Registered number
14174212
SVL2 Ltd
Filleted Accounts
31 May 2025

SVL2 Ltd
Registered number: | 14174212
Balance Sheet
as at 31 May 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investments | 3 |  |  | 1,866,954 |  |  | 1,866,954
Current assets
Debtors | 4 |  | 76,700 |  |  | 42,440
Cash at bank and in hand |  |  | 42,762 |  |  | 57,141
|  |  | 119,462 |  |  | 99,581
Creditors: amounts falling due within one year | 5 |  | (1,769,464) |  |  | (1,850,488)
Net current liabilities |  |  |  | (1,650,002) |  |  | (1,750,907)
Net assets |  |  |  | 216,952 |  |  | 116,047
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | 216,951 |  |  | 116,046
Shareholders' funds |  |  |  | 216,952 |  |  | 116,047
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Singh
Director
Approved by the board on 20 February 2026

SVL2 Ltd
Notes to the Accounts
for the year ended 31 May 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the return on investment. Turnover from the return on investment is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured when the rent becomes due.
| Investment property
| Investment properties are included at fair value. Gains are recognised in the profit and loss account. Deferred tax is provided on these gains at the rate expected to apply when the property is sold. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Investments
Other
investments
£
| Cost
| At 1 June 2024 | 1,866,954
| At 31 May 2025 | 1,866,954
| Historical cost
| At 1 June 2024 | 1,866,954
| At 31 May 2025 | 1,866,954
| No depreciation is charged on the investment properties. The director reviewed the fair market value as at the balance sheet date and considers that the current valuation has not changed significaltly.
4 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 16,700 |  | 42,440
| Amounts owed by related undertakings and undertakings in which the company has a participating interest |  | 60,000 |  | -
|  |  |  |  |  | 76,700 |  | 42,440
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | 2,567 |  | -
| Amounts owed to related undertakings and undertakings in which the company has a participating interest |  | 1,150,000 |  | 1,190,000
| Taxation and social security costs | 36,048 |  | 49,489
| Director's loan account | 560,999 |  | 560,999
| Other creditors | 19,850 |  | 50,000
|  |  |  |  |  | 1,769,464 |  | 1,850,488
6 | Related party transactions
| The company lend and borrow funds from it's other related companies namely, CGC Design & Build Ltd, Goldwater Ltd, Sterling Ventures London Ltd, Sterling Ventures London Holdings Ltd and SVL1 Ltd. All of these companies are under common control. These funds are interest free and are repayable on demand. The amounts owed to these companies as at the balance sheet date was £1,150,000 (2024: £1,190,000) and the amount owed by SVL1 Ltd as at the balance sheet date was £60,000 (2024: £nil).
7 | Other information
| SVL2 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| Unit 6 Maidenhead Trade Park
| Priors Way
| Maidenhead
| Berkshire
| SL6 2GQ

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