Company Registration No. 08160398 (England and Wales)
SBSM Ltd
Unaudited accounts
for the year ended 27 July 2025
SBSM Ltd
Unaudited accounts
Contents
SBSM Ltd
Company Information
for the year ended 27 July 2025
Directors
S Brennock
Sean Brennock
Company Number
08160398 (England and Wales)
Registered Office
Honeystone Cottage
Oxford Road
Enstone
Chipping Norton
Oxfordshire
OX7 4LP
England
SBSM Ltd
Statement of financial position
as at 27 July 2025
Investment property
2,700,000
Creditors: amounts falling due within one year
(106,120)
Net current liabilities
(105,005)
Total assets less current liabilities
2,594,995
Creditors: amounts falling due after more than one year
(2,195,910)
Provisions for liabilities
Fair value reserve
394,685
Profit and loss account
(126,851)
Shareholders' funds
267,835
For the year ending 27 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by
S Brennock
Director
Company Registration No. 08160398
SBSM Ltd
Notes to the Accounts
for the year ended 27 July 2025
SBSM Ltd is a private company, limited by shares, registered in England and Wales, registration number 08160398. The registered office is Honeystone Cottage, Oxford Road, Enstone, Chipping Norton, Oxfordshire, OX7 4LP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years straight line
SBSM Ltd
Notes to the Accounts
for the year ended 27 July 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 28 July 2024
2,174,065
Net gain from fair value adjustments
525,935
Belmont Green Finance Limited hold a charge over the assets of the company.
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
Loans from directors
105,730
8
Creditors: amounts falling due after more than one year
2025
SBSM Ltd
Notes to the Accounts
for the year ended 27 July 2025
Revaluation of investment property
131,250
Charged to the profit and loss account
131,250
Provision at end of year
131,250
10
Average number of employees
During the year the average number of employees was 1.