SS & KK DEOL INVESTMENTS LIMITED

Company Registration Number:
06105604 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SS & KK DEOL INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SS & KK DEOL INVESTMENTS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,160 5,073
Investments: 4 1,500,000 1,187,500
Total fixed assets: 1,504,160 1,192,573
Current assets
Stocks: 0 0
Debtors:   5,350 5,350
Cash at bank and in hand: 95,327 119,603
Investments:   0 0
Total current assets: 100,677 124,953
Creditors: amounts falling due within one year: 5 (172,831) (179,478)
Net current assets (liabilities): (72,154) (54,525)
Total assets less current liabilities: 1,432,006 1,138,048
Creditors: amounts falling due after more than one year: 6 (895,690) (857,750)
Provision for liabilities: 0 0
Total net assets (liabilities): 536,316 280,298
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve:7408,064149,446
Other reserves: 0 0
Profit and loss account: 128,152 130,752
Shareholders funds: 536,316 280,298

The notes form part of these financial statements

SS & KK DEOL INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 September 2023
and signed on behalf of the board by:

Name: MR S S DEOL
Status: Director

The notes form part of these financial statements

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rental premises.

Tangible fixed assets and depreciation policy

Tangible fixed assets are carried at cost less accumulated depreciation calculated at 18%p.a, on the reducing balance/

Intangible fixed assets and amortisation policy

n/aNONE

Valuation and information policy

none

Other accounting policies

none

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 29,645
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2023 29,645
Depreciation
At 01 April 2022 24,572
Charge for year 913
On disposals 0
Other adjustments 0
At 31 March 2023 25,485
Net book value
At 31 March 2023 4,160
At 31 March 2022 5,073

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment in land and buildings are stated at market value calculated by the director on the basis of prices prevailing for the properties in the vicinity and general average yield.

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Mortgage Loans £146333Rent Deposits 5350Accruals 6000Corporation Tax Provision 13454Other Creditors 1694

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

Bounce back loan £40006 Mortgage loans 342160 Directors' current/loan account 513504

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Revaluation reserve

2023
£
Balance at 01 April 2022 149,446
Surplus or deficit after revaluation 258,618
Balance at 31 March 2023 408,064

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Related party transactions

Name of the related party: MR S S DEOL & MRS K K DEOL
Relationship:
DEIRECTORS
Description of the Transaction: Loan to the Company -non interest bearing and without any charge on Company's assets.
£
Balance at 01 April 2022 472,807
Balance at 31 March 2023 513,504