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Registered number: 00632230
Sucarole Property Co.Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mrs Susanna Joseph
Company Number 00632230
Registered Office First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Page 1
Page 2
Balance Sheet
Registered number: 00632230
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment property 4 600,000 1,700,000
600,000 1,700,000
CURRENT ASSETS
Debtors 5 229 5,775
Cash at bank and in hand 1,159,195 147,835
1,159,424 153,610
Creditors: Amounts Falling Due Within One Year 6 (253,783 ) (56,342 )
NET CURRENT ASSETS (LIABILITIES) 905,641 97,268
TOTAL ASSETS LESS CURRENT LIABILITIES 1,505,641 1,797,268
PROVISIONS FOR LIABILITIES
Deferred Taxation (100,552 ) (298,577 )
NET ASSETS 1,405,089 1,498,691
CAPITAL AND RESERVES
Called up share capital 200 200
Non-distributable reserve 383,494 1,146,080
Other reserves 10,946 10,946
Profit and Loss Account 1,010,449 341,465
SHAREHOLDERS' FUNDS 1,405,089 1,498,691
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Susanna Joseph
Director
9 December 2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Sucarole Property Co.Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00632230 . The registered office is First Floor, New Barnes Mill, Cottonmill Lane, St Albans, AL1 2HA.

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention as modified by the revaluation of certain assets, and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presentation currency of the financial statements is the Pound Sterling (£).
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. 
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services represents gross rent receivable. Turnover is recognised over the period of rental.
2.3. Investment Properties
In accordance with the provisions of section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
2.4. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.
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 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 is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
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4. Investment property
Investment Properties
£
Cost or Valuation
As at 1 April 2024 1,700,000
Disposals (1,100,000 )
As at 31 March 2025 600,000
Net Book Value
As at 31 March 2025 600,000
As at 1 April 2024 1,700,000
The analysis of the cost or valuation of the above assets is as follows:
Investment Properties
£
At cost 115,955
At valuation 484,045
600,000
In the opinion of the director, the market value of the property at the balance sheet date was £600,000 on an open market basis.
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 229 5,775
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 190,158 7,822
Other creditors - 2,150
Accruals and deferred income 4,096 3,463
Director's loan account 59,529 42,907
253,783 56,342
7. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 298,577 298,577
Utilised (198,025 ) (198,025)
Balance at 31 March 2025 100,552 100,552
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8. Capital Commitments
West London Investment Building Society, Lloyds Bank Plc and Bank Leumi (UK) Plc hold fixed charges over Sucarole Property Co.Limited. The fixed charges cover all of the property or undertaking of the company.
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