3BA

FIXED ASSETS

Tangible assets

4

675,000

625,000

CURRENT ASSETS

Cash at bank

3,215

2,493

CREDITORS

Amounts falling due within one year

5

198,349

191,359

NET CURRENT LIABILITIES

(195,134

)

(188,866

)

TOTAL ASSETS LESS CURRENT LIABILITIES

479,866

436,134

CREDITORS

Amounts falling due after more than one year

6

(387,912

)

(388,112

)

PROVISIONS FOR LIABILITIES

(27,412

)

(17,412

)

NET ASSETS

64,542

30,610

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

141,640

91,640

Retained earnings

(77,198

)

(61,130

)

SHAREHOLDERS' FUNDS

64,542

30,610

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 30 September 2025 and were signed on its behalf by:

A Sidar - Director

1.	STATUTORY INFORMATION

Sidar Estates (Central London) 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.

Tangible fixed assets

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

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

Land and

buildings

£

COST OR VALUATION

At 1 January 2024

625,000

Revaluations

50,000

At 31 December 2024

675,000

NET BOOK VALUE

At 31 December 2024

675,000

At 31 December 2023

625,000

Included in cost or valuation of land and buildings is freehold land of £ 533,360 (2023 - £ 533,360 ) which is not depreciated.

Cost or valuation at 31 December 2024 is represented by:

Land and

buildings

£

Valuation in 2021

91,640

Valuation in 2024

50,000

Cost

533,360

675,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

533,360

533,360

Value of land in freehold land and buildings

675,000

625,000

Freehold land and buildings were valued on an open market basis on 31 December 2024 by Zoopla .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

200

200

Other creditors

198,149

191,159

198,349

191,359

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

387,912

388,112

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

387,112

387,312

7.

RESERVES

Fair

value

reserve

£

At 1 January 2024

91,640

Fair value reserve

50,000

At 31 December 2024

141,640