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REGISTERED NUMBER: 11303713 (England and Wales)















Financial Statements for the Period 1 May 2022 to 31 December 2022

for

Support Property Limited

Support Property Limited (Registered number: 11303713)

Contents of the Financial Statements
for the Period 1 May 2022 to 31 December 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Support Property Limited

Company Information
for the Period 1 May 2022 to 31 December 2022







DIRECTORS: R Jeetoo
K Jeetoo
S Sykes



REGISTERED OFFICE: 100 Thorkhill Road
Thames Ditton
Surrey
KT7 0UW



REGISTERED NUMBER: 11303713 (England and Wales)



ACCOUNTANTS: Fallows & Company Accountants & Business Advisors
St James House
9-15 St James Road
Surbiton
Surrey
KT6 4QH



BANKERS: Tide Platform Ltd
5th Floor
1 Appold Street
London
EC2A 2UT

Support Property Limited (Registered number: 11303713)

Balance Sheet
31 December 2022

2022 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,726,380 1,630,492

CURRENT ASSETS
Debtors 5 2,349 1,150
Cash at bank 48,023 34,197
50,372 35,347
CREDITORS
Amounts falling due within one year 6 1,683,958 1,590,825
NET CURRENT LIABILITIES (1,633,586 ) (1,555,478 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,794

75,014

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 92,694 74,914
92,794 75,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 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.

Support Property Limited (Registered number: 11303713)

Balance Sheet - continued
31 December 2022


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 16 November 2023 and were signed on its behalf by:




K Jeetoo - Director



R Jeetoo - Director


Support Property Limited (Registered number: 11303713)

Notes to the Financial Statements
for the Period 1 May 2022 to 31 December 2022


1. STATUTORY INFORMATION

Support Property 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 period was NIL (2022 - NIL).

Support Property Limited (Registered number: 11303713)

Notes to the Financial Statements - continued
for the Period 1 May 2022 to 31 December 2022


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 May 2022 1,630,492
Additions 95,888
At 31 December 2022 1,726,380
NET BOOK VALUE
At 31 December 2022 1,726,380
At 30 April 2022 1,630,492

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2022
£    £   
Trade debtors 1,049 1,050
Amounts owed by group undertakings 1,300 100
2,349 1,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2022
£    £   
Amounts owed to group undertakings 1,659,709 1,580,487
Tax 8,612 8,612
Other creditors 12,591 -
Directors' current accounts 526 526
Accrued expenses 2,520 1,200
1,683,958 1,590,825

7. ULTIMATE CONTROLLING PARTY

Name: Redroofs Holdings Ltd

Registered Address: 100 Thorkhill Road
Thames Ditton
Surrey
KT7 0UW

Principal place of business: 100 Thorkhill Road
Thames Ditton
Surrey
KT7 0UW