Company registration number 15209391 (England and Wales)
SBR LSP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SBR LSP LIMITED
CONTENTS
Page
Statement of financial position
1
Statement of changes in equity
Notes to the financial statements
2 - 4
SBR LSP LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
31 December 2025
31 October 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,720,995
1,095,649
Current assets
Debtors
5
41,414
2,748
Cash at bank and in hand
81,176
658
122,590
3,406
Creditors: amounts falling due within one year
6
(1,846,657)
(1,099,999)
Net current liabilities
(1,724,067)
(1,096,593)
Net liabilities
(3,072)
(944)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(3,073)
(945)
Total equity
(3,072)
(944)

For the financial period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 July 2026 and are signed on its behalf by:
A Mason
Director
Company registration number 15209391 (England and Wales)
SBR LSP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

SBR LSP Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wework, 184, Shepherds Bush Road, London, Middlesex, W6 7NL.

1.1
Reporting period

These financial statements cover the 14 month period from 01 November 2024 to 31 December 2025. The comparative figures cover a 14 month period from incorporation on 13 October 2023 to 31 October 2024.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Assets in the course of construction are not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

SBR LSP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2024
Number
Number
Total
3
3
SBR LSP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
- 4 -
4
Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2024
1,095,649
Additions
625,346
At 31 December 2025
1,720,995
Depreciation and impairment
At 1 November 2024 and 31 December 2025
-
0
Carrying amount
At 31 December 2025
1,720,995
At 31 October 2024
1,095,649
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
41,414
2,748
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
76,658
-
0
Other creditors
1,769,999
1,099,999
1,846,657
1,099,999
2025-12-31 2024-11-01 false false false 09 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity A Mason J Nimmo R Owen 15209391 2024-11-01 2025-12-31 15209391 2025-12-31 15209391 2024-10-31 15209391 core:LandBuildings 2025-12-31 15209391 core:LandBuildings 2024-10-31 15209391 core:WithinOneYear 2025-12-31 15209391 core:WithinOneYear 2024-10-31 15209391 core:CurrentFinancialInstruments 2025-12-31 15209391 core:CurrentFinancialInstruments 2024-10-31 15209391 core:ShareCapital 2025-12-31 15209391 core:ShareCapital 2024-10-31 15209391 core:RetainedEarningsAccumulatedLosses 2025-12-31 15209391 core:RetainedEarningsAccumulatedLosses 2024-10-31 15209391 bus:Director1 2024-11-01 2025-12-31 15209391 core:ConstructionInProgressAssetsUnderConstruction 2024-11-01 2025-12-31 15209391 2023-10-13 2024-10-31 15209391 core:LandBuildings 2024-10-31 15209391 core:LandBuildings 2024-11-01 2025-12-31 15209391 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 15209391 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 15209391 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-12-31 15209391 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-12-31 15209391 bus:FRS102 2024-11-01 2025-12-31 15209391 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-12-31 15209391 bus:Director2 2024-11-01 2025-12-31 15209391 bus:Director3 2024-11-01 2025-12-31 15209391 bus:FullAccounts 2024-11-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP