REGISTERED NUMBER: 08656609 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SARNMERE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Lovell

J M Lupson

C R Lupson

REGISTERED OFFICE:

C/O TC Thompson Taraz Rand

Suite 20, New Cambridge House

Bassingbourn Road

Litlington

Cambridgeshire

SG8 0SS

BUSINESS ADDRESS:

White House Farm

Rumburgh

Halesworth

Suffolk

IP19 0NG

REGISTERED NUMBER:

08656609 (England and Wales)

ACCOUNTANTS:

TC Group

1st Floor

5-7 Portugal Place

Cambridge

Cambridgeshire

CB5 8AF

FIXED ASSETS

Tangible assets

5

1,572

3,347

Investments

6

100

100

Investment property

7

1,083,000

1,063,000

1,084,672

1,066,447

CURRENT ASSETS

Cash and cash equivalents

283,593

368,950

CREDITORS

Amounts falling due within one year

8

(409,981

)

(535,750

)

NET CURRENT LIABILITIES

(126,388

)

(166,800

)

TOTAL ASSETS LESS CURRENT LIABILITIES

958,284

899,647

PROVISIONS FOR LIABILITIES

9

(17,540

)

(13,740

)

NET ASSETS

940,744

885,907

CAPITAL AND RESERVES

Called up share capital

10

200

200

Fair value reserve

11

74,776

58,576

Retained earnings

865,768

827,131

SHAREHOLDERS' FUNDS

940,744

885,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

S Lovell - Director

1.	STATUTORY INFORMATION

Sarnmere Properties 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is derived from the provision of accommodation and represents rental income received.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Investments in subsidiaries

Investment in subsidiaries are held at cost less impairment.

Investment property

Investment property is included at fair value. Fair value gains and losses are recognised in the profit and loss account. Deferred taxation is provided on these gains and losses at the rate expected to apply when the property is sold.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

15,136

DEPRECIATION

At 1 September 2024

11,789

Charge for year

1,775

At 31 August 2025

13,564

NET BOOK VALUE

At 31 August 2025

1,572

At 31 August 2024

3,347

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

100

NET BOOK VALUE

At 31 August 2025

100

At 31 August 2024

100

7.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 September 2024

1,063,000

Revaluations

20,000

At 31 August 2025

1,083,000

NET BOOK VALUE

At 31 August 2025

1,083,000

At 31 August 2024

1,063,000

Cost or valuation at 31 August 2025 is represented by:

£

Valuation in 2018

(30,778

)

Valuation in 2019

(28,906

)

Valuation in 2020

17,000

Valuation in 2021

82,000

Valuation in 2022

35,000

Valuation in 2023

(14,000

)

Valuation in 2024

12,000

Valuation in 2025

20,000

Cost

990,684

1,083,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

990,684

990,684

Investment property was valued on an open market basis basis on 31 August 2025 by the director .

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

16,222

16,222

Taxation and social security

4,143

5,055

Other creditors

389,616

514,473

409,981

535,750

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

17,540

13,740

Deferred

tax

£

Balance at 1 September 2024

13,740

Provided during year

3,800

Balance at 31 August 2025

17,540

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

11.

RESERVES

Fair

value

reserve

£

At 1 September 2024

58,576

Reserve transfers

16,200

At 31 August 2025

74,776