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Registered number: 11575326 SFL PROPERTIES & INVESTMENTS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
SFL PROPERTIES & INVESTMENTS LTD REGISTERED NUMBER: 11575326 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 7,910,909 |  | 6,948,205 |
Cash at bank and in hand | 5 | 111,432 |  | 64,730 |
|  | 8,022,341 |  | 7,012,935 |
Creditors: amounts falling due within one year | 6 | (7,881,819) |  | (6,662,023) |
Net current assets |  |  | 140,522 |  | 350,912
Total assets less current liabilities |  |  | 140,522 |  | 350,912
Creditors: amounts falling due after more than one year | 7 |  | (247) |  | (8,765)
Net assets |  |  | 140,275 |  | 342,147
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 140,175 |  | 342,047
|  |  | 140,275 |  | 342,147
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SFL PROPERTIES & INVESTMENTS LTD REGISTERED NUMBER: 11575326 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
E Houri
Director
Date: 14 August 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
SFL PROPERTIES & INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
SFL Properties & Investments Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 50a The Ridgeway, Golders Green, London, NW11 8QN. The company's principal activity is that of provision of finance. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Turnover represents fees and interest earned from the provision of finance, and is recognised in the profit and loss account in the period to which it relates.
| 2.3 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.5 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Page 3
SFL PROPERTIES & INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 65,039 | 58,205
| Amounts owed by connected companies | 7,845,000 | 6,890,000
| Prepayments and accrued income | 870 | -
|  | 7,910,909 | 6,948,205
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 111,432 | 64,730
|  | 111,432 | 64,730
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SFL PROPERTIES & INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 8,519 | 8,519
| Other loans | 7,745,000 | 6,445,000
| Trade creditors | 7,242 | -
| Corporation tax | 46,140 | 44,572
| Other creditors | - | 100,000
| Accruals and deferred income | 74,918 | 63,932
|  | 7,881,819 | 6,662,023
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 247 | 8,765
|  | 247 | 8,765
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SFL PROPERTIES & INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Bank Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 8,519 | 8,519
|  | 8,519 | 8,519
| Amounts falling due 1-2 years |  |
| Bank loans | 246 | 8,519
|  | 246 | 8,519
| Amounts falling due 2-5 years |  |
| Bank loans | - | 246
|  | - | 246
|  | 8,765 | 17,284
9. | Related party transactions
| At 31 March 2025, the company was owed £7,845,000 (2024: £6,890,000) from companies with common directorships.
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