REGISTERED NUMBER: 15433122 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SOMERVILLE 11 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Lipschutz

REGISTERED OFFICE:

83 Castlewood Road

London

N16 6DJ

REGISTERED NUMBER:

15433122 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

135,000

123,981

CURRENT ASSETS

Debtors

5

449

449

Cash at bank

4,339

298

4,788

747

CREDITORS

Amounts falling due within one year

6

(30,557

)

(127,557

)

NET CURRENT LIABILITIES

(25,769

)

(126,810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

109,231

(2,829

)

CREDITORS

Amounts falling due after more than one year

7

(103,275

)

-

PROVISIONS FOR LIABILITIES

(2,094

)

-

NET ASSETS/(LIABILITIES)

3,862

(2,829

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

8,926

-

Retained earnings

9

(5,164

)

(2,929

)

SHAREHOLDERS' FUNDS

3,862

(2,829

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 October 2026 and were signed by:

M Lipschutz - Director

1.	STATUTORY INFORMATION

Somerville 11 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

123,981

Revaluations

11,019

At 31 January 2026

135,000

NET BOOK VALUE

At 31 January 2026

135,000

At 31 January 2025

123,981

Fair value at 31 January 2026 is represented by:

£

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

123,981

Revaluations

11,019

135,000

CLIENT SCREEN TOTAL

=

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

449

449

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other creditors

29,957

126,957

Accrued expenses

600

600

30,557

127,557

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans more 5 yrs non-inst

103,275

-

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

103,275

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 February 2025

(2,929

)

-

(2,929

)

Profit for the year

6,691

6,691

Fair value reserve

(8,926

)

8,926

-

At 31 January 2026

(5,164

)

8,926

3,762