REGISTERED NUMBER: 02864731 (England and Wales)

Sandgilt Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Singellos

Mrs I G Singellos

Mr G N Singellos

REGISTERED OFFICE:

97 Judd Street

London

WC1H 9JG

REGISTERED NUMBER:

02864731 (England and Wales)

ACCOUNTANTS:

Chris Syrimis & Co

Chartered Certified Accountants

97 Judd Street

London

WC1H 9JG

FIXED ASSETS

Tangible assets

4

6,773,976

6,773,976

CURRENT ASSETS

Cash at bank

919,191

786,236

CREDITORS

Amounts falling due within one year

5

142,579

181,316

NET CURRENT ASSETS

776,612

604,920

TOTAL ASSETS LESS CURRENT LIABILITIES

7,550,588

7,378,896

PROVISIONS FOR LIABILITIES

829,976

829,976

NET ASSETS

6,720,612

6,548,920

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

6,719,612

6,547,920

SHAREHOLDERS' FUNDS

6,720,612

6,548,920

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

Mr C Singellos - Director

1.	STATUTORY INFORMATION

Sandgilt 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

not provided

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

6,773,976

NET BOOK VALUE

At 31 March 2025

6,773,976

At 31 March 2024

6,773,976

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2024

4,994,936

Cost

1,779,040

6,773,976

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31/3/25

31/3/24

£

£

Cost

1,779,040

1,779,040

Freehold land and buildings were valued on an open market basis on 31 March 2025 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

48,049

41,400

Amounts owed to participating interests

265

2,630

Taxation and social security

65,874

74,321

Other creditors

28,391

62,965

142,579

181,316