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Company Registration No. 09739894 (England and Wales)
S & M Properties (taunton) Limited Unaudited accounts for the year ended 31 August 2023
S & M Properties (taunton) Limited Unaudited accounts Contents
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S & M Properties (taunton) Limited Company Information for the year ended 31 August 2023
Director
Karim Miah
Company Number
09739894 (England and Wales)
Registered Office
S K N Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN England
Accountants
SKN Services Limited SKN Business Centre 1 Guildford St Birmingham B19 2HN
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S & M Properties (taunton) Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,861,269 
3,861,269 
Current assets
Debtors
52,481 
5,825 
Cash at bank and in hand
15,382 
273,618 
67,863 
279,443 
Creditors: amounts falling due within one year
(213,230)
(897,615)
Net current liabilities
(145,367)
(618,172)
Total assets less current liabilities
3,715,902 
3,243,097 
Creditors: amounts falling due after more than one year
(3,338,840)
(2,986,284)
Net assets
377,062 
256,813 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
376,962 
256,713 
Shareholders' funds
377,062 
256,813 
For the year ending 31 August 2023 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 director acknowledges his 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 and authorised for issue on 8 March 2024 and were signed on its behalf by
Karim Miah Director Company Registration No. 09739894
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S & M Properties (taunton) Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
S & M Properties (taunton) Limited is a private company, limited by shares, registered in England and Wales, registration number 09739894. The registered office is S K N Business Centre, 1 Guildford Street , Birmingham, West Midlands, B19 2HN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2022
3,861,269 
At 31 August 2023
3,861,269 
Depreciation
At 31 August 2023
- 
Net book value
At 31 August 2023
3,861,269 
At 31 August 2022
3,861,269 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,481 
5,825 
Other debtors
44,000 
- 
52,481 
5,825 
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S & M Properties (taunton) Limited Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
46,755 
Taxes and social security
67,455 
34,491 
Other creditors
60,068 
773,775 
Deferred income
85,707 
42,594 
213,230 
897,615 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,338,840 
2,986,284 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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