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Registered number: 09455034
Sridevy Estates Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Sridevy Estates Limited
Contents
Contents

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

Page 1
Sridevy Estates Limited
Statement of Financial Position
As At 28 February 2025
Statement of Financial Position
Registered number: 09455034

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,000,000 |  | 2,000,000
|  |  | 2,000,000 |  | 2,000,000
CURRENT ASSETS
Debtors | 5 | 14,576 |  | - |
Cash at bank and in hand |  | 795 |  | 7,565 |
|  | 15,371 |  | 7,565 |
Creditors: Amounts Falling Due Within One Year | 6 | (296,262 ) |  | (338,593 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (280,891 ) |  | (331,028 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,719,109 |  | 1,668,972
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,279,235 ) |  | (1,282,240 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (81,870 ) |  | (81,870 )
NET ASSETS |  |  | 358,004 |  | 304,862
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Fair value reserve | 10 |  | 349,024 |  | 349,024
Income Statement |  |  | 8,880 |  | (44,262 )
SHAREHOLDERS' FUNDS |  |  | 358,004 |  | 304,862

Page 1
Page 2
Sridevy Estates Limited
Statement of Financial Position (continued)
As At 28 February 2025
For the year ending 28 February 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 her 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

Mrs Sridevy Manoharan Director
13/02/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Sridevy Estates Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Sridevy Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09455034 . The registered office is 60 Avenue Road, Belmont, Sutton, England, SM2 6JB.
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.
2.2. Turnover
Revenue
Turnover represents rental income received during the year.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and 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 for. Changes in fair value are recognised in the income statement.
2.4. Financial Instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
2.5. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Sridevy Estates Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost
As at 1 March 2024 | 2,000,000
As at 28 February 2025 | 2,000,000
Net Book Value
As at 28 February 2025 | 2,000,000
As at 1 March 2024 | 2,000,000

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 14,576 |  | -

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 26,154 |  | 22,919
Bank loans and overdrafts | 86,496 |  | 86,496
Corporation tax | 3,239 |  | -
VAT | 13,072 |  | 1,449
Rent Deposits | 13,459 |  | 13,459
Accruals and deferred income | 1,000 |  | 3,000
Director's loan account | 152,842 |  | 211,270
| 296,262 |  | 338,593

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loan | 1,279,235 |  | 1,282,240

Page 4
Page 5
Sridevy Estates Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
8. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,365,731 |  | 1,368,736

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Reserves

| Fair value reserve | Income Statement
--- | --- | ---
| £ | £
As at 1 March 2024 | 349,024 | (44,262 )
Profit for the year and total comprehensive income | - | 53,142
As at 28 February 2025 | 349,024 | 8,880

11. Related Party Transactions
Included in creditors is a balance of £152,842 (2024: £211,270) owed to the directors. This loan is interest free and repayable on demand.
Page 5