Company registration number: 14673078
Unaudited financial statements
for the year ended 28 February 2025
for
Southchurch Real Estate Limited
Pages for filing with the Registrar
Company registration number: 14673078
Southchurch Real Estate Limited
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Investment property 4 760,000 320,000
760,000 320,000
Current assets
Debtors 15,206 (9,683)
Cash at bank and in hand 100 100
15,306 (9,583)
Creditors: amounts falling due within one
year 		(28,481) (4,791)
Net current liabilities (13,175) (14,374)
Total assets less current liabilities 746,825 305,626
Creditors: Amounts falling due after more
than one year 		(535,875) (307,500)
Provisions for liabilities (52,906) -
NET ASSETS/(LIABILITIES) 158,044 (1,874)
Capital and reserves
Called up share capital 100 100
Other reserves 158,719 -
Profit and loss account (775) (1,974)
TOTAL EQUITY 158,044 (1,874)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14673078
Southchurch Real Estate Limited
Balance sheet - continued
as at 28 February 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 November 2025 and signed on its behalf by:
Mr S Adler, Director
17 November 2025
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Southchurch Real Estate Limited
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
Southchurch Real Estate Limited is a private company registered in England and Wales. Its registered number is 14673078. The company is limited by shares. Its registered office is The Lodge 37 Hendon Lane, London, N3 1RY.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investment property
Investment property is shown at its 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 taxation. Tax is recognised in the Profit and loss account, 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.
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Southchurch Real Estate Limited
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
4 Investment property
£
Valuation
At 1 March 2024 320,000
Additions 228,375
Revaluations 211,625
At 28 February 2025 760,000
5 Reserves
The Fair Value Reserve records the movement in the fair value of assets that are recognized directly in Other Comprehensive Income (OCI) rather than through the Profit and Loss Account.

The reserve is adjusted for the following movements:

Investment Property: Increases and decreases in the fair value of investment property are recognised in this reserve. The reserve is reduced for any impairment or realized gains/losses on disposal transferred to the Profit and Loss Account.

Financial Instruments (FVOCI): Changes in the fair value of equity instruments designated as measured at Fair Value Through Other Comprehensive Income (FVOCI) are recognised here. Gains and losses on disposal of these instruments are not subsequently transferred to the Profit and Loss Account.
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