REGISTERED NUMBER: 13315876 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Secluhome Investments Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

391

783

Investment property

5

2,260,800

2,129,000

2,261,191

2,129,783

CURRENT ASSETS

Debtors

6

37,741

47,050

Cash at bank

34,433

39,485

72,174

86,535

CREDITORS

Amounts falling due within one year

7

5,687

2,058

NET CURRENT ASSETS

66,487

84,477

TOTAL ASSETS LESS CURRENT LIABILITIES

2,327,678

2,214,260

CREDITORS

Amounts falling due after more than one year

8

2,593,129

2,635,169

NET LIABILITIES

(265,451

)

(420,909

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

199,651

86,817

Retained earnings

(465,202

)

(507,826

)

SHAREHOLDERS' DEFICIT

(265,451

)

(420,909

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by:

Mrs Yvonne Jurriaans- Mulder - Director

1.	STATUTORY INFORMATION

Secluhome Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13315876

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £265,451. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

1,567

DEPRECIATION

At 1 January 2024

784

Charge for year

392

At 31 December 2024

1,176

NET BOOK VALUE

At 31 December 2024

391

At 31 December 2023

783

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

2,129,000

Additions

18,966

Revaluations

112,834

At 31 December 2024

2,260,800

NET BOOK VALUE

At 31 December 2024

2,260,800

At 31 December 2023

2,129,000

Investment properties situated at 18 Derby Road, Blackpool FY1 2JF, 36 Vance Road, Blackpool FY1 4QD, 85 Poulton Road and 1 York Road, Wallasey CH44 9DE, 54 and 56 Lord Street Blackpool FY1 2BJ, 173, 173A, 173B, 173C and 173D Church Street, Blackpool FY1 3NX, Flats 1, 2 and 3, 175 Church Street, Blackpool FY1 3NX are under a charge from Lloyds Bank PLC. The charge was created on 16th August 2023.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2021

29,535

Valuation in 2022

127,496

Valuation in 2023

(70,216

)

Valuation in 2024

112,836

Cost

2,061,149

2,260,800

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

37,741

47,050

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

5,687

2,058

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

979,283

1,000,000

Other creditors

1,613,846

1,635,169

2,593,129

2,635,169

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

979,283

1,000,000

The loan amounting to £979,283 is secured by the way of charge on the properties situated at 18 Derby Road, Blackpool FY1 2JF, 36 Vance Road, Blackpool FY1 4QD, 85 Poulton Road and 1 York Road, Wallasey CH44 9DE, 54 and 56 Lord Street Blackpool FY1 2BJ, 173, 173A, 173B, 173C and 173D Church Street, Blackpool FY1 3NX, Flats 1, 2 and 3, 175 Church Street, Blackpool FY1 3NX (disclosed as investment properties). The charge was created in the name of Lloyds Bank PLC on 16th August 2023.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1 January 2024

86,817

Transfer to/from reserves

112,834

At 31 December 2024

199,651

12.	RELATED PARTY DISCLOSURES

The company owes £806,923 including €967,984 (2023: £817,068 including €931,898) to its director, Mrs Yvonne Jurriaans- Mulder who is also a 31% shareholder of the company as at accounting year end date.

The company owes £806,923 including €967,984 (2023: £818,101 including €931,898) to its director, Mr Jop Jurriaans who is also a 29% shareholder of the company as at accounting year end date.