Saxon Square Homes Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13888241

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		393,935		178,181

			393,935		178,181
CURRENT ASSETS
Debtors	5	29,595		49,264
Cash at bank and in hand		713		3,927

		30,308		53,191
Creditors: Amounts Falling Due Within One Year	6	(166,418 )		(113,593 )

NET CURRENT ASSETS (LIABILITIES)			(136,110 )		(60,402 )

TOTAL ASSETS LESS CURRENT LIABILITIES			257,825		117,779

Creditors: Amounts Falling Due After More Than One Year	7		(278,966 )		(124,020 )

NET LIABILITIES			(21,141 )		(6,241 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(21,241 )		(6,341 )

SHAREHOLDERS' FUNDS			(21,141)		(6,241)

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Saxon Square Homes Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr. S A Sassi

Director

2 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Saxon Square Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13888241 . The registered office is 14 Brenley Close, Mitcham, CR4 1HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 29 February 2024	178,181
Additions	215,754

As at 28 February 2025	393,935

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Saxon Square Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	4,612	-
Other debtors	19,995	47,677
Deferred tax current asset	4,888	1,487
Called up share capital not paid	100	100

	29,595	49,264

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	400	-
Accruals and deferred income	1,133	2,070
Director's loan account	164,885	111,523

	166,418	113,593

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	278,966	124,020

8. Secured Creditors

Of the creditors above, the following amounts are secured against the properties to which they relate.

	2025		2024
	£		£
Bank loans and overdrafts	123,997		124,020

9. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

10. Related Party Transactions

The following related party transactions were undertaken during the year:

No dividends were paid to the directors in respect of their shareholdings during the current or prior year.

During the year the director introduced £54,866 and withdrew £1,450 (2024: introduced £236,261 and withdrew £124,738). At the balance sheet date the amount owed to the director was £164,939 (2024: £111,523).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial

Reporting Standard applicable in the UK and Republic of Ireland'.

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