REGISTERED NUMBER: 11875034 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

SFB Land Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B L A Cove

B O'Grady

M C C Samworth

J Bateson

REGISTERED OFFICE:

Chetwode House

1 Samworth Way

Melton Mowbray

Leicestershire

LE13 1GA

REGISTERED NUMBER:

11875034 (England and Wales)

ACCOUNTANTS:

Beaumont Chapman Limited

Foxhall Lodge

Foxhall Road

Nottingham

Nottinghamshire

NG7 6LH

FIXED ASSETS

Tangible assets

4

1,492,226

1,494,779

CURRENT ASSETS

Debtors

5

100

100

CREDITORS

Amounts falling due within one year

6

1,443,463

1,452,896

NET CURRENT LIABILITIES

(1,443,363

)

(1,452,796

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,863

41,983

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,763

41,883

48,863

41,983

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

B L A Cove - Director

1.	STATUTORY INFORMATION

SFB Land 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.

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.

Tangible fixed assets

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

Freehold property - 1% on cost

Freehold land is not depreciated.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2025

and 31 December 2025

1,507,678

DEPRECIATION

At 1 January 2025

12,899

Charge for year

2,553

At 31 December 2025

15,452

NET BOOK VALUE

At 31 December 2025

1,492,226

At 31 December 2024

1,494,779

Included in cost of land and buildings is freehold land of £ 1,252,209 (2024 - £ 1,252,209 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

100

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

1,436,951

1,445,647

Taxation and social security

1,322

2,059

Other creditors

5,190

5,190

1,443,463

1,452,896

7.	RELATED PARTY DISCLOSURES

During the year rent of £15,000 (2024 £15,000) was charged to an entity under common control. At the year end, £3,750 (2024: £3,750) had been paid in advance.

At the year end £1,436,951 (2024 £1,445,647) was owed to an entity by which the company is controlled.

8.	ULTIMATE AND IMMEDIATE CONTROLLING PARTY

On 1 October 2024, there was a change in ownership and the Directors now regard Chetwode Trustees 1 Limited and Chetwode Trustees 2 Limited, the corporate Trustees of a number of Private Trusts, to be the ultimate controlling parties by virtue of their interest in the share capital of the ultimate parent company, Obsidione Holdings Unlimited, a company incorporated in Jersey. Previously the Directors regarded the Trustees of a number of Private Trusts to be the ultimate controlling parties of the company by virtue of their interest in the share capital of the ultimate parent company, Obsidione Holdings Unlimited, a company incorporated in Jersey.

The immediate parent company is SFH Investments Unlimited, a company incorporated in Jersey.

No other group financial statements include the results of the company.