Company registration number 02662034 (England and Wales)
SEVERN INDUSTRIAL ESTATES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SEVERN INDUSTRIAL ESTATES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
SEVERN INDUSTRIAL ESTATES LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
1
1
Investment properties
6
3,700,778
3,700,778
Current assets
Debtors
7
1,005,506
1,005,968
Cash at bank and in hand
39,465
11,790
1,044,971
1,017,758
Creditors: amounts falling due within one year
8
(154,596)
(104,151)
Net current assets
890,375
913,607
Total assets less current liabilities
4,591,154
4,614,386
Creditors: amounts falling due after more than one year
9
(75,447)
(78,349)
Provisions for liabilities
(128,763)
(128,763)
Net assets
4,386,944
4,407,274
Capital and reserves
Called up share capital
100
100
Fair value reserve
1,814,092
1,814,092
Profit and loss reserves
2,572,752
2,593,082
Total equity
4,386,944
4,407,274

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 14 July 2026 and are signed on its behalf by:
Mr S J Mosley
Mr N J Wyatt
Director
Director
Company Registration No. 02662034
SEVERN INDUSTRIAL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

Severn Industrial Estates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Champion Allwoods Limited, 2nd Floor Refuge House, 33-37 Watergate Row, Chester, CH1 2LE.

1.1
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.

1.2
Turnover

Turnover shown in the profit or loss account represents consideration received for property rentals and other services provided in the period, exclusive of Value Added Tax.

Property rents and service charges are recognised in the period to which the letting relates. Property sales are recognised on exchange of contracts.

1.3
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:

Plant and machinery
25% on cost

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.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and transferred to a fair value reserve in order to keep the undistributable amount of profit and loss reserves separate. Deferred tax is provided on any increases in fair value and the movement in the year is included in the fair value reserve.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

SEVERN INDUSTRIAL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

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.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Investment property valuation

Investment property is measured at fair value at the reporting date based on judgements made by the directors regarding market conditions and expected rental yields for similar properties.

3
Employees

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

2025
2024
Number
Number
Total
0
0
4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
92,256
37,973
SEVERN INDUSTRIAL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 4 -
5
Tangible fixed assets
Plant and machinery
£
Cost
At 1 December 2024 and 30 November 2025
2,282
Depreciation and impairment
At 1 December 2024 and 30 November 2025
2,281
Carrying amount
At 30 November 2025
1
At 30 November 2024
1
6
Investment property
2025
£
Fair value
At 1 December 2024 and 30 November 2025
3,700,778

The market value of the investment property as at 30 November 2025 has been arrived at on the basis of the directors' valuation derived from investment yields in the area of similar multi-let estates on short term agreements together with the condition of the subject properties and by reference to market evidence of transactions and values of similar properties.

Historical cost:

At 1 December 2024 £1,768,232

Additions for year ended 30 November 2025 £Nil

At 30 November 2025 £1,768,232

7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
22,925
24,938
Other debtors
972
972
Prepayments and accrued income
23,222
21,671
47,119
47,581
SEVERN INDUSTRIAL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
7
Debtors
(Continued)
- 5 -
2025
2024
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
958,387
958,387
Total debtors
1,005,506
1,005,968
8
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
92,256
37,973
Other taxation and social security
18,660
18,592
Other creditors
28,893
30,966
Accruals and deferred income
14,787
16,620
154,596
104,151
9
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Deferred income
75,447
78,349
10
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 November 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Susan Harris MA ACA
Statutory Auditor:
Champion Accountants LLP
Date of audit report:
14 July 2026
SEVERN INDUSTRIAL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
11
Related party transactions

Streamfolder Limited

Debtors at the year end include an interest free loan of £958,387 due from Streamfolder Limited (2024 - £958,387 ), the company's immediate parent.

Canda Property & Investments Limited

Other debtors at the year end include an amount of £972 (2024 - £972) due from Canda Property & Investments Limited, the parent company of Streamfolder Limited.

12
Parent company

The ultimate parent company is Canda Commercial Holdings Limited (formerly Canda Copying Holdings Limited). At 30 November 2025, Canda Commercial Holdings Limited owned 100% of the issued share capital of Canda Property & Investments Limited (formerly Canda Copying (Investments) Limited) which owned 51.6% of the issued share capital of Streamfolder Limited (2024 - 51.6%). Streamfolder Limited owned 100% of the issued share capital in Severn Industrial Estates Limited.

2025-11-30 2024-12-01 false false false 14 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr S J Mosley Mr N J Wyatt Mr G R J Woodcock Mr N J Wyatt 02662034 2024-12-01 2025-11-30 02662034 2025-11-30 02662034 2024-11-30 02662034 core:PlantMachinery 2025-11-30 02662034 core:PlantMachinery 2024-11-30 02662034 core:CurrentFinancialInstruments 2025-11-30 02662034 core:CurrentFinancialInstruments 2024-11-30 02662034 core:Non-currentFinancialInstruments 2025-11-30 02662034 core:Non-currentFinancialInstruments 2024-11-30 02662034 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 02662034 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 02662034 core:ShareCapital 2025-11-30 02662034 core:ShareCapital 2024-11-30 02662034 core:RevaluationReserve 2025-11-30 02662034 core:RevaluationReserve 2024-11-30 02662034 core:RetainedEarningsAccumulatedLosses 2025-11-30 02662034 core:RetainedEarningsAccumulatedLosses 2024-11-30 02662034 bus:Director1 2024-12-01 2025-11-30 02662034 bus:Director2 2024-12-01 2025-11-30 02662034 core:PlantMachinery 2024-12-01 2025-11-30 02662034 2023-12-01 2024-11-30 02662034 core:UKTax 2024-12-01 2025-11-30 02662034 core:UKTax 2023-12-01 2024-11-30 02662034 core:PlantMachinery 2024-11-30 02662034 2024-11-30 02662034 core:AfterOneYear 2025-11-30 02662034 core:AfterOneYear 2024-11-30 02662034 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 02662034 bus:FRS102 2024-12-01 2025-11-30 02662034 bus:Audited 2024-12-01 2025-11-30 02662034 bus:Director3 2024-12-01 2025-11-30 02662034 bus:CompanySecretary1 2024-12-01 2025-11-30 02662034 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 02662034 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP