REGISTERED NUMBER: 05618959 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th March 2025

for

SHERATON DWELLINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

S Dad

Secretary:

Mrs F Dad

Registered office:

156 West Wycombe Road

High Wycombe

Buckinghamshire

HP12 3AE

Registered number:

05618959 (England and Wales)

Accountants:

S G Beale and Co

Chartered Accountants

1 Kille House

Chinnor Road

Thame

Oxfordshire

OX9 3NU

FIXED ASSETS

4,892,770

Investment property

4

4,892,770

CURRENT ASSETS

36,990

Cash at bank

22,013

CREDITORS

338,624

Amounts falling due within one year

5

322,171

(301,634

)

NET CURRENT LIABILITIES

(300,158

)

4,591,136

TOTAL ASSETS LESS CURRENT LIABILITIES

4,592,612

CREDITORS

(2,581,345

)

Amounts falling due after more than one year

6

(2,575,956

)

(154,999

)

PROVISIONS FOR LIABILITIES

8

(154,999

)

1,854,792

NET ASSETS

1,861,657

CAPITAL AND RESERVES

100

Called up share capital

100

1,344,793

Revaluation reserve

9

1,344,793

509,899

Retained earnings

9

516,764

1,854,792

SHAREHOLDERS' FUNDS

1,861,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8th December 2025 and were signed by:

S Dad - Director

1.	STATUTORY INFORMATION

Sheraton Dwellings Limited 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.

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 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 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 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 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 31st March 2024

and 30th March 2025

4,892,770

Net book value

At 30th March 2025

4,892,770

At 30th March 2024

4,892,770

Fair value at 30th March 2025 is represented by:

£

Valuation in 2025

4,892,770

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,300

5,200

Corporation tax

95,690

93,402

Loan Account : Buckingham Hotels Group Limited

218,589

233,889

Directors' current accounts

110

110

Accruals and deferred income

2,482

6,023

322,171

338,624

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

22,200

21,800

Bank loans more 5 yr by instal

3,069

9,778

Other loans more 5yrs non-inst

2,550,687

2,549,767

2,575,956

2,581,345

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

2,550,687

2,549,767

Repayable by instalments

Bank loans more 5 yr by instal

3,069

9,778

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

30,569

36,778

Other loans

2,550,687

2,549,767

2,581,256

2,586,545

The bank loans and mortgages are secured against the freehold property.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

154,999

154,999

Deferred

tax

£

Balance at 31st March 2024

154,999

Revaluation adjustment

Balance at 30th March 2025

154,999

9.

RESERVES

Retained

Revaluation

Totals

earnings

reserve

£

£

£

At 31st March 2024

1,854,692

509,899

1,344,793

Profit for the year

6,865

6,865

At 30th March 2025

1,861,557

516,764

1,344,793

10.	ULTIMATE CONTROLLING PARTY

The controlling party is S Dad.