Company registration number 03766755 (England and Wales)
SYB LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
SYB LIMITED
COMPANY INFORMATION
Directors
Shilpesh Patel
Yatin Patel
Secretary
Shilpesh Patel
Company number
03766755
Registered office
6 Ritherdon Road
LONDON
SW17 8QD
Accountants
Y R Associates
6 Ritherdon Road
London
SW17 8QD
SYB LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
SYB LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
8,001,374
7,571,374
Current assets
Debtors
4
5,340
8,041
Cash at bank and in hand
10,839
2,751
16,179
10,792
Creditors: amounts falling due within one year
5
(116,400)
(106,420)
Net current liabilities
(100,221)
(95,628)
Total assets less current liabilities
7,901,153
7,475,746
Creditors: amounts falling due after more than one year
6
(1,851,702)
(2,072,259)
Provisions for liabilities
(613,601)
(506,101)
Net assets
5,435,850
4,897,386
Capital and reserves
Called up share capital
8
200
200
Fair value reserve
9
2,482,302
2,159,802
Profit and loss reserves
10
2,953,348
2,737,384
Total equity
5,435,850
4,897,386
SYB LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2025
31 August 2025
- 2 -

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 May 2026 and are signed on its behalf by:
Shilpesh Patel
Director
Company registration number 03766755 (England and Wales)
SYB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
1
Accounting policies
Company information

SYB Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 Ritherdon Road, LONDON, SW17 8QD.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

1.2
Going concern

The company is reliant on the continued support of its directors to continue trading. On this basis the financial true statements have been prepared on a going concern basis. The financial statements do not include any adjustments that may be required from a withdrawal of such financial support.

1.3
Turnover

Turnover represents rents receivable.

1.4
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.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.6
Taxation
Current tax

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.

SYB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
2
Employees

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

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 September 2024
7,571,374
Revaluations
430,000
At 31 August 2025
8,001,374
If investment properties were stated on an historical cost basis rather than a fair value basis, the amounts would have been included as follows:
2025
2024
£
£
Cost
4,905,472
4,905,472
Accumulated depreciation
-
-
Carrying amount
4,905,472
4,905,472
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
1,797
Other debtors
5,340
6,244
5,340
8,041
SYB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,037
1,574
Corporation tax
71,988
67,260
Other taxation and social security
2,580
997
Other creditors
38,795
36,589
116,400
106,420
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
1,851,702
2,072,259
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Investment property
613,601
506,101
2025
Movements in the year:
£
Liability at 1 September 2024
506,101
Charge to profit or loss
107,500
Liability at 31 August 2025
613,601
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
200
200
200
200
SYB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
9
Fair value reserve
2025
2024
£
£
At the beginning of the year
2,159,802
2,159,802
Revaluation surplus arising in the year
430,000
-
0
Deferred tax on revaluation of investment property
(107,500)
-
At the end of the year
2,482,302
2,159,802
10
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
2,737,384
2,558,637
Adjusted balance
2,737,384
2,558,637
Profit for the year
538,465
178,747
Transfer to fair value reserve
(430,000)
-
0
Deferred tax transfer to fair value reserves
107,499
-
0
At the end of the year
2,953,348
2,737,384
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