Company No: 06293136 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Ms C D Kirk

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

06293136 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Investments	3	6,792,684		6,204,662
		6,792,684		6,204,662
Current assets
Debtors	4	66,188		33,781
Cash at bank and in hand		14,347		119,753
		80,535		153,534
Creditors: amounts falling due within one year	5	( 5,138)		( 5,212)
Net current assets		75,397		148,322
Total assets less current liabilities		6,868,081		6,352,984
Provision for liabilities		( 259,611)		( 307,282)
Net assets		6,608,470		6,045,702
Capital and reserves
Called-up share capital		10,000		10,000
Share premium account		898,260		898,260
Profit and loss account		5,700,210		5,137,442
Total shareholders' funds		6,608,470		6,045,702

For the financial year ending 05 April 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 financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Summer Down Limited (registered number: 06293136) were approved and authorised for issue by the Director on 14 November 2025. They were signed on its behalf by:

Ms C D Kirk Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Summer Down Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Income recognition

Income represents gross income receivable from investments. Dividend income is recognised when the company is entitled to the income.

The company receives income as the life tenant of a trust. The income is recognised when the company is entitled to the income and is shown net of the expenses incurred by the trust.

Tax

The tax expense for the period comprises current tax and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and their carrying amounts in the financial statements. Deferred tax is determined using tax rates and laws that been enacted or substantively enacted by the reporting date.

Financial instruments

Financial instruments are classified and accounted for, according to the substances of the contractual arrangement, as financial assets, financial liabilities or equity investments. Investment in shares are carried at fair value, derived from the current market price. Changes in fair value are recognised in profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	0		0

3. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 06 April 2024	6,204,662		6,204,662
Additions	634,897		634,897
Movement in fair value	( 46,875)		( 46,875)
At 05 April 2025	6,792,684		6,792,684
Carrying value at 05 April 2025	6,792,684		6,792,684
Carrying value at 05 April 2024	6,204,662		6,204,662

4. Debtors

	2025		2024
	£		£
Amounts owed by group undertakings (note 6)	665		1,400
Other debtors	65,523		32,381
	66,188		33,781

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	5,138		5,212

6. Related party transactions

Other related party transactions

A trust of which the director is also a Trustee:
During the year net income of £340,166 (2024 - £337,691) was mandated to the reporting entity to recognise income arising from its interest in possession in the trust. £340,900 (2024 - £336,813) was received from the trust.

At the balance sheet date the amount owed by the trust was £665 (2024 - £1,400 ). This balance is interest free and repayable on demand.