Acorah Software Products - Accounts Production 16.8.310 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 10201319 The Hon J Holland-Hibbert true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10201319 2024-07-31 10201319 2025-07-31 10201319 2024-08-01 2025-07-31 10201319 frs-core:CurrentFinancialInstruments 2025-07-31 10201319 frs-core:ShareCapital 2025-07-31 10201319 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 10201319 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 10201319 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 10201319 frs-bus:SmallEntities 2024-08-01 2025-07-31 10201319 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 10201319 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 10201319 1 2024-08-01 2025-07-31 10201319 frs-core:CostValuation 2024-07-31 10201319 frs-core:CostValuation 2025-07-31 10201319 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 10201319 frs-core:ProvisionsForImpairmentInvestments 2025-07-31 10201319 frs-bus:Director1 2024-08-01 2025-07-31 10201319 frs-countries:EnglandWales 2024-08-01 2025-07-31 10201319 2023-07-31 10201319 2024-07-31 10201319 2023-08-01 2024-07-31 10201319 frs-core:CurrentFinancialInstruments 2024-07-31 10201319 frs-core:ShareCapital 2024-07-31 10201319 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 10201319
Sydney Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Sydney Holdings Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Sydney Holdings Limited
Statement of Financial Position
As At 31 July 2025
Statement of Financial Position
Registered number: 10201319

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 1,209,684 |  | 1,209,684
Investments | 5 |  | 496,001 |  | 496,001
|  |  | 1,705,685 |  | 1,705,685
CURRENT ASSETS
Debtors | 6 | 365,621 |  | 382,222 |
Cash at bank and in hand |  | 2,126 |  | 1,083 |
|  | 367,747 |  | 383,305 |
Creditors: Amounts Falling Due Within One Year | 7 | (675,910 ) |  | (717,835 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (308,163 ) |  | (334,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,397,522 |  | 1,371,155
NET ASSETS |  |  | 1,397,522 |  | 1,371,155
CAPITAL AND RESERVES
Called up share capital | 8 |  | 11 |  | 11
Income Statement |  |  | 1,397,511 |  | 1,371,144
SHAREHOLDERS' FUNDS |  |  | 1,397,522 |  | 1,371,155

Page 1
Page 2
Sydney Holdings Limited
Statement of Financial Position (continued)
As At 31 July 2025
For the year ending 31 July 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 his 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 Income Statement.
On behalf of the board

The Hon J Holland-Hibbert Director
26/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Sydney Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Sydney Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10201319 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The company is a parent company and is exempt from the requirement to prepare group accounts by virtue of section 399 of the Companies Act 2006. These financial statements therefore present information about the company as an individual undertaking and not about its group.
These financial statements are presented in £ sterling, which is the functional currency of the company and rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rental properties.
Rental property income
Turnover from the rental properties is recognised at the stage of completion of the contract. The stage of completion is recognised over the period of occupation of the property.
2.3. Investment Properties
Investment property is carried at fair value determined annualy by the director from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.
Valuation of investments
Investments in subsidiaries and joint ventures are measured at cost less accumulated impairment.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Page 3
Page 4
Sydney Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.6. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
2.7. Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 August 2024 and 31 July 2025 | 1,209,684

Investment property had been accounted for under historical cost accounting rules, the amounts are:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 1,209,684 |  | 1,209,684

The investment for Sydney Holdings Ltd is accounted for as rental property investments.
Investment property is carried at fair value determined annually by the director, derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account value disclosure policy.The director considers that the property has not changed in fair value from the previous accounting period.
5. Investments

| Subsidiaries | Joint Ventures | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 August 2024 | 1 | 496,000 | 496,001
As at 31 July 2025 | 1 | 496,000 | 496,001
Provision
As at 1 August 2024 | - | - | -
As at 31 July 2025 | - | - | -
Net Book Value
As at 31 July 2025 | 1 | 496,000 | 496,001
As at 1 August 2024 | 1 | 496,000 | 496,001

Subsidiary undertakings investments are comprised of a 100% holding in James Holland-Hibbert Limited. Unlisted investments comprise of a 50% joint venture for Hazlitt-Holland Hibert Limited subsidiary undertakings investments were made of £496,000 ordinary shares to joint venture for Hazlitt-Holland Hibert Limited and £1 of subsidiary ordinary shares to James Holland-Hibbert Limited.
Page 4
Page 5
Sydney Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 49,661 |  | 49,516
Other debtors | 230,000 |  | 230,000
Amounts owed by group undertakings | 85,960 |  | 102,706
| 365,621 |  | 382,222

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 6,955 |  | -
Other creditors | - |  | 9,000
Accruals and deferred income | 2,040 |  | 1,920
Director's loan account | 666,915 |  | 706,915
| 675,910 |  | 717,835

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 11 |  | 11

9. Related Party Transactions
The company has taken the exemption under FRS 102 section 33.1A not to disclose transactions and balances with wholly owned group companies.
During the year the Company entered into the following transactions with related parties:
During the year, the Company made loans of £NIL (2024 - £NIL) to its Joint Venture, Hazlitt-Holland-Hibbert Limited. At the year-end, a balance of £230,000 (2024 - £230,000), held with other debtors, was outstanding.
Amounts owed by group undertakings are interest free and repayable on demand.
10. Ultimate Controlling Party
The company's ultimate controlling party is The Hon J Holland-Hibbert by virtue of his ownership of 100% of the issued share capital in the company.
Page 5