REGISTERED NUMBER: 00757121 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SANDILANDS INVESTMENTS (BIRMINGHAM)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I A Sandilands

SECRETARY:

I A Sandilands

REGISTERED OFFICE:

Charter House

161 Newhall Street

Birmingham

West Midlands

B31SW

REGISTERED NUMBER:

00757121 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

161 Newhall Street

Birmingham

B3 1SW

FIXED ASSETS

Tangible assets

4

950

1,273

Investment property

5

1,317,424

2,447,099

1,318,374

2,448,372

CURRENT ASSETS

Debtors

6

11,990

18,965

Cash at bank

142,009

311,600

153,999

330,565

CREDITORS

Amounts falling due within one year

7

41,787

23,712

NET CURRENT ASSETS

112,212

306,853

TOTAL ASSETS LESS CURRENT LIABILITIES

1,430,586

2,755,225

PROVISIONS FOR LIABILITIES

234,086

438,250

NET ASSETS

1,196,500

2,316,975

CAPITAL AND RESERVES

Called up share capital

1,300

1,300

Fair value reserve

839,030

1,582,205

Retained earnings

356,170

733,470

SHAREHOLDERS' FUNDS

1,196,500

2,316,975

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 19 December 2025 and were signed by:

I A Sandilands - Director

1.	STATUTORY INFORMATION

Sandilands Investments (Birmingham) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents rents receivable during the financial period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

In accordance with the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', no depreciation is provided in respect of investment properties. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are not held for consumption but for investment and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one amongst many factors reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

19,926

1,515

21,441

DEPRECIATION

At 1 April 2024

19,598

570

20,168

Charge for year

82

241

323

At 31 March 2025

19,680

811

20,491

NET BOOK VALUE

At 31 March 2025

246

704

950

At 31 March 2024

328

945

1,273

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,447,099

Disposals

(1,129,675

)

At 31 March 2025

1,317,424

NET BOOK VALUE

At 31 March 2025

1,317,424

At 31 March 2024

2,447,099

Included in fair value of investment property is freehold land of £ 461,100 (2024 - £ 855,000 ) which is not depreciated.

As part of a demerger that took place in October 2024, several of the properties held by the company were transferred to a new company as a distribution in specie, and are therefore shown as a disposal on this company.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

1,108,314

Valuation in 2024

(35,200

)

Cost

244,310

1,317,424

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

244,310

446,644

Aggregate depreciation

(41,453

)

(67,705

)

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,804

13,476

Other debtors

5,186

5,489

11,990

18,965

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

6,820

3,899

Other creditors

34,967

19,813

41,787

23,712

8.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the directors.