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Company registration number:
01033619
SIDDONS INDUSTRIAL PROPERTIES LIMITED
Unaudited Filleted Financial Statements for the year ended
31 December 2025
Chesterton House Accounting Services LLP
7 High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ, United Kingdom
SIDDONS INDUSTRIAL PROPERTIES LIMITED
Statement of Financial Position
31 December 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 1,310,000 |  | 954,000 |
Current assets |  |  |  |  |
Debtors | 6 | 125 |  | - |
Cash at bank and in hand |  | 81,162 |  | 91,057 |
|  | 81,287 |  | 91,057 |
Creditors: amounts falling due within one year | 7 | (13,561 | ) | (18,780 | )
Net current assets |  | 67,726 |  | 72,277 |
Total assets less current liabilities |  | 1,377,726 |  | 1,026,277 |
Provisions for liabilities |  | (126,082 | ) | (38,732 | )
Net assets |  | 1,251,644 |  | 987,545 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 1,000 |  | 1,000 |
Revaluation reserve |  | 767,669 |  | 505,619 |
Profit and loss account |  | 482,975 |  | 480,926 |
Shareholders funds |  | 1,251,644 |  | 987,545 |

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.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
30 April 2026
, and are signed on behalf of the board by:

Mr S.J. Siddons
Director

Company registration number:
01033619
SIDDONS INDUSTRIAL PROPERTIES LIMITED
Notes to the Financial Statements
Year ended
31 December 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office and principal place of business is
Richard Henry Building
,
26 Kingsley Street
,
Leicester
,
Leicestershire
,
LE2 6DL
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared in respect of the Company as an individual entity and on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover represents rental income receivable in respect of the year.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued periodically to its fair value and any changes in fair value are recognised in profit or loss.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Profit and Loss Account and Reserves

In accordance with the requirements of FRS 102, surpluses and deficits on periodic revaluations of the investment property are accounted for in the profit and loss account. However, in the opinion of the directors, such unrealised accumulated profits should be transferred to a Revaluation Reserve so as to distinguish between distributable and non-distributable reserves.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

## 5 Tangible assets

| Land and buildings
--- | ---
| £
Cost or valuation |  |
At 1 January 2025 | 954,000 |
Additions | 6,600 |
Revaluations | 349,400 |
At 31 December 2025 | 1,310,000 |
Depreciation |  |
At 1 January 2025 and 31 December 2025 | - |
Carrying amount |  |
At 31 December 2025 | 1,310,000 |
At 31 December 2024 | 954,000 |

## Investment property

Included in land and buildings are the following amounts in relation to investment properties:

| 2025
--- | ---
| £
Carrying amount at 1 January 2025 | 954,000.00 |
Additions | 6,600 |
Fair value adjustments | 349,400 |
Carrying amount at 31 December 2025 | 1,310,000 |

The property was originally purchased in 1993 at a cost of £405,650 with further costs incurred in December 2024 of £4,000 and in January 2025 of £6,600.
Formal open market valuations are undertaken periodically and was undertaken on 4th August 2022 by Messrs. Spencer Druce, Naylor Parkes, Chartered Surveyors. At that time the property was valued at £950,000 and currently there is a sale agreement subject to contract for the property at a value of £1,310,000 and this has been used for the market valuation at the year end 31st December 2025.

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 125 |  | - |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Taxation and social security | 5,833 |  | 5,264 |
Other creditors | 7,728 |  | 13,516 |
| 13,561 |  | 18,780 |

## 8 Provisions for liabilities

Provisions for liabilities comprises deferred tax provision on revaluation reserve.

## 9 Share capital

The Company's issued share capital comprises 1,000 Ordinary Shares of £1 each issued at par.

## 10 Related party transactions

During the year the company entered into the following transactions with related parties:

| 2025 | 2024
--- | --- | ---
| £ | £
Rents receivable from Company under common control | 18,000 |  | 21,000 |
Rents in advance | 1,500 |  | 1,500 |
Equipment purchased | 6,600 |  | - |

Rents receivable includes rents payable by A.T. Siddons & Sons Limited, which is a company under common control. Included in creditors payable within one year at 31st December 2025 is a balance due to A.T. Siddons & Sons Limited of £1,500 for rent paid in advance (2024 : £1,500).
During the year there was a purchase of equipment for £6,600 from A. T. Siddons & Sons Limited.

## 11 Controlling party

The company is under the control of its directors.