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REGISTERED NUMBER: 11071337 (England and Wales)


Financial Statements for the Year Ended 30 November 2023

for

Singhz Properties Management Ltd

Singhz Properties Management Ltd (Registered number: 11071337)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Singhz Properties Management Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr. Pritpal Singh





REGISTERED OFFICE: 460 Corporation Road
Newport
Wales
NP19 0GN





REGISTERED NUMBER: 11071337 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Singhz Properties Management Ltd (Registered number: 11071337)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 635,135 635,135

CURRENT ASSETS
Cash at bank and in hand 7,391 26,363

CREDITORS
Amounts falling due within one year 5 35,589 27,964
NET CURRENT LIABILITIES (28,198 ) (1,601 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

606,937

633,534

CREDITORS
Amounts falling due after more than one
year

6

607,610

635,135
NET LIABILITIES (673 ) (1,601 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (773 ) (1,701 )
SHAREHOLDERS' FUNDS (673 ) (1,601 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Singhz Properties Management Ltd (Registered number: 11071337)

Statement of Financial Position - continued
30 November 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 12 March 2024 and were signed by:





Mr Pritipal Singh - Director


Singhz Properties Management Ltd (Registered number: 11071337)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Singhz Properties Management 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
Revenue 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 December 2022
and 30 November 2023 635,135
NET BOOK VALUE
At 30 November 2023 635,135
At 30 November 2022 635,135

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 4,367 4,367
Other creditors 31,222 23,597
35,589 27,964

Singhz Properties Management Ltd (Registered number: 11071337)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 426,431 453,956
Other creditors 181,179 181,179
607,610 635,135

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary 1 100 100