10257921 false property investment 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2024-07-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-07-31 http://www.companieshouse.gov.uk/cd:Director1 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-07-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-07-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-07-31 http://www.companieshouse.gov.uk/2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2024-07-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2025-07-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10257921
Sugarfriends Limited
ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Sugarfriends Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
DIRECTORS
Abraham Sugarwhite
REGISTERED OFFICE
37 Craven Park Road
London
N15 6AA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10257921
BANKERS
TSB
SOLICITORS
Glaisyers
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Sugarfriends Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Sugarfriends Limited

BALANCE SHEET AT 31/07/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  |  |  |  |  | 220,796 |  |  |  | 220,796
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 3 |  | 234 |  |  |  | 848 |  |
Cash at bank and in hand |  |  |  | 364 |  |  |  | 1,765 |  |
|  |  |  | 598 |  |  |  | 2,613 |  |
CREDITORS: Amounts falling due within one year |  | 4 |  | 60,184 |  |  |  | 56,233 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (59,586) |  |  |  | (53,620)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 161,210 |  |  |  | 167,176
CREDITORS: Amounts falling due after more than one year |  | 5 |  |  |  | 180,681 |  |  |  | 180,681
NET LIABILITIES |  |  |  |  |  | (19,471) |  |  |  | (13,505)
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 7 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | (19,571) |  |  |  | (13,605)
SHAREHOLDERS' FUNDS |  |  |  |  |  | (19,471) |  |  |  | (13,505)
For the year ending 31/07/2025 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/01/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Abraham Sugarwhite |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Sugarfriends Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

1c. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

2. INVESTMENT PROPERTIES |  |  |  |
|  | Investment |  |
|  | Properties |  | Total
|  | £ |  | £
Fair value |  |  |  |
At 01/08/2024 |  | 220,796 |  | 220,796
At 31/07/2025 |  | 220,796 |  | 220,796

3. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 234 |  | 848
|  |  |  | 234 |  | 848

Sugarfriends Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Trade creditors |  |  |  | 1,005 |  | 1,005
Other creditors |  |  |  | 57,499 |  | 54,268
Accruals |  |  |  | 1,680 |  | 960
|  |  |  | 60,184 |  | 56,233

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans (secured) >1yr |  |  |  | 180,681 |  | 180,681
|  |  |  | 180,681 |  | 180,681

6. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | - |  | -

7. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

8. CONTROLLING PARTY
The company is controlled by Abraham Sugarwhite, the director, by virtue of the fact the he holds 100% of the company's issued and called up, voting share capital.