SANNO PROPERTIES LTD - Filleted accounts

Registered number

07924140

SANNO PROPERTIES LTD

Unaudited Filleted Accounts

31 January 2026

SANNO PROPERTIES LTD
Registered number:		07924140
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		380,017			375,023

Current assets
Debtors	4	1,508			162
Cash at bank and in hand		171,959			1,244
		173,467			1,406

Creditors: amounts falling due within one year	5	(77,311)			(77,377)

Net current assets/(liabilities)			96,156			(75,971)

Total assets less current liabilities			476,173			299,052

Creditors: amounts falling due after more than one year	6		(283,349)			(103,092)

Provisions for liabilities			(37,197)			(34,529)


Net assets			155,627			161,431

Capital and reserves
Called up share capital			100			100
Fair value reserve	8		117,340			115,008
Profit and loss account			38,187			46,323

Shareholder's funds			155,627			161,431

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr S Sanno
Director
Approved by the board on 25 October 2026

SANNO PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2026


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).

	Turnover
	Turnover represents rent receivable.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance

	Investment properties
	Investment properties are properties held for rental and/or capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an ongoing basis are measured at fair value. Gains and losses arising from changes in the fair value are included in profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 February 2025	375,000		1,593		376,593
	Surplus on revaluation	5,000		-		5,000
	At 31 January 2026	380,000		1,593		381,593

	Depreciation
	At 1 February 2025	-		1,570		1,570
	Charge for the year	-		6		6
	At 31 January 2026	-		1,576		1,576

	Net book value
	At 31 January 2026	380,000		17		380,017
	At 31 January 2025	375,000		23		375,023


	Freehold land and buildings:			2026		2025
£					£
	Historical cost			225,463		225,463
	Cumulative depreciation based on historical cost			-		-
				225,463		225,463

	The investment property was revalued in November 2025 and the director is of the opinion that it has not changed at 31st January 2026.
4	Debtors			2026		2025
£					£

	Other debtors			1,508		162


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			5,133		3,936
	Trade creditors			923		1,371
	Taxation and social security costs			-		560
	Other creditors			71,255		71,510
				77,311		77,377


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			283,349		103,092


7	Loans			2026		2025
£					£
	Creditors include:
	Instalments falling due for payment after more than five years			252,547		83,578


	Secured bank loans			288,483		107,036

	The bank loan is secured on the freehold property.


8	Fair value reserve			2026		2025
£					£

	At 1 February 2025			115,008		115,008
	Gain on revaluation of land and buildings			5,000		-
	Deferred taxation arising on the revaluation of land and buildings			(2,668)		-

	At 31 January 2026			117,340		115,008


9	Other information

	SANNO PROPERTIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	22 Firethorn
	Shinfield
	Reading
	Berkshire
	RG2 9GD