Company Registration No. 12386721 (England and Wales)
SHABETH PROPERTY LTD
Unaudited accounts
for the year ended 31 January 2024
SHABETH PROPERTY LTD
Unaudited accounts
Contents
SHABETH PROPERTY LTD
Company Information
for the year ended 31 January 2024
Directors
SHADRACK ESSEL
BETTY OWUSU ESSEL
Company Number
12386721 (England and Wales)
Registered Office
16 LADY WARWICK AVENUE
BEDWORTH
CV12 9HR
ENGLAND
Accountants
TL LEADS ACCOUNTANCY LTD
124 CITY ROAD
LONDON
EC1V 2NX
SHABETH PROPERTY LTD
Accountants' report
Accountants' report to the board of directors of SHABETH PROPERTY LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SHABETH PROPERTY LTD for the year ended
31 January 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SHABETH PROPERTY LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SHABETH PROPERTY LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SHABETH PROPERTY LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SHABETH PROPERTY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SHABETH PROPERTY LTD. You consider that SHABETH PROPERTY LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SHABETH PROPERTY LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TL LEADS ACCOUNTANCY LTD
124 CITY ROAD
LONDON
EC1V 2NX
22 March 2024
SHABETH PROPERTY LTD
Statement of financial position
as at 31 January 2024
Investment property
446,892
138,405
Cash at bank and in hand
2,755
1,390
Creditors: amounts falling due within one year
(750)
(500)
Net current assets
2,005
890
Total assets less current liabilities
448,897
139,295
Creditors: amounts falling due after more than one year
(469,901)
(140,415)
Net liabilities
(21,004)
(1,120)
Called up share capital
1
1
Profit and loss account
(21,005)
(1,121)
Shareholders' funds
(21,004)
(1,120)
For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by
SHADRACK ESSEL
Director
Company Registration No. 12386721
SHABETH PROPERTY LTD
Notes to the Accounts
for the year ended 31 January 2024
SHABETH PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12386721. The registered office is 16 LADY WARWICK AVENUE, BEDWORTH, CV12 9HR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 February 2023
138,405
At 31 January 2024
446,892
5
Creditors: amounts falling due within one year
2024
2023
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
312,244
102,363
Loans from directors
155,892
38,052
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).