Sarprest Investments Limited Filleted accounts for Companies House (small and micro)

Sarprest Investments Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	2,892	4,316
Investments	6	1,013,148	–
		-----------	------
		1,016,040	4,316

Current assets

Debtors	7	775,317	775,317
Cash at bank and in hand		317,245	77,625
		-----------	---------
		1,092,562	852,942

Creditors: Amounts falling due within one year	8	( 2,036,240)		( 784,962)
		-----------		---------
Net current (liabilities)/assets			( 943,678)		67,980
			-----------		-------
Total assets less current liabilities			72,362		72,296
			-------		-------
Net assets			72,362		72,296
			-------		-------

Capital and reserves

Called up share capital	100	100
Investment revaluation reserve	29,638	–
Profit and loss account	42,624	72,196
	-------	-------
Shareholders funds	72,362	72,296
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 8 October 2026 , and are signed on behalf of the board by:

P J Andrews
Director

Company registration number: 05624511

Sarprest Investments Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The trading address of the company is Barton House, The Park, Great Barton, Bury St Edmunds, Suffolk, IP31 2SU.

2. Statement of compliance

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'.

3. Accounting policies

Basis of preparation

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	33% reducing balance
Fixtures and fittings	-	33% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of employees during the year was 2 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	22,508	11,654	34,162
	-------	-------	-------
Depreciation
At 1 April 2025	19,775	10,071	29,846
Charge for the year	902	522	1,424
	-------	-------	-------
At 31 March 2026	20,677	10,593	31,270
	-------	-------	-------
Carrying amount
At 31 March 2026	1,831	1,061	2,892
	-------	-------	-------
At 31 March 2025	2,733	1,583	4,316
	-------	-------	-------

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025	–
Additions	989,583
Disposals	( 6,073)
Revaluations	29,638
	-----------
At 31 March 2026	1,013,148
	-----------
Impairment
At 1 April 2025 and 31 March 2026	–
	-----------

Carrying amount
At 31 March 2026	1,013,148
	-----------
At 31 March 2025	–
	-----------

7. Debtors

	2026	2025
	£	£
Other debtors	775,317	775,317
	---------	---------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	748	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,032,492	782,602
Other creditors	3,000	2,360
	-----------	---------
	2,036,240	784,962
	-----------	---------

At the reporting date, the company had an outstanding balance of £2,032,492 due to a connected company. The balance is interest-free, unsecured, and repayable on demand.

9. Director's advances, credits and guarantees

Included within debtors at the year end is an interest free directors loan account of £544,080 (2025: £544,080). The maximum overdrawn balance during the year was £544,080.