Registration number: 10237846

Sterling International Real Estate Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Sterling International Real Estate Ltd

(Registration number: 10237846)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	558	537
Current assets
Debtors	5	138,264	166,136
Cash at bank and in hand		30,762	79,540
		169,026	245,676
Creditors: Amounts falling due within one year	6	(93,319)	(156,598)
Net current assets		75,707	89,078
Net assets		76,265	89,615
Capital and reserves
Called up share capital		1	1
Retained earnings		76,264	89,614
Shareholders' funds		76,265	89,615

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 October 2025
 

......................................... Mr K Zand Director

Sterling International Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of residential sales and lettings services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Debtors

Trade debtors are amounts due from customers for residential sales and letting services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Sterling International Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 1).

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 July 2024	588	588
Additions	224	224
At 30 June 2025	812	812
Depreciation
At 1 July 2024	51	51
Charge for the year	203	203
At 30 June 2025	254	254
Carrying amount
At 30 June 2025	558	558
At 30 June 2024	537	537

5

Debtors

Current	2025 £	2024 £
Trade debtors	132,856	160,731
Prepayments	1,355	1,285
Other debtors	4,053	4,120
	138,264	166,136

Sterling International Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	976	631
Taxation and social security	21,426	29,100
Other creditors	70,917	126,867
	93,319	156,598