Sutherland House Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10415744

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		99,960		-
Investment Properties	5		6,070,662		6,247,068

			6,170,622		6,247,068
CURRENT ASSETS
Debtors	6	3,005,328		1,996,742
Investments	7	17,775		17,775
Cash at bank and in hand		19,850		7,075

		3,042,953		2,021,592
Creditors: Amounts Falling Due Within One Year	8	(23,325 )		(9,926 )

NET CURRENT ASSETS (LIABILITIES)			3,019,628		2,011,666

TOTAL ASSETS LESS CURRENT LIABILITIES			9,190,250		8,258,734

Creditors: Amounts Falling Due After More Than One Year	9		(9,172,253 )		(8,223,461 )

NET ASSETS			17,997		35,273

CAPITAL AND RESERVES
Called up share capital	11		1,200		1,200
Profit and Loss Account			16,797		34,073

SHAREHOLDERS' FUNDS			17,997		35,273

Page 1

Page 2

Sutherland House Properties Limited

Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

D E Ball

Director

30/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sutherland House Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10415744 . The registered office is Sutherland House, Sheriffhales, Shifnal, Shropshire, TF11 8RA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% Reducing Balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

Page 3

Page 4

Sutherland House Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 January 2025	-
Additions	124,950

As at 31 December 2025	124,950

Depreciation
As at 1 January 2025	-
Provided during the period	24,990

As at 31 December 2025	24,990

Net Book Value
As at 31 December 2025	99,960

As at 1 January 2025	-

5. Investment Property

	2025
	£
Fair Value
As at 1 January 2025	6,247,068
Additions	321,290
Disposals	(497,696 )

As at 31 December 2025	6,070,662

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	20,000	-
Prepayments and accrued income	48,694	63,116
Other debtors	15,000	406
Other debtors - 2SHP Ltd Intercompany Account	179,457	105,102
Other debtors - 3SHP Ltd Intercompany Account	142,677	103,638

	405,828	272,262
Due after more than one year
Other debtors - 2SHP Ltd Loan Account	1,800,000	950,000
Other debtors - 3SHP Ltd Loan Account	799,500	774,480

	2,599,500	1,724,480

	3,005,328	1,996,742

Page 4

Page 5

Sutherland House Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Current Asset Investments

	2025	2024
	£	£
Shares in subsidiaries	17,775	17,775

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	12,782	-
Trade creditors	2,888	(668 )
PAYE and NIC	5,975	3,914
Other creditors - D Cubed Developments Ltd Intercompany Account	-	5,000
Accruals and deferred income	1,680	1,680

	23,325	9,926

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	81,167	-
Bank loans	4,718,500	4,966,000
Other creditors	8,811	7,971
Directors loan account	4,363,775	3,249,490

	9,172,253	8,223,461

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	12,782	-
Later than one year and not later than five years	81,167	-

	93,949	-

	93,949	-

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,200	1,200

Page 5