REGISTERED NUMBER: 12700635 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

SC PROPERTIES BARROW LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Cunningham

REGISTERED OFFICE:

Third Floor

College House

Howard Street

Barrow in Furness

Cumbria

LA14 1NB

REGISTERED NUMBER:

12700635 (England and Wales)

BANKERS:

Tide Platform Ltd

5th Floor 1 Appold Street

London

EC2A 2UT

FIXED ASSETS

Tangible assets

4

32,068

40,268

Investment property

5

1,203,338

1,282,498

1,235,406

1,322,766

CURRENT ASSETS

Debtors

61,505

172

Cash at bank

152,901

3,511

214,406

3,683

CREDITORS

Amounts falling due within one year

1,563,884

1,261,944

NET CURRENT LIABILITIES

(1,349,478

)

(1,258,261

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(114,072

)

64,505

CREDITORS

Amounts falling due after more than one year

-

31,836

NET (LIABILITIES)/ASSETS

(114,072

)

32,669

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(114,073

)

32,668

SHAREHOLDERS' FUNDS

(114,072

)

32,669

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 February 2026 and were signed by:

Mr S Cunningham - Director

1.	STATUTORY INFORMATION

SC Properties Barrow 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced rental income as adjusted for deferred income, excluding VAT.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

and 30 September 2025

60,768

DEPRECIATION

At 1 October 2024

20,500

Charge for year

8,200

At 30 September 2025

28,700

NET BOOK VALUE

At 30 September 2025

32,068

At 30 September 2024

40,268

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 October 2024

and 30 September 2025

60,768

DEPRECIATION

At 1 October 2024

20,500

Charge for year

8,200

At 30 September 2025

28,700

NET BOOK VALUE

At 30 September 2025

32,068

At 30 September 2024

40,268

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

1,282,498

Additions

242,677

Disposals

(176,765

)

Impairments

(145,072

)

At 30 September 2025

1,203,338

NET BOOK VALUE

At 30 September 2025

1,203,338

At 30 September 2024

1,282,498

Fair value at 30 September 2025 is represented by:

£

Valuation in 2024

1,282,498

Valuation in 2025

(79,160

)

1,203,338

6.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Hire purchase contracts

31,836

39,667

The hire purchase is secured against the asset to which the agreement relates.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

1

Ordinary

£1

1

1

8.	RELATED PARTY DISCLOSURES

SC1 Holdco Ltd:

During the year SC1 Holdco Ltd, a company also wholly owned and controlled by Mr S Cunningham, had on an interest-free basis advanced £611,448 (Prior period - £612,448) to the company. This amount is unsecured and repayable on demand.

WES Investments Ltd:

During the year WES Investments Ltd, a company also wholly owned and controlled by Mr S Cunningham, had on an interest-free basis advanced £1,000 (Prior period - £NIL) to the company. This amount is unsecured and repayable on demand.

TEG Technologies Ltd:

During the year the company had advanced funds of £800 (Prior period - £NIL) to TEG Technologies Ltd, a company also wholly owned and controlled by Mr S Cunningham. This amount is interest-free, unsecured and repayable on demand.

CB Properties Barrow Ltd:

During the year the company had advanced funds of £60,705 (Prior period - £NIL) to CB Properties Barrow Ltd, a company in which Mr S Cunningham exercises significant influence and jointly controls. This amount is interest-free, unsecured and repayable on demand.

Mr S Cunningham:

During the year Mr S Cunningham, the director of the company, had on an interest-free basis advanced £876,890 (Prior period - £595,754) to the company. This amount is unsecured and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Cunningham.