Registered number
11075953
Senior Property Management Limited
Filleted Accounts
30 November 2021
Senior Property Management Limited
Registered number: 11075953
Balance Sheet
as at 30 November 2021
Notes 2021 2020
£ £
Fixed assets
Tangible assets 3 35,961 35,961
Current assets
Cash at bank and in hand 170 190
Creditors: amounts falling due within one year 4 (38,806) (37,940)
Net current liabilities (38,636) (37,750)
Net liabilities (2,675) (1,789)
Capital and reserves
Called up share capital 1 1
Profit and loss account (2,676) (1,790)
Shareholder's funds (2,675) (1,789)
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 Gareth Senior
Director
Approved by the board on 8 August 2022
Senior Property Management Limited
Notes to the Accounts
for the year ended 30 November 2021
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 December 2020 35,961
At 30 November 2021 35,961
Depreciation
At 30 November 2021 -
Net book value
At 30 November 2021 35,961
At 30 November 2020 35,961
4 Creditors: amounts falling due within one year 2021 2020
£ £
Other creditors 38,806 37,940
5 Other information
Senior Property Management Limited is a private company limited by shares and incorporated in England & Wales. Its registered office is:
28 Oakleigh Court
Henllys
Cwmbran
Torfaen
NP44 6HE
Senior Property Management Limited 11075953 false 2020-12-01 2021-11-30 2021-11-30 VT Final Accounts April 2022 Mr Gareth Senior No description of principal activity 11075953 2019-12-01 2020-11-30 11075953 core:WithinOneYear 2020-11-30 11075953 core:ShareCapital 2020-11-30 11075953 core:RetainedEarningsAccumulatedLosses 2020-11-30 11075953 2020-12-01 2021-11-30 11075953 bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 11075953 bus:AuditExemptWithAccountantsReport 2020-12-01 2021-11-30 11075953 bus:Director40 2020-12-01 2021-11-30 11075953 1 2020-12-01 2021-11-30 11075953 2 2020-12-01 2021-11-30 11075953 countries:England 2020-12-01 2021-11-30 11075953 bus:FRS102 2020-12-01 2021-11-30 11075953 bus:FullAccounts 2020-12-01 2021-11-30 11075953 2021-11-30 11075953 core:WithinOneYear 2021-11-30 11075953 core:ShareCapital 2021-11-30 11075953 core:RetainedEarningsAccumulatedLosses 2021-11-30 11075953 core:LandBuildings 2021-11-30 11075953 2020-11-30 11075953 core:LandBuildings 2020-11-30 iso4217:GBP xbrli:pure