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REGISTERED NUMBER: 01760447 (England and Wales)









Financial Statements

for the Year Ended 31 March 2025

for

Sussexgate Limited
Sussexgate Limited (Registered number: 01760447)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sussexgate Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R S Dann
Mrs S H Dann
D A Nelson
Mrs L R Ornstin
P D Menton





SECRETARY: Mrs S H Dann





REGISTERED OFFICE: c/o Parker Cavendish, Suite 301
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW





REGISTERED NUMBER: 01760447 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301, Stanmore Business
and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW
1
Sussexgate Limited (Registered number: 01760447)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 326,035 318,480
Investment property 6 500,000 500,000
826,035 818,480

CURRENT ASSETS
Debtors 7 2,580 222
Cash at bank 248,178 250,110
250,758 250,332
CREDITORS
Amounts falling due within one year 8 36,237 39,072
NET CURRENT ASSETS 214,521 211,260
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,040,556
1,029,740

PROVISIONS FOR LIABILITIES 79,565 79,565
NET ASSETS 960,991 950,175

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 960,491 949,675
SHAREHOLDERS' FUNDS 960,991 950,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:





R S Dann - Director


The notes form part of these financial statements

2
Sussexgate Limited (Registered number: 01760447)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Sussexgate 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.

These financial statements for the year ended 31 March 2017 are the first financial statements of the company that comply with FRS 102. The date of transition is 1 April 2016. No difference to the reported financial position and income statement for the previous period were noted as a result of the transition to FRS102.

The principal accounting policies adopted in preparation of the financial statements are set out below and have remained unchanged from the previous year and also have been consistently applied within the same accounts

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3 continued...
Sussexgate Limited (Registered number: 01760447)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 8,113
DEPRECIATION
At 1 April 2024
and 31 March 2025 8,113
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 318,480
Additions 67,955
Disposals (68,854 )
Revaluations 8,454
At 31 March 2025 326,035
NET BOOK VALUE
At 31 March 2025 326,035
At 31 March 2024 318,480

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2025 326,035

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 500,000
NET BOOK VALUE
At 31 March 2025 500,000
At 31 March 2024 500,000


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 2,580 222

4 continued...
Sussexgate Limited (Registered number: 01760447)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 8,247 7,779
Other creditors 2,120 2,120
Directors' current accounts 19,858 24,893
Accruals & deferred income 6,012 4,280
36,237 39,072

9. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by Mr R S Dann and Mrs S H Dann.

10. RETAINED EARNINGS

The retained earnings of £960,491 (2024: £949,675) comprise of distributable reserves of £605,704 (2024: £603,342) and non-distributable reserves of £354,787 (2024: £346,333) which relate to property and investments revaluations less related deferred tax provision.

5