Sunbury Workshops Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14503588 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Sunbury Workshops Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr L Lawson-O'Neil

REGISTERED OFFICE:

Hackney Downs Studios

Amhurst Terrace

London

E8 2BT

REGISTERED NUMBER:

14503588 (England and Wales)

ACCOUNTANTS:

The KJP Partnership Limited

11e Cosgrove Way

Luton

Bedfordshire

LU1 1XL

FIXED ASSETS

Investment property

4

7,250,000

6,300,000

CURRENT ASSETS

Cash at bank

1

CREDITORS

Amounts falling due within one year

5

4,685,676

4,412,271

NET CURRENT LIABILITIES

(4,685,675

)

(4,412,270

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,564,325

1,887,730

PROVISIONS FOR LIABILITIES

6

633,932

472,260

NET ASSETS

1,930,393

1,415,470

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

1,930,392

1,415,469

SHAREHOLDERS' FUNDS

1,930,393

1,415,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 26 September 2025 and were signed by:

Mr L Lawson-O'Neil - Director

1.	STATUTORY INFORMATION

Sunbury Workshops Holdings 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.

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 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2023

6,300,000

Additions

273,392

Revaluations

676,608

At 31 August 2024

7,250,000

NET BOOK VALUE

At 31 August 2024

7,250,000

At 31 August 2023

6,300,000

Fair value at 31 August 2024 is represented by:

£

Valuation in 2023

1,889,040

Valuation in 2024

676,608

Cost

4,684,352

7,250,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

Amounts due to group

associated companies

4,685,176

4,411,771

Accruals and deferred income

500

4,685,676

4,412,271

6.	PROVISIONS FOR LIABILITIES

31.8.24

31.8.23

£

Deferred tax

633,932

472,260

Deferred

tax

£

Balance at 1 September 2023

472,260

Revaluation of assets

169,152

Tax losses carried forward

(7,480

)

Balance at 31 August 2024

633,932

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

1

Ordinary

£1

1

8.	RELATED PARTY DISCLOSURES

Included in other creditors is a sum of £4,685,176 (2023: £4,246,999) due to Creative Network Partners Ltd, the ultimate controlling company.