REGISTERED NUMBER: 12930858 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2025

for

South West Five Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B S Frater

REGISTERED OFFICE:

Flat A, 23 Cadogan Gardens

London

SW3 2RW

REGISTERED NUMBER:

12930858 (England and Wales)

ACCOUNTANTS:

Sampson Fielding Ltd

5th Floor

36-38 Wigmore Street

London

W1U 2BP

FIXED ASSETS

Investments

4

1

-

Investment property

5

400,000

388,711

400,001

388,711

CURRENT ASSETS

Debtors

6

2,456

614

Cash at bank

546

2,667

3,002

3,281

CREDITORS

Amounts falling due within one year

7

393,123

349,452

NET CURRENT LIABILITIES

(390,121

)

(346,171

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,880

42,540

PROVISIONS FOR LIABILITIES

2,220

-

NET ASSETS

7,660

42,540

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

7,659

42,539

7,660

42,540

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 by the director and authorised for issue on 4th July 2026 and were signed by:

B S Frater - Director

1.	STATUTORY INFORMATION

South West Five 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.	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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents rental income receivable from the property owned by the company, excluding value added tax.

Rental income from investment properties is recognised on a straight-line basis over the period of the lease or tenancy agreement to which it relates. Income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably.

Any rent received in advance is deferred and recognised in the profit and loss account over the period to which it relates. Rent receivable but not yet received at the reporting date is included within debtors.

Investments in associates

Investments in associates are initially recognised at cost and subsequently measured at cost less impairment.

Investment property

Investment property is initially recognised at its purchase price. It is subsequently measured at fair value at each reporting date, with changes in fair value recognised in profit or loss. Fair value is derived from the current market rents and investment property yields for comparable properties.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors.

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 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

Additions

1

At 31st December 2025

1

NET BOOK VALUE

At 31st December 2025

1

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

388,711

Additions

2,409

Revaluations

8,880

At 31st December 2025

400,000

NET BOOK VALUE

At 31st December 2025

400,000

At 31st December 2024

388,711

Investment property was valued by Alpha Browett Taylor on 21 May 2026. The valuation takes current market value and future market rate rental income figures into account.

Fair value at 31st December 2025 is represented by:

£

Valuation in 2025

8,880

Cost

391,120

400,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

1,842

-

Other debtors

614

614

2,456

614

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Amounts owed to group undertakings

386,803

343,803

Taxation and social security

4,820

3,667

Other creditors

1,500

1,982

393,123

349,452

8.	RELATED PARTY DISCLOSURES

The Company holds a 33% shareholding in 80 Sinclair Road Limited and exercises significant influence over that company; accordingly, it is treated as an associate.

During the year ended 31 December 2025, the Company acquired a one-third share of the freehold interest in the property known as 80 Sinclair Road for a total consideration of £2,409, representing its proportionate share of the total acquisition cost of £7,226. This comprised a freehold purchase price of £1,500 and directly attributable legal fees of £909, being one third of the respective total costs of £4,500 and £2,726 incurred across all parties.

The freehold interest has been recognised as a fixed asset. No amounts were outstanding at 31 December 2025.