Company No: 06277250 (England and Wales)

Contents

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

DIRECTOR

A Dellal

SECRETARY

J Bell

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

06277250 (England and Wales)

	Note	2025		2024
		£		£
Current assets
Stocks		1,026,890		1,026,890
Debtors	4	173,436		215,555
Cash at bank and in hand		13,742		46,669
		1,214,068		1,289,114
Creditors: amounts falling due within one year	5	( 3,632,616)		( 3,654,018)
Net current liabilities		(2,418,548)		(2,364,904)
Total assets less current liabilities		(2,418,548)		(2,364,904)
Net liabilities		( 2,418,548)		( 2,364,904)
Capital and reserves
Called-up share capital		2		2
Profit and loss account		( 2,418,550 )		( 2,364,906 )
Total shareholder's deficit		( 2,418,548)		( 2,364,904)

For the financial 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.

Director's responsibilities:

• The member has 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 Sittingbourne Site Limited (registered number: 06277250) were approved and authorised for issue by the Director on 16 December 2025. They were signed on its behalf by:

A Dellal 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

Sittingbourne Site 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £2,436,429. The company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value. Cost comprises land purchases, building costs and directly attributable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred to completion and disposal.

Trade and other debtors

Debtors are measured at transaction price, less any impairment.

Trade and other creditors

Short term creditors are measured at the transaction price.

2. Critical accounting judgements and key sources of estimation uncertainty

Land is held as stock in the financial statements. As a result it is valued at the lower of cost and net realisable value. The net realisable value is an estimate provided by the director.

3. Employees

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

4. Debtors

	2025		2024
	£		£
Trade debtors	0		60,000
Deferred tax asset	173,436		155,555
	173,436		215,555

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	0		770
Amounts owed to group undertakings	3,632,616		3,644,065
Other taxation and social security	0		9,183
	3,632,616		3,654,018

6. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	155,555		164,519
Credited/(charged) to the Profit and Loss Account	17,881		( 8,964)
At the end of financial year	173,436		155,555