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Registration number: 04424834

Sigma Real Estate Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Sigma Real Estate Ltd

Contents

Company Information | 1
Statement of financial position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Sigma Real Estate Ltd

Company Information

Directors | Mr Stefan Gostling Mr Philip M Bone

Registered office | 19 King Street King's Lynn Norfolk PE30 1HB

Accountants | Hayhow & Co Chartered Certified Accountants & Business Advisers19 King Street King's Lynn Norfolk PE30 1HB

Sigma Real Estate Ltd

(Registration number: 04424834)
Statement of financial position as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 131 | 174
Investment property | 5 | 1,100,000 | 1,100,000
|  | 1,100,131 | 1,100,174
Current assets |  |  |
Debtors | 6 | 1,085 | 4,533
Cash at bank and in hand |  | 23,629 | 33,561
|  | 24,714 | 38,094
Creditors: Amounts falling due within one year | 7 | (10,987) | (13,252)
Net current assets |  | 13,727 | 24,842
Total assets less current liabilities |  | 1,113,858 | 1,125,016
Creditors: Amounts falling due after more than one year | 7 | (770,633) | (773,848)
Provisions for liabilities |  | (15,201) | (15,201)
Net assets |  | 328,024 | 335,967
Capital and reserves |  |  |
Called up share capital | 8 | 1,200 | 1,200
Revaluation reserve |  | 64,799 | 64,799
Retained earnings |  | 262,025 | 269,968
Shareholders' funds |  | 328,024 | 335,967

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of comprehensive income.

Approved and authorised by the Board on 6 March 2026 and signed on its behalf by:

Sigma Real Estate Ltd

(Registration number: 04424834)
Statement of financial position as at 30 April 2025

......................................... Mr Stefan Gostling Director

Sigma Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
19 King Street
King's Lynn
Norfolk
PE30 1HB

These financial statements were authorised for issue by the Board on 6 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Sigma Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture and fittings | 25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Sigma Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 May 2024 | 13,707 | 13,707
At 30 April 2025 | 13,707 | 13,707
Depreciation
At 1 May 2024 | 13,533 | 13,533
Charge for the year | 43 | 43
At 30 April 2025 | 13,576 | 13,576
Carrying amount
At 30 April 2025 | 131 | 131
At 30 April 2024 | 174 | 174

5 | Investment properties

| 2025 £
At 1 May | 1,100,000
At 30 April | 1,100,000

There has been no valuation of investment property by an independent valuer.

6 | Debtors

Sigma Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 10 | 905 | 3,533
Other debtors |  | 180 | 1,000
|  | 1,085 | 4,533

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 3,500 | 3,500
Amounts due to related parties | 10 | 584 | 344
Other payables |  | 33 | 821
Accruals |  | 1,335 | 1,335
Tax liability |  | 5,535 | 7,252
|  | 10,987 | 13,252
Due after one year |  |  |
Loans and borrowings | 9 | 770,633 | 773,848

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £770,050. (2024 £770,000)

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A of £1 each | 400 | 400 | 400 | 400
Ordinary B of £1 each | 400 | 400 | 400 | 400
Ordinary C of £1 each | 400 | 400 | 400 | 400
| 1,200 | 1,200 | 1,200 | 1,200

Each share is entitled to one vote in any circumstances and each share is also entitled pari passu to dividend payments or any other distribution, including a distribution arising from a winding up of the company.

Sigma Real Estate Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 770,633 | 773,848

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,500 | 3,500

10 | Related party transactions

Transactions with directors

Loans to related parties

2025 | Other related parties £ | Total £
At start of period | (3,533) | (3,533)
Advanced | 2,628 | 2,628
At end of period | (905) | (905)

2024 | Other related parties £ | Total £
At start of period | (2,545) | (2,545)
Advanced | (988) | (988)
At end of period | (3,533) | (3,533)

Terms of loans to related parties

Blackfriars Resident £905 (2024 £1,222)
Sigma Partnership £0 (2024 2,311)