REGISTERED NUMBER: 11736839 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Saville Residential Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A G Saville

REGISTERED OFFICE:

8 Dorchester Mansions

Cross Road

Ascot

Sunningdale

Berkshire

SL5 9SG

REGISTERED NUMBER:

11736839 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Investment property

5

2,300,000

2,300,000

CURRENT ASSETS

Debtors

6

88,000

-

Cash at bank

15,172

8,518

103,172

8,518

CREDITORS

Amounts falling due within one year

7

(208,459

)

(157,331

)

NET CURRENT LIABILITIES

(105,287

)

(148,813

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,194,713

2,151,187

CREDITORS

Amounts falling due after more than one year

8

(2,089,101

)

(2,001,101

)

PROVISIONS FOR LIABILITIES

(56,250

)

(56,250

)

NET ASSETS

49,362

93,836

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

168,750

168,750

Retained earnings

10

(119,488

)

(75,014

)

49,362

93,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 9 October 2026 and were signed by:

A G Saville - Director

1.	STATUTORY INFORMATION

Saville Residential Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which assumes the company will be able to continue its operations for the foreseeable future. The financial statements showed a net loss for the period and a net current liability position at the year end. The company's creditors include loans from its parent company, which has confirmed and that no requests for repayment would be made which would put the company in a position not to be able to meet its other liabilities as they fall due for payment and that additional funds would be provided to meet the company's loan commitments should this be necessary. The company's director considers that this, together with the company's rental income, will provide sufficient cash flow to meet the company's loan repayment commitments. The company's director therefore considers it appropriate to prepare the financial statements on the going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover and rent receivable

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income from investment properties leased out under operating leases is recognised in the profit and loss account on an accruals basis over the term of the lease. The effect of rent reviews is only recognised when such reviews have been agreed with the tenants.

Investment property

Investment properties are initially measured at cost and subsequently measured at fair value whilst a reliable measure of fair value is available without undue cost or effort. Changes in fair value are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

The company is part of a tax group for certain aspects of tax legislation. One of these aspects relates to group relief whereby current tax liabilities can be offset by current tax losses arising in other companies within the same tax group. Where payment for group relief is made, this is at amounts equal to the tax benefit and included within the current tax disclosures.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2025

and 31 March 2026

2,300,000

Net book value

At 31 March 2026

2,300,000

At 31 March 2025

2,300,000

The investment property was valued an fair value basis at the year end date by the company's director. If there had been no fair value adjustment to the investment property, it would have been shown at its original cost price of £2,075,000.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Other debtors

88,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Amounts owed to group undertakings

174,951

146,550

Other creditors

33,508

10,781

208,459

157,331

Amounts owed to group undertakings comprises interest free loan funding provided by the company's parent company, which is repayable upon demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

2,089,101

2,001,101

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,089,101

2,001,101

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Bank loans

2,089,101

2,001,101

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2025

(75,014

)

168,750

93,736

Deficit for the year

(44,474

)

(44,474

)

At 31 March 2026

(119,488

)

168,750

49,262

Reserves of the company represent the following:

Retained earnings:

Cumulative profit and loss net of distributions to owners.

Fair value reserve:

Cumulative net revaluation gains on the company's investment property.

11.	RELATED PARTY DISCLOSURES

During the period the company received interest loans from companies under the common control of the company's director. The balance due at the year end on these loans was £174,591 (2025: £146,550).

During the period the company provided an interest free loan to a company under the common control of the company's director. The balance due at the year end was £88,000 (2025: £nil).

12.	ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Saville Homes Limited, a company incorporated in England and Wales.