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REGISTERED NUMBER: 10472937 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

SLD PROPERTY LIMITED

SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLD PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: S Durham





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 10472937 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 262,500 250,000

CURRENT ASSETS
Cash at bank 1,913 545

CREDITORS
Amounts falling due within one year 5 18,821 24,448
NET CURRENT LIABILITIES (16,908 ) (23,903 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,592

226,097

CREDITORS
Amounts falling due after more than one
year

6

(98,424

)

(106,888

)

PROVISIONS FOR LIABILITIES 8 (19,763 ) (17,388 )
NET ASSETS 127,405 101,821

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 9 84,256 74,131
Retained earnings 43,148 27,689
SHAREHOLDERS' FUNDS 127,405 101,821

SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)

BALANCE SHEET - continued
30 NOVEMBER 2023


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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2024 and were signed by:





S Durham - Director


SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Sld Property Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 250,000
Revaluations 12,500
At 30 November 2023 262,500
NET BOOK VALUE
At 30 November 2023 262,500
At 30 November 2022 250,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2019 21,520
Valuation in 2020 10,000
Valuation in 2021 35,000
Valuation in 2022 25,000
Valuation in 2023 12,500
Cost 158,480
262,500

If investment had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 158,480 158,480

Investment property was valued on an open market basis on 30 November 2023 by the director .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,291 5,009
Tax 12,107 9,311
Directors' current accounts 639 8,789
Accrued expenses 784 1,339
18,821 24,448

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,591 5,291
Bank loans - 2-5 years 18,767 17,747
Bank loans more 5 yr by instal 74,066 83,850
98,424 106,888

SLD PROPERTY LIMITED (REGISTERED NUMBER: 10472937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 74,066 83,850

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 103,715 111,897

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 19,763 17,388

Deferred
tax
£   
Balance at 1 December 2022 17,388
Provided during year 2,375
Balance at 30 November 2023 19,763

9. RESERVES
Fair
value
reserve
£   
At 1 December 2022 74,131
Transfer between reserves 10,125

At 30 November 2023 84,256