REGISTERED NUMBER: 10680954 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

SRS Land Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Attwater

J E Attwater

REGISTERED OFFICE:

Gatlands

Langton Lane

Hurstpierpoint

Hassocks

West Sussex

BN6 9HA

REGISTERED NUMBER:

10680954 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Tangible assets

4

7,322

4,341

Investment property

5

2,056,972

2,052,226

2,064,294

2,056,567

CURRENT ASSETS

Debtors

6

38,349

33,283

Cash at bank and in hand

4,795

14,314

43,144

47,597

CREDITORS

Amounts falling due within one year

7

1,234,777

493,827

NET CURRENT LIABILITIES

(1,191,633

)

(446,230

)

TOTAL ASSETS LESS CURRENT LIABILITIES

872,661

1,610,337

CREDITORS

Amounts falling due after more than one year

8

695,514

1,474,289

NET ASSETS

177,147

136,048

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

177,047

135,948

SHAREHOLDERS' FUNDS

177,147

136,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8th December 2025 and were signed on its behalf by:

P G Attwater - Director

J E Attwater - Director

1.	STATUTORY INFORMATION

SRS Land Holdings Ltd 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

8,241

Additions

6,155

At 31st March 2025

14,396

DEPRECIATION

At 1st April 2024

3,900

Charge for year

3,174

At 31st March 2025

7,074

NET BOOK VALUE

At 31st March 2025

7,322

At 31st March 2024

4,341

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

2,052,226

Additions

4,746

At 31st March 2025

2,056,972

NET BOOK VALUE

At 31st March 2025

2,056,972

At 31st March 2024

2,052,226

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,520

11,405

Other debtors

22,829

21,878

38,349

33,283

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

736,610

23,000

Trade creditors

66,039

68,097

Taxation and social security

14,776

21,595

Other creditors

417,352

381,135

1,234,777

493,827

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

737,275

Other creditors

695,514

737,014

695,514

1,474,289

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

-

657,275

Other loans more 5yrs non-inst

500,000

504,500

500,000

1,161,775

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

736,610

760,275

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

Rent of £48000 was charged to businesses under common control..

The management fees were paid to a company under common control

All transactions are considered to be at arms length.

At the balance sheet date, the following loans were due to related parties:

£55,250

£26,486

£719,514

Loans from the associated businesses are interest free, whereas the loan from the shareholder is being charged interest at a rate of 4.5% per annum.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is P G Attwater.