REGISTERED NUMBER: 11230774 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 28 AUGUST 2025

FOR

SUMMERHILL LAND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Elliott

REGISTERED OFFICE:

Plum Tree Cottage

Maidstone Road

Horsmonden

Kent

TN12 8NE

REGISTERED NUMBER:

11230774 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Tangible assets

4

-

12,356

Investment property

5

-

624,313

-

636,669

CURRENT ASSETS

Debtors

6

3,773

3,181

Cash at bank and in hand

842,884

109,983

846,657

113,164

CREDITORS

Amounts falling due within one year

7

816,746

720,811

NET CURRENT ASSETS/(LIABILITIES)

29,911

(607,647

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,911

29,022

PROVISIONS FOR LIABILITIES

-

4,471

NET ASSETS

29,911

24,551

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

29,891

24,531

SHAREHOLDERS' FUNDS

29,911

24,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were authorised for issue and approved by the director and authorised for issue on 15 April 2026 and were signed by:

J Elliott - Director

1.	STATUTORY INFORMATION

Summerhill Land Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

Accounting standards require the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that the company has ceased trading and that the accounts are drawn up on a cessation basis. It continues to have positive reserves and cash balances, and the support of the director, who is the largest creditor.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises sale of property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilites like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to known amounts of cash with no significant risk of change in value.

Creditors

Short term creditors are measured at the transaction price.

Debtors

Short term debtors are measured at transaction price, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 March 2024

997

72,691

73,688

Disposals

-

(72,691

)

(72,691

)

At 28 August 2025

997

-

997

Depreciation

At 1 March 2024

872

60,460

61,332

Charge for period

125

4,036

4,161

Eliminated on disposal

-

(64,496

)

(64,496

)

At 28 August 2025

997

-

997

Net book value

At 28 August 2025

-

-

-

At 29 February 2024

125

12,231

12,356

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 March 2024

624,313

Additions

165,297

Disposals

(789,610

)

At 28 August 2025

-

Net book value

At 28 August 2025

-

At 29 February 2024

624,313

The investment property is carried at cost including any directly attributable costs which the director believes is equivalent to its market value prior to sale. There was a charge registered at Companies House in relation to the property which was released post year end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

3,773

3,181

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

720

360

Corporation tax

17,604

-

Other creditors

50,000

-

Directors' current accounts

729,677

718,201

Accruals and deferred income

18,745

2,250

816,746

720,811

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Elliott.