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COMPANY REGISTRATION NUMBER: 08590139

39 SUTHERLAND AVENUE FREEHOLD LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 July 2025

39 SUTHERLAND AVENUE FREEHOLD LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025

Contents | Page

Officers and professional advisers | 1

Statement of financial position | 2

Notes to the financial statements | 4

39 SUTHERLAND AVENUE FREEHOLD LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors | M Karpes
| Z Othman
| K Prideaux

Registered office | c/o UHY Hacker Young
| 168 Church Road
| Hove
| East Sussex
| BN3 2DL

Accountants | UHY Hacker Young
| Chartered Accountants
| 168 Church Road
| Hove
| BN3 2DL

39 SUTHERLAND AVENUE FREEHOLD LIMITED

STATEMENT OF FINANCIAL POSITION

31 July 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 24,774 | 24,774

Current assets

Debtors | 5 | 3,875 |  | 3,700
Cash at bank and in hand | 6 |  | 6
| ------- |  | -------
| 3,881 |  | 3,706

Creditors: amounts falling due within one year | 6 | 31,373 |  | 30,964
| --------- |  | ---------
Net current liabilities |  | 27,492 | 27,258
|  | --------- | ---------
Total assets less current liabilities |  | ( 2,718) | ( 2,484)
|  | ------- | -------
Net liabilities |  | ( 2,718) | ( 2,484)
|  | ------- | -------

Capital and reserves

Called up share capital |  | 6 | 6
Profit and loss account |  | ( 2,724) | ( 2,490)
|  | ------- | -------
Shareholders deficit |  | ( 2,718) | ( 2,484)
|  | ------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

39 SUTHERLAND AVENUE FREEHOLD LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 13 April 2026 , and are signed on behalf of the board by:

M Karpes
Director

Company registration number: 08590139

39 SUTHERLAND AVENUE FREEHOLD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o UHY Hacker Young, 168 Church Road, Hove, East Sussex, BN3 2DL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continuing support of the company's directors.
If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of the assets to their recoverable amounts and to provide for further liabilities that might arise. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets

| Land and buildings
| £
Cost |
At 1 August 2024 and 31 July 2025 | 24,774
| ---------
Depreciation |
At 1 August 2024 and 31 July 2025 | –
| ---------
Carrying amount |
At 31 July 2025 | 24,774
| ---------
At 31 July 2024 | 24,774
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors - monies held by lawyers | 3,000 | 3,000
Other debtors | 875 | 700
| ------- | -------
| 3,875 | 3,700
| ------- | -------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Monies held for lease extensions | 3,000 | 3,000
Other creditors | 28,373 | 27,964
| --------- | ---------
| 31,373 | 30,964
| --------- | ---------

The company holds loans from its shareholders to provide funds for the acquisition of the freehold property on 17 March 2014. These loans are interest free, repayable on demand as and when the company has sufficient funds available to make a repayment and continue to operate for the foreseeable future.
7. Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.