3 September 2024 false No description of principal activity Taxfiler 2024.6 15931770 business:PrivateLimitedCompanyLtd 2024-09-03 2025-09-30 15931770 2024-09-02 15931770 2024-09-03 2025-09-30 15931770 business:AuditExempt-NoAccountantsReport 2024-09-03 2025-09-30 15931770 business:FilletedAccounts 2024-09-03 2025-09-30 15931770 2025-09-30 15931770 business:Director1 2024-09-03 2025-09-30 15931770 business:RegisteredOffice 2024-09-03 2025-09-30 15931770 core:WithinOneYear 2025-09-30 15931770 core:SharePremium core:PreviouslyStatedAmount 2025-09-30 15931770 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 15931770 core:PreviouslyStatedAmount 2025-09-30 15931770 business:SmallEntities 2024-09-03 2025-09-30 15931770 countries:EnglandWales 2024-09-03 2025-09-30 15931770 core:LandBuildings 2024-09-03 2025-09-30 15931770 core:LandBuildings 2024-09-02 15931770 core:LandBuildings 2025-09-30 iso4217:GBP xbrli:pure
Company Registration No. 15931770 (England and Wales)
Sum Property Investment Ltd Unaudited accounts for the period from 3 September 2024 to 30 September 2025
Sum Property Investment Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sum Property Investment Ltd Company Information for the period from 3 September 2024 to 30 September 2025
Director
Ugor Gungor
Company Number
15931770 (England and Wales)
Registered Office
44 Birmingham Road Sutton Coldfield West Midlands B72 1QQ England
- 3 -
Sum Property Investment Ltd Statement of financial position as at 30 September 2025
2025
Notes
£
Fixed assets
Tangible assets
4
389,541
Current assets
Cash at bank and in hand
21,167
Creditors: amounts falling due within one year
5
(405,555)
Net current liabilities
(384,388)
Net assets
5,153
Capital and reserves
Share premium
10,000
Profit and loss account
(4,847)
Shareholders' funds
5,153
For the period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 January 2026 and were signed on its behalf by
Ugor Gungor Director Company Registration No. 15931770
- 4 -
Sum Property Investment Ltd Notes to the Accounts for the period from 3 September 2024 to 30 September 2025
1
Statutory information
Sum Property Investment Ltd is a private company, limited by shares, registered in England and Wales, registration number 15931770. The registered office is 44 Birmingham Road, Sutton Coldfield, West Midlands, B72 1QQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% Straight Line
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 3 September 2024
-
Additions
392,287
At 30 September 2025
392,287
Depreciation
Charge for the period
2,746
At 30 September 2025
2,746
Net book value
At 30 September 2025
389,541
5
Creditors: amounts falling due within one year
2025
£
Other creditors
19,800
Loans from directors
384,955
Accruals
800
405,555
- 5 -
Sum Property Investment Ltd Notes to the Accounts for the period from 3 September 2024 to 30 September 2025
6
Average number of employees
During the period the average number of employees was 0.
- 6 -