05020845falsethe development, sale and letting of properties2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/cd:Director22024-02-012025-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-012025-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FRS1022024-02-012025-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-012025-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05020845
Sandridge Investments Limited
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Sandridge Investments Limited
ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
DIRECTORS
T R Miles
A S Miles
SECRETARY
A S Miles
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05020845
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Sandridge Investments Limited
ACCOUNTS
FOR THEYEARENDED31 JANUARY 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Sandridge Investments Limited
BALANCE SHEET AT 31 January 2025
20252024
Notes££
FIXED ASSETS
Tangible assets3,41,225,2791,180,616
CURRENT ASSETS
Debtors513,62518,098
Cash at bank and in hand22,34252,320
35,96770,418
CREDITORS: Amounts falling due within one year612,6477,904
NET CURRENT ASSETS23,32062,514
TOTAL ASSETS LESS CURRENT LIABILITIES1,248,5991,243,130
CREDITORS: Amounts falling due after more than one year7569,854574,532
PROVISIONS FOR LIABILITIES AND CHARGES9232,803140,000
NET ASSETS445,942528,598
CAPITAL AND RESERVES
Called up share capital10100100
Revaluation reserve1f,11412,693412,693
Profit and loss account33,149115,805
SHAREHOLDERS' FUNDS445,942528,598
For the year ending 31 January 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31 October 2025 and signed on their behalf by
.............................
T R Miles
Director
Sandridge Investments Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
1c. Investment Properties
Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income, within Other operating income.
1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1e. Turnover
Turnover represents the total value of rental income receivable during the year. The total turnover of the company for the year has been dervied from its principal activity wholly undertaken in the UK.
1f. Revaluation Reserve
Net gains less related deferred tax on remeasurement of fair value of investment property at the year end, are included in a non-distributable reserve, Investment property revaluation reserve.
1g. Statutory Information
Sandridge Investments Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 05020845 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.
1h. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
2. EMPLOYEES
20252024
No.No.
Average number of employees--
Sandridge Investments Limited
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 1 February 20247,3207,320
Disposals(729)(729)
At 31 January 20256,5916,591
Depreciation
At 1 February 20246,7046,704
Disposals(691)(691)
For the year154154
At 31 January 20256,1676,167
Net Book Amounts
At 31 January 2025424424
At 31 January 2024616616
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 February 20241,180,0001,180,000
Additions44,85544,855
At 31 January 20251,224,8551,224,855
The investment properties are stated at fair value at the balance sheet date.
5. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors8,8418,841
Directors current account4,7849,257
13,62518,098
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Taxation and social security 8,1503,770
Trade creditors251-
Other creditors2,5832,583
Accruals1,6631,551
12,6477,904
Sandridge Investments Limited
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Loans >1yr569,854574,532
569,854574,532
8. SECURED CREDITORS
20252024
££
Amount of other creditors which are secured569,854574,532
The mortgages are secured on the freehold investment properties and are repayable after more than five years.
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation232,803140,000
232,803140,000
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each100100
100100
11. REVALUATION RESERVE 20252024
££
Revaluation reserve412,693412,693
412,693412,693
12. RELATED PARTY TRANSACTIONS
At the balance sheet date, the directors of the company had advances of loans of £2,392 each, (Last Year £4,628 each). The maximum amount advanced in the year was £4,628 each. These loans were interest free.