REGISTERED NUMBER: 09289209 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

S & C PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C J Dickinson

REGISTERED OFFICE:

51 Bolton Road

Hawkshaw

Bury

Lancashire

BL8 4JA

REGISTERED NUMBER:

09289209 (England and Wales)

ACCOUNTANTS:

Burnside

Chartered Accountants

61 Queen Square

Bristol

BS1 4JZ

CURRENT ASSETS

Stocks

4

124,837

111,066

Cash at bank

3,255

3,233

128,092

114,299

CREDITORS

Amounts falling due within one year

5

203,013

58,342

NET CURRENT (LIABILITIES)/ASSETS

(74,921

)

55,957

TOTAL ASSETS LESS CURRENT LIABILITIES

(74,921

)

55,957

CREDITORS

Amounts falling due after more than one year

6

54,393

155,351

NET LIABILITIES

(129,314

)

(99,394

)

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

(129,318

)

(99,398

)

SHAREHOLDERS' FUNDS

(129,314

)

(99,394

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 approved by the director and authorised for issue on 29 April 2026 and were signed by:

C J Dickinson - Director

1.	STATUTORY INFORMATION

S & C Property Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents the value of property sales completed during the year. Property sales are recognised when the sale completes and contracts of sale are duly executed.

Work in progress

Work in progress represents the total property purchase price and subsequent development costs incurred at the year end on sites for which sales have not completed.

Work in progress is reported at the lower of cost and net realisable value.

Financial instruments

Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Financial instruments (continued)

Interest bearing bank loans and other loans which meet the criteria of basic financial instruments are initially recorded at the present value of cash payable to the bank, usually being equivalent to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year 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 year 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.

Going concern

At 30 April 2025 the company had net liabilities of £129,314 (2024 - £99,394). The company has made a loss in the current year.

The director has reviewed the going concern status of the business and fully expects that the company will remain a going concern and will have sufficient working capital to meet its requirements for the foreseeable future.

The director has further confirmed his intent to provide additional financial support should this be required to enable the company to meet all of its liabilities as they fall due. The director therefore continues to adopt the going concern basis of accounting in preparing these financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.

STOCKS

2025

2024

£

£

Work-in-progress

124,837

111,066

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loan (see note 7)

19,295

6,762

Other creditors

169,120

39,412

Accruals and deferred income

14,598

12,168

203,013

58,342

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 7)

36,155

40,265

Other creditors

18,238

115,086

54,393

155,351

7.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

19,295

6,762

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,684

6,762

Amounts falling due between two and five years:

Bank loans - 2-5 years

26,471

33,503

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

55,450

47,027

Security has been given by way of a first legal mortgage over the company's interest in the freehold property under development which is held as work in progress at the year-end.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary

£1.00

4

4

10.	ULTIMATE CONTROLLING PARTY

The company was controlled by the director throughout the year by virtue of his 100% interest in the company's issued equity share capital.