Registration number: 10809464

SDT Properties 2017 Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Abridged Financial Statements	4 to 6

SDT Properties 2017 Limited

Company Information

Director

S A Dawodu-Talabi

Registered office

26 Beechwood Avenue Chatham Kent ME5 7HH

Accountants

SDT Accounting and Taxation Services Ltd Chartered Certified Accountant26 Beechwood Avenue Chatham Kent ME5 7HH

SDT Properties 2017 Limited

(Registration number: 10809464)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Investment property		643,827	643,827
Current assets
Debtors		1,602	1,583
Cash at bank and in hand		1,854	2,592
		3,456	4,175
Creditors: Amounts falling due within one year		(181,576)	(182,645)
Net current liabilities		(178,120)	(178,470)
Total assets less current liabilities		465,707	465,357
Creditors: Amounts falling due after more than one year	6.1	(490,953)	(492,453)
Net liabilities		(25,246)	(27,096)
Capital and reserves
Called up share capital		100	100
Retained earnings		(25,346)	(27,196)
Shareholders' deficit		(25,246)	(27,096)

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

SDT Properties 2017 Limited

(Registration number: 10809464)
Abridged Balance Sheet as at 31 August 2025

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 18 May 2026
 

S A Dawodu-Talabi
Director

SDT Properties 2017 Limited

Notes to the Abridged Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
26 Beechwood Avenue
Chatham
Kent
ME5 7HH

These financial statements were authorised for issue by the director on 18 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

SDT Properties 2017 Limited

Notes to the Abridged Financial Statements for the Year Ended 31 August 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Investment properties

	2025 £
At 1 September	643,827

There has been no valuation of investment property by an independent valuer.

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

SDT Properties 2017 Limited

Notes to the Abridged Financial Statements for the Year Ended 31 August 2025

5	Related party transactions

Included in other creditor's, there is a director's loan account balance of £94,558 (2024: £89,058).

Included in other creditors, there is a loan balance of £66,771 (2024: £68,587) due to SDT Properties Limited, a company under common control by the director.

6

Creditors

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured on the property as a first charge of £476,953 (2024 - £476,953).

Creditors include bank loans repayable by instalments of £476,953 (2024 - £2476,953) due after more than five years.

Creditors due in more than one year include other loans of £10,000 (2024 - £10,000).