Company Registration No. 09205884 (England and Wales)
SME Property Ltd
Unaudited accounts
for the year ended 31 October 2023
SME Property Ltd
Unaudited accounts
Contents
SME Property Ltd
Company Information
for the year ended 31 October 2023
Company Number
09205884 (England and Wales)
Registered Office
Offices 3 & 4
The Meadows Church Road
Dodleston
Chester
CH4 9NG
United Kingdom
Accountants
Barnes Cooper Ltd
Offices 3 & 4 The Meadows
Church Road
Dodleston
Chester
CH4 9NG
SME Property Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
2,983
2,860
Cash at bank and in hand
10,827
301
Creditors: amounts falling due within one year
(3,365)
663
Net current assets
7,462
964
Total assets less current liabilities
10,445
3,824
Creditors: amounts falling due after more than one year
(8,690)
(13,200)
Net assets/(liabilities)
1,755
(9,376)
Called up share capital
100
100
Profit and loss account
1,655
(9,476)
Shareholders' funds
1,755
(9,376)
For the year ending 31 October 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 30 July 2024 and were signed on its behalf by
S Earl
Director
Company Registration No. 09205884
SME Property Ltd
Notes to the Accounts
for the year ended 31 October 2023
SME Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 09205884. The registered office is Offices 3 & 4, The Meadows Church Road, Dodleston, Chester, CH4 9NG, United Kingdom.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
2,505
8,200
10,705
At 31 October 2023
3,621
8,200
11,821
At 1 November 2022
1,592
6,253
7,845
Charge for the year
507
486
993
At 31 October 2023
2,099
6,739
8,838
At 31 October 2023
1,522
1,461
2,983
At 31 October 2022
913
1,947
2,860
SME Property Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,400
4,400
Taxes and social security
1,205
-
Loans from directors
(3,200)
(5,423)
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).