| South East Properties (Redhill) Limited |
| Registered number: |
02706969 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
80,712 |
|
|
80,712 |
|
| Creditors: amounts falling due within one year |
3 |
|
(6,167) |
|
|
(6,167) |
|
| Net current liabilities |
|
|
|
(6,167) |
|
|
(6,167) |
|
| Net assets |
|
|
|
74,545 |
|
|
74,545 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
69,573 |
|
|
69,573 |
| Profit and loss account |
|
|
|
4,972 |
|
|
4,972 |
|
| Shareholders' funds |
|
|
|
74,545 |
|
|
74,545 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 480 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| I P E Culvehouse |
| Director |
| Approved by the board on 25 August 2026 |
|
| South East Properties (Redhill) Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
| 2 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 January 2025 |
80,712 |
|
|
At 31 December 2025 |
80,712 |
|
The investment comprises 0.928% (2024: 0.928%) of the ordinary share capital of Redhill Aerodrome Ventures Limited, a company incorporated in the United Kingdom and engaged in airport management. In the opinion of the Directors, the investment is not worth less than the amount stated in the balance sheet. |
|
|
| 3 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
6,167 |
|
6,167 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Controlling party |
|
|
At 31st December 2025 the controlling party was Redhill Site 2 LLP, registered address Manor Farm House, Ecclesden Lane, Angmering, West Sussex, England, BN16 4DQ. The LLPis not consolidated into any group. |
|
|
| 5 |
Share capital |
|
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
Alloted, called up and fully paid |
|
|
69,573 Called up shares of £1 each |
69,573 |
|
69,573 |
|
|
|
Full details of the rights and obligations attached to the ordinary shares are contained in the Company's articles of association. These rights include an entitlement to receive the Company's annual report and financial statements, to attend and speak at general meetings of the Company, to appoint proxies and to exercise voting rights. Holders of ordinary shares may also receive dividends and may receive a share of the Company's liquidation. There are no restrictions of the transfer of ordinary shares. |