SUGEF UK HOLDINGS LIMITED

Company Registration Number:
12483435 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SUGEF UK HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SUGEF UK HOLDINGS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 19,176,524 17,675,412
Total fixed assets: 19,176,524 17,675,412
Current assets
Debtors: 4 1,549,118 1,575,403
Total current assets: 1,549,118 1,575,403
Creditors: amounts falling due within one year: 5 (14,006,519) (16,942,908)
Net current assets (liabilities): (12,457,401) (15,367,505)
Total assets less current liabilities: 6,719,123 2,307,907
Creditors: amounts falling due after more than one year:     0
Total net assets (liabilities): 6,719,123 2,307,907
Capital and reserves
Called up share capital: 1,571 1,647
Profit and loss account: 6,717,552 2,306,260
Shareholders funds: 6,719,123 2,307,907

The notes form part of these financial statements

SUGEF UK HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 December 2024 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Kiyan Zandiyeh
Status: Director

The notes form part of these financial statements

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

N/A

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 1,549,118 1,575,387

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

These loans are unsecured, bear no interest and their maturity dates will be agreed by mutual agreement between the parties. They are advanced to these relates entities to cover their operating expenses.

SUGEF UK HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Name of the related party: SUGEF Holdings Limited
Relationship:
Immediate parent
Description of the Transaction: These loans are unsecured, bear no interest and their maturity dates will be agreed by mutual agreement between the parties. They are advanced to these related entities to cover their operating expenses
£
Balance at 01 January 2024 16,942,908
Balance at 31 December 2024 14,006,519
Name of the related party: SUGEF UK Holdings 2 Limited
Relationship:
Subsidiary
Description of the Transaction: These loans are unsecured, bear no interest and their maturity dates will be agreed by mutual agreement between the parties. They are advanced to these related entities to cover their operating expenses.
£
Balance at 01 January 2024 1,575,403
Balance at 31 December 2024 1,549,118