IRIS Accounts Production v25.3.0.601 11340639 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11340639 2024-05-31 11340639 2025-05-31 11340639 2024-06-01 2025-05-31 11340639 2023-05-31 11340639 2023-06-01 2024-05-31 11340639 2024-05-31 11340639 ns15:EnglandWales 2024-06-01 2025-05-31 11340639 ns14:PoundSterling 2024-06-01 2025-05-31 11340639 ns10:Director1 2024-06-01 2025-05-31 11340639 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11340639 ns10:SmallEntities 2024-06-01 2025-05-31 11340639 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 11340639 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 11340639 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 11340639 ns10:FullAccounts 2024-06-01 2025-05-31 11340639 ns10:Director2 2024-06-01 2025-05-31 11340639 ns10:RegisteredOffice 2024-06-01 2025-05-31 11340639 ns5:CurrentFinancialInstruments 2025-05-31 11340639 ns5:CurrentFinancialInstruments 2024-05-31 11340639 ns5:Non-currentFinancialInstruments 2025-05-31 11340639 ns5:Non-currentFinancialInstruments 2024-05-31 11340639 ns5:ShareCapital 2025-05-31 11340639 ns5:ShareCapital 2024-05-31 11340639 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 11340639 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 11340639 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 11340639 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 11340639 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-05-31 11340639 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-05-31

REGISTERED NUMBER: 11340639 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

SV & TB Ltd

SV & TB Ltd (Registered number: 11340639)

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SV & TB Ltd

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | C A Christie

| S Sivakumar

| REGISTERED OFFICE: | 122 Loampit Vale

| London

| London

| SE13 7SN

| REGISTERED NUMBER: | 11340639 (England and Wales)

| ACCOUNTANTS: | Palak Services Limited

| 80 Woodrush Way

| Romford

| Essex

| RM6 5BL

SV & TB Ltd (Registered number: 11340639)

Balance Sheet

31 May 2025

| 31.5.25 | 31.5.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 3,330,444 |  | 3,330,444 |  |

CURRENT ASSETS

Debtors | 5 | 22,133 |  | 9,078 |  |

Cash at bank | 47,910 |  | 116,970 |  |

70,043 |  | 126,048 |  |

CREDITORS

Amounts falling due within one year | 6 | 47,804 |  | 106,281 |  |

NET CURRENT ASSETS | 22,239 |  | 19,767 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,352,683 |  | 3,350,211 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 3,440,091 |  | 3,387,344 |  |

NET LIABILITIES | (87,408 | ) | (37,133 | ) |

CAPITAL AND RESERVES

Called up share capital | 400 |  | 400 |  |

Retained earnings | (87,808 | ) | (37,533 | ) |

SHAREHOLDERS' FUNDS | (87,408 | ) | (37,133 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

SV & TB Ltd (Registered number: 11340639)

Balance Sheet - continued

31 May 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

S Sivakumar - Director

SV & TB Ltd (Registered number: 11340639)

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| SV & TB Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Going Concern

| The financial statements have been prepared on a going concern basis, notwithstanding the fact that there is a net deficit of £87,408 (2024: £37,133) on the balance sheet. The Directors, having made appropriate enquiries, are satisfied that the company will receive continued support from the company's ultimate shareholders and the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements.The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover represents amounts receivable for rent and services. Rent is recognised for the period for which it is due.

| 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.

SV & TB Ltd (Registered number: 11340639)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price.Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - 2 ) .

SV & TB Ltd (Registered number: 11340639)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024

| and 31 May 2025 | 3,330,444 |  |

| NET BOOK VALUE

| At 31 May 2025 | 3,330,444 |  |

| At 31 May 2024 | 3,330,444 |  |

| The company's investment property consists mainly of flats and the properties are measured at fair value. The valuation is carried out by the directors using observable market prices and yield basis. The property values can fluctuate upwards as well as downwards and would be adjusted as necessary, for any changes in the condition of the assets.

| The current year yield was 5.72% (2024: 5.88%) and the value of the properties have generally remained stagnant in the past 12 months. Therefore in the opinion of the directors, the fair value of investment properties, as at the balance sheet date, are not significantly different to their net book value.

| .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Other debtors | 20,643 |  | - |  |

| TDS Rent Deposit | 1,490 |  | - |  |

| Prepayments and accrued income | - |  | 9,078 |  |

22,133 |  | 9,078 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Bank loans and overdrafts (see note 8) | 4,632 |  | 4,700 |  |

| Trade creditors | - |  | (1 | ) |

| Other creditors | - |  | 1,366 |  |

| Sundry creditors | 1,490 |  | - |  |

| Directors' current accounts | 38,566 |  | 98,566 |  |

| Accruals and deferred income | 1,466 |  | - |  |

| Accrued expenses | 1,650 |  | 1,650 |  |

47,804 |  | 106,281 |  |

SV & TB Ltd (Registered number: 11340639)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Bank loans (see note 8) | 3,440,091 |  | 3,387,344 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 3,416,158 |  | 3,358,363 |  |

8. | LOANS

| An analysis of the maturity of loans is given below:

| 31.5.25 |  | 31.5.24

£ | £ |

| Amounts falling due within one year or on demand:

| BBLS Loan | 4,632 |  | 4,700 |  |

| Amounts falling due between one and two years:

| BBLS Loan 1-2 years | 4,632 |  | 4,700 |  |

| Amounts falling due between two and five years:

| BBLS Loan 2-5 years | 19,301 |  | 24,281 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 3,416,158 |  | 3,358,363 |  |

| The company received bounce back loan of £47,500 from Metro Bank in July 2020, due to uncertainties relating to COVID19 pandemic. This loan is supported by the UK government and repayable by instalment within Ten year from the date of the draw down. The loan was interest free for the first 12 months and no repayments were required to be made within the first 12 months from the date of draw down. At the balance sheet date the amount owed to Metro Bank was £28,565.

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.5.25 |  | 31.5.24

£ | £ |

| Bank Loans | 3,416,158 |  | 3,358,363 |  |

| The bank loans are secured by way of fixed charge over all the properties or undertakings of the company and negative pledges.

SV & TB Ltd (Registered number: 11340639)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

10. | RELATED PARTY DISCLOSURES

| Included in creditors amounts falling due within one year is loan of £ 38,566 (2024: £98,566) owed by the company to its directors.These loan amounts are interest free and payable on demand.