Sand & Stars Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07776399 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

SAND & STARS DEVELOPMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A Grunhut

REGISTERED OFFICE:

9 Manor Parade

London

N16 5SG

REGISTERED NUMBER:

07776399 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

1,180

1,389

Investment property

6

2,380,000

2,381,180

2,381,389

CURRENT ASSETS

Debtors

7

248,063

240,524

Cash at bank

18,213

54,706

266,276

295,230

CREDITORS

Amounts falling due within one year

8

(691,064

)

(725,177

)

NET CURRENT LIABILITIES

(424,788

)

(429,947

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,956,392

1,951,442

CREDITORS

Amounts falling due after more than one
year

9

(1,020,500

)

(1,024,074

)

PROVISIONS FOR LIABILITIES

(195,670

)

(195,670

)

NET ASSETS

740,222

731,698

CAPITAL AND RESERVES

Called up share capital

12

1

Fair value reserve

13

703,581

Retained earnings

13

36,640

28,116

SHAREHOLDERS' FUNDS

740,222

731,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved and authorized for issue by the director and authorised for issue on 17 June 2026 and were signed by:

A Grunhut - Director

1.	STATUTORY INFORMATION

Sand & Stars Developments 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2024

and 30 September 2025

4,449

DEPRECIATION

At 1 October 2024

3,060

Charge for year

209

At 30 September 2025

3,269

NET BOOK VALUE

At 30 September 2025

1,180

At 30 September 2024

1,389

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

2,380,000

NET BOOK VALUE

At 30 September 2025

2,380,000

At 30 September 2024

2,380,000

The investment properties were valued by an independent and qualified valuer. The fair value was determined using open market valuation method.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2015

141,216

Valuation in 2017

378,035

Valuation in 2023

380,000

Cost

1,480,749

2,380,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Other debtors

248,063

240,524

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

-

357

Taxation and social security

5,746

2,916

Other creditors

685,318

721,904

691,064

725,177

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.25

30.9.24

£

Bank loans (see note 10)

1,020,500

Other creditors

-

3,574

1,020,500

1,024,074

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,020,500

10.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

Amounts falling due between two and five years:

Other loans - 2-5 years

-

3,574

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,020,500

11.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

Bank loans

1,020,500

Bank loans are secured by fixed and floating charge over the investment properties of the company.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

1

Ordinary

£1

1

13.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 October 2024

28,116

703,581

731,697

Profit for the year

8,524

At 30 September 2025

36,640

703,581

740,221

14.	ULTIMATE CONTROLLING PARTY

The controlling party is A Grunhut.