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REGISTERED NUMBER: 10643561 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SRS PROPERTY INVESTMENTS LTD

SRS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10643561)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SRS PROPERTY INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: M Shakeel





REGISTERED OFFICE: 96 Green Lane
Thornton Heath
CR7 8BF





REGISTERED NUMBER: 10643561 (England and Wales)





ACCOUNTANTS: Aztax Advisors
Chartered Certified Accountants
859A High Road
Ilford
Essex
IG3 8TG

SRS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10643561)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,704,946 1,704,946

CURRENT ASSETS
Cash at bank - 18

CREDITORS
Amounts falling due within one year 5 368,561 372,385
NET CURRENT LIABILITIES (368,561 ) (372,367 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,336,385

1,332,579

CREDITORS
Amounts falling due after more than one
year

6

1,245,907

1,258,473
NET ASSETS 90,478 74,106

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 90,477 74,105
90,478 74,106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

SRS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10643561)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 26 November 2023 and were signed by:





M Shakeel - Director


SRS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10643561)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Srs Property Investments Ltd 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.

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 (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 1,704,946
NET BOOK VALUE
At 28 February 2023 1,704,946
At 28 February 2022 1,704,946

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 33,854 43,393
Taxation and social security 27,354 34,741
Other creditors 307,353 294,251
368,561 372,385

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 1,245,907 1,258,473

SRS PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10643561)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
28.2.23 28.2.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,245,907 1,258,473