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Company registration number:
06003145
Sanibel Property Ltd
Unaudited Filleted Financial Statements for the year ended
30 November 2025
Sanibel Property Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Sanibel Property Ltd
Year ended
30 November 2025
As described on the statement of financial position, the Board of Directors of
Sanibel Property Ltd
are responsible for the preparation of the
financial statements
for the year ended
30 November 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Ovenden Bookkeeping & Accounting Services Ltd
21 Burr Close
Ramsey
Dovercourt
Essex
CO12 5EN
United Kingdom
Date:
4 August 2026
Sanibel Property Ltd
Statement of Financial Position
30 November 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 131,000 |  | 131,000 |
Current assets |  |  |  |  |
Debtors | 6 | 249 |  | 424 |
Cash at bank and in hand |  | 781 |  | 1,453 |
|  | 1,030 |  | 1,877 |
Creditors: amounts falling due within one year | 7 | (6,630 | ) | (13,198 | )
Net current liabilities |  | (5,600 | ) | (11,321 | )
Total assets less current liabilities |  | 125,400 |  | 119,679 |
Creditors: amounts falling due after more than one year | 8 | (30,010 | ) | (25,995 | )
Net assets |  | 95,390 |  | 93,684 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 2 |  | 2 |
Revaluation reserve |  | 25,500 |  | 25,500 |
Profit and loss account |  | 69,888 |  | 68,182 |
Shareholders funds |  | 95,390 |  | 93,684 |

For the year ending
30 November 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
10 August 2026
, and are signed on behalf of the board by:

Mr Stephen Wooldridge | Mrs Susan Wooldridge
Director | Director

Company registration number:
06003145
Sanibel Property Ltd
Notes to the Financial Statements
Year ended
30 November 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 is
Sanibel
,
Wrabness Road
,
Ramsey
,
Essex
,
CO12 5NJ
, 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 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.

## 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 pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | No Depreciation Charge

## Investment properties

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

## 4 Average number of employees

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

## 5 Tangible assets

| Land and buildings
--- | ---
| £
Cost |  |
At 1 December 2024 and 30 November 2025 | 131,000 |
Depreciation |  |
At 1 December 2024 and 30 November 2025 | - |
Carrying amount |  |
At 30 November 2025 | 131,000 |
At 30 November 2024 | 131,000 |

## Investment property

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

| 2025
--- | ---
| £
Carrying value at 1 December 2024 and 30 November 2025 | 131,000 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Other debtors | 249 |  | 424 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Taxation and social security | 400 |  | 625 |
Other creditors | 6,230 |  | 12,573 |
| 6,630 |  | 13,198 |

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 30,010 |  | 25,995 |