REGISTERED NUMBER: 13428165

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SEEDOE WOODBERRY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Lee

C Halberg

REGISTERED OFFICE:

Enver House

3rd Floor, Enver House

2-4 Tottenham Road

London

N1 4BZ

REGISTERED NUMBER:

13428165

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor, 55 Ludgate Hill

London

EC4M 7JW

FIXED ASSETS

Investment property

4

5,409,686

3,732,089

CURRENT ASSETS

Debtors

5

51,523

10,494

Cash at bank

6

9,027

14,405

60,550

24,899

CREDITORS

Amounts falling due within one year

7

(9,968

)

(6,866

)

NET CURRENT ASSETS

50,582

18,033

TOTAL ASSETS LESS CURRENT LIABILITIES

5,460,268

3,750,122

CREDITORS

Amounts falling due after more than one year

8

(5,335,615

)

(3,324,907

)

NET ASSETS

124,653

425,215

CAPITAL AND RESERVES

Called up share capital

9

1,031,733

1,031,733

Retained earnings

(907,080

)

(606,518

)

SHAREHOLDERS' FUNDS

124,653

425,215

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

B Lee - Director

1.	STATUTORY INFORMATION

The company is a private company limited by shares, which is incorporated and domiciled in the United Kingdom.

The address of the company's registered office is Enver House, 3rd Floor, Enver House, 2-4 Tottenham Road, London, England, N1 4BZ.

The principal activity of the company was that of property development.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Creditors

Short-term creditors are measured at the transaction price.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rental income receivable is recognised in line with the rental contract period.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Investment property

Investment property is carried at fair value determined annually by the directors 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. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other income or to an item recognised directly in equity is also recognised in other income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

- Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Company can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Going concern

The financial statements have been prepared on a going concern basis. The ultimate shareholders have provided assurance of their continued support. Accordingly, having considered the company's projected results, anticipated cash flows, and available mitigating actions for the twelve months from the date of approval, the director considers the going concern basis to be appropriate.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 January 2025

3,732,089

Additions

1,677,597

At 31 December 2025

5,409,686

Net book value

At 31 December 2025

5,409,686

At 31 December 2024

3,732,089

The 2025 valuations were carried out by the director on an open market value basis, assuming existing use.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1

1

VAT

10,845

6,279

Accrued income

-

2,500

Prepayments

40,677

1,714

51,523

10,494

6.	CASH AT BANK

2025

2024

£

£

Cash at bank and in hand

9,027

14,405

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,534

1,624

Other creditors

16

16

Accruals

8,418

5,226

9,968

6,866

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

5,335,615

3,324,907

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,031,733

Ordinary shares

1

1,031,733

1,031,733

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption permitted by FRS102 Section 33 'Related party disclosures' not to disclosure transactions entered into with other wholly owned members of the group.

Included within other creditors is £16 (2024: £16) due to one of the ultimate shareholders. This amount is interest free and repayable on demand.

Included within other creditors falling due after more than one year is £5,335,615 (2024: £3,324,907) due to a related company. This amount accrued interest at 7% (2024: 8%) per annum.