SEDLEY COURT LIMITED - Filleted accounts

Registered number

02766413

SEDLEY COURT LIMITED

Unaudited Financial Statements

31 March 2026

SEDLEY COURT LIMITED
Registered number:		02766413
Balance Sheet
as at 31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed Assets
Tangible assets	4		124,206		124,206


Current assets
Debtors	5	16		16

Creditors: amounts falling due within one year	6	(138)		(138)

Net current liabilities			(122)		(122)

Net assets			124,084		124,084


Capital and reserves
Called up share capital			16		16
Share premium account			123,984		123,984
Profit and loss reserves			84		84

Shareholder's funds			124,084		124,084


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has 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. A profit and loss account has not been delivered to the Registrar of Companies.





M E Harrod
Director
Approved by the board on 20 April 2026

SEDLEY COURT LIMITED
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Company Information
	Sedley Court Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Sedley Court, 48 Sydenham Hill, London, SE26 6LX

1.1	Accounting convention

	As defined in the Companies Act 2006, Sedley Court Limited retain its accounting policies for reported assets, liabilities and equity at the date of transition until such time that there is a change to those balances or the company enters into new transactions. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit and loss.

1.2	Profit and loss account
	The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. No depreciation is provided on freehold buildings as it is the company's policy to maintain these so as to extend their useful lives. Land and buildings Freehold The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.







1.5	Financial instruments
	The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Basic financial assets
	Basic financial assets, which include debtors and 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. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

1.6	Equity instruments
	Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2	Judgements and key sources of estimation uncertainty
	In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.








3	Employees

	The average monthly number of persons (including directors) employed by the company during the year was:

		2025	2024
		Number	Number

	Total	-	-


4	Tangible fixed assets

			Land and
			buildings
			£
	Cost		124,206
	At 1 April 2024 and 31 March 2025

	Depreciation
	At 1 April 2024 and 31 March 2025		-

	Carrying amount
	At 31 March 2025		124,206

	At 31 March 2024		124,206


5	Debtors	2025	2024
		£	£
	Amounts falling due within one year:
	Other debtors	16	16


6	Credtiors	2025	2024
		£	£
	Amounts falling due within one year:
	Other creditors	138	138