SF Miller Limited

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

Registered number: 10391899

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		360,000		350,000

			360,000		350,000
CURRENT ASSETS
Debtors	5	1,195		-
Cash at bank and in hand		36,193		5,380

		37,388		5,380
Creditors: Amounts Falling Due Within One Year	6	(176,577 )		(139,040 )

NET CURRENT ASSETS (LIABILITIES)			(139,189 )		(133,660 )

TOTAL ASSETS LESS CURRENT LIABILITIES			220,811		216,340

Creditors: Amounts Falling Due After More Than One Year	7		(182,735 )		(182,735 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,854 )		(6,954 )

NET ASSETS			29,222		26,651

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			29,220		26,649

SHAREHOLDERS' FUNDS			29,222		26,651

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SF Miller Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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

F Al-Tahan

Director

16 June 2026

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

1. General Information

SF Miller Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10391899 . The registered office is Avaland House, 110 London Road, Hemel Hempstead, Hertfordshire, HP3 9SD.

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. Going Concern Disclosure

At 30 September 2025 the company had net assets of £29,222 (FY2024: £26,651). The amounts owed to the director at that date were £175,683 (FY2024: £137,383). The director has confirmed that they do not intend to request repayment of this balance, nor to withdraw their financial support, until the company’s financial position and cash flows are sufficient to enable repayment without prejudicing the company’s ability to meet its liabilities as they fall due.

The financial statements have been prepared on a going concern basis. This assumes that the company will continue in operational existence for the foreseeable future. If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, and to provide for further liabilities that might arise and to reclassify fixed assets as current assets.

2.3. 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.

2.4. Investment Properties

Investment property is included at fair value. Revaluation gains are recognised in the profit and loss account. Deferred

taxation is provided on these gains at the rate expected to apply when the property is sold.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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SF Miller Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

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

4. Investment Property

	2025
	£
Fair Value
As at 1 October 2024	350,000
Revaluations	10,000

As at 30 September 2025	360,000

The fair value of the company’s investment property at 30 September 2025 has been determined by the directors, based on their review of current market conditions and recent comparable transactions for similar properties.

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,195	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	-	783
Accruals and deferred income	894	874
Directors' loan accounts	175,683	137,383

	176,577	139,040

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SF Miller Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

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

	2025	2024
	£	£
Bank loans	182,735	182,735

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Other Creditors	182,735		-

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Financial Instruments

Bank loan

At 30 September 2025 the company had a bank loan of £182,735 (2024 £182,735), all of which is included within creditors falling due after more than one year.

The loan is secured by a legal charge over the company’s investment property, which had a carrying amount of £360,000 at 30 September 2025.

10. Reserves

	Profit and Loss Account
	£
As at 1 October 2024	26,649
Profit for the year and total comprehensive income	2,571

As at 30 September 2025	29,220

The revaluation reserve at 30 September 2025 was £37,746 (2024: £29,646), representing unrealised gains arising on the revaluation of the company’s investment property. This reserve is not distributable under the Companies Act 2006. After taking account of the revaluation reserve, the company’s remaining reserves, including the profit and loss account, were in deficit at 30 September 2025. Accordingly, the company had no distributable reserves at the year end.

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