ACCOUNTS - Final Accounts

Registered number: 10930388

SFK FREEHOLDS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

SFK FREEHOLDS LIMITED

REGISTERED NUMBER: 10930388

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		297,450		297,750
Current assets
Debtors: amounts falling due within one year	5	2,417		928
Cash at bank and in hand		25,426		26,128
		27,843		27,056
Creditors: amounts falling due within one year	6	(419,261)		(409,598)
Net current liabilities			(391,418)		(382,542)
Total assets less current liabilities			(93,968)		(84,792)

Net liabilities			(93,968)		(84,792)

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(93,969)	(84,793)
		(93,968)	(84,792)

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 September 2026.

Kai Shui Lo

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

SFK FREEHOLDS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

SFK Freeholds Limited ("the Company") is a private company limited by shares and incorporated in England and Wales.

The Registered Office of the Company is Leytonstone House, 3 Hanbury Drive, Leytonstone, London E11 1GA.

The Company's principal activity is to hold reversionary interest in freehold property.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements of the Company have been prepared on a going concern basis. The Company recorded a loss for the financial year of £9,176 (2024: £10,747) and had net liabilities of £93,968 (2024: £84,792) at the balance sheet date.

In the event that the Company requires support, SFK Investments Limited, the Company's immediate parent company, has confirmed that it has undertaken to continue to provide such financial support as the Company requires for its continued operations and will not recall the amounts owed to them at the year end, for a period of not less than twelve months from the date of approval of these financial statements.

As a result of the above, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 2

SFK FREEHOLDS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold interest

Over the term of the lease

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 3

SFK FREEHOLDS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Tangible fixed assets

		Freehold interest
		£
	Cost or valuation
	At 1 January 2025	300,000
	At 31 December 2025	300,000
	Depreciation
	At 1 January 2025	2,250
	Charge for the year on owned assets	300
	At 31 December 2025	2,550
	Net book value
	At 31 December 2025	297,450
	At 31 December 2024	297,750

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

	Freehold interest	297,450	297,750

Debtors

					2025	2024
					£	£


Other debtors	2,417	928

Page 4

SFK FREEHOLDS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	2,051	1,511
Amounts owed to group undertakings	410,960	400,687
Accruals and deferred income	6,250	7,400
	419,261	409,598

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

8.	Related party transactions
	The Company owed its immediate parent undertaking, SFK Investments Limited, £324,024 (2024: £323,692) at the year end. The Company owed £86,936 (2024: £76,995) at the year end to SFK Jermyn Street Limited, a related undertaking.

9.	Controlling party

The immediate parent company is SFK Investments Limited, a company incorporated in the British Virgin Islands.

10.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 21 September 2026 by Selven Iyaroo (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.

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