ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 11557526

SRE STAINES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2025

SRE STAINES LIMITED

REGISTERED NUMBER: 11557526

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2024
Note	£	£	£	£


Current assets
Stocks	4	2,632,110		2,632,110
Debtors: amounts falling due within one year	5	44		473
Cash at bank and in hand	6	2,614		1,287
		2,634,768		2,633,870
Creditors: amounts falling due within one year	7	(1,919,404)		(1,948,064)
Net current assets			715,364		685,806
Total assets less current liabilities			715,364		685,806
Creditors: amounts falling due after more than one year	8		(3,333)		(13,333)

Net assets			712,031		672,473

Capital and reserves
Called up share capital	10	100	100
Profit and loss account		711,931	672,373
		712,031	672,473

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SRE STAINES LIMITED

REGISTERED NUMBER: 11557526

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 July 2026.

V Kakkar

Director

The notes on pages 3 to 7 form part of these financial statements.

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SRE STAINES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

SRE Staines Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 11th Floor, The Mille, 1000 Great West Road, Brentford, TW8 9DW.
The company specialises in property development.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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SRE STAINES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.3

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of comprehensive income.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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SRE STAINES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

4.	Stocks
		2025	2024
		£	£

Property stock	2,632,110	2,632,110
	2,632,110	2,632,110

Debtors

					2025	2024
					£	£


Other debtors	44	473
	44	473

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	2,614	1,287
Less: bank overdrafts	-	(36)
	2,614	1,251

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	36
Bank loans	10,000	10,000
Trade creditors	3,111	2,278
Amounts owed to group undertakings	1,904,493	1,933,950
Accruals and deferred income	1,800	1,800
	1,919,404	1,948,064

Bank loans are secured by a legal charge and debenture over the assets of the company.

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SRE STAINES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	3,333	13,333
	3,333	13,333

Bank loans are secured by a legal charge and debenture over the assets of the company.

Amounts falling due within one year
Bank loans	10,000	10,000
Amounts falling due 1-2 years
Bank loans	3,333	10,000
Amounts falling due 2-5 years
Bank loans	-	3,333

	13,333	23,333

10.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

11.	Related party transactions
	The company has adopted the exemption permitted by Financial Reporting Standard 102, not to disclose any transactions with any wholly owned members of the group.

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SRE STAINES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

12.	Ultimate parent undertaking and controlling party

The immediate and ultimate parent undertaking is Sunny Asset Management Limited, a company incorporated in England and Wales.
The ultimate controlling party is V Kakkar, a director, by virtue of his 100% shareholding in Sunny Asset Management Limited.

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