REGISTERED NUMBER: 16032045 (England and Wales)

Unaudited Financial Statements

for the Period 21 October 2024 to 31 October 2025

for

Summit Residential Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T C Pearman

Mr H C W Pearman

SECRETARY:

REGISTERED OFFICE:

Latchford Lodge Latchford

Standon

Ware

SG11 1QX

REGISTERED NUMBER:

16032045 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

1,640

CURRENT ASSETS

Stocks

438,346

Debtors

4,852

Cash at bank and in hand

9,973

453,171

CREDITORS

Amounts falling due within one year

11,453

NET CURRENT ASSETS

441,718

TOTAL ASSETS LESS CURRENT LIABILITIES

443,358

CREDITORS

Amounts falling due after more than one year

463,711

NET LIABILITIES

(20,353

)

CAPITAL AND RESERVES

Called up share capital

5

2

Retained earnings

(20,355

)

SHAREHOLDERS' FUNDS

(20,353

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

Mr H C W Pearman - Director

Mr T C Pearman - Director

1.	STATUTORY INFORMATION

Summit Residential Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis. The Directors consider the basis to be appropriate despite the fact that the balance sheet shows net current liabilities at 31st October 2025. The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet it current liabilities.

Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities which might arise.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter.

Computer equipement 20% straight line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

2,050

At 31 October 2025

2,050

DEPRECIATION

Charge for period

410

At 31 October 2025

410

NET BOOK VALUE

At 31 October 2025

1,640

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2

2 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.