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REGISTERED NUMBER: 13043872 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

SIXTEEN REAL ESTATE (PROFESSIONAL) LTD

SIXTEEN REAL ESTATE (PROFESSIONAL) LTD (BY SHARES) (REGISTERED NUMBER: 13043872)






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




Page

Company Information 1

Balance Sheet 2


SIXTEEN REAL ESTATE (PROFESSIONAL) LTD (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: John Michael Scully
Graham Harold Aitkenhead





REGISTERED OFFICE: Walter Dawson & Son
1st Floor, Unit A4 Old Power Way
Lowfields Business Park
Elland
West Yorkshire
HX5 9DE





REGISTERED NUMBER: 13043872 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor Offices, Unit A4
Old Power Way
Lowfields Business Park
Elland
HX5 9DE

SIXTEEN REAL ESTATE (PROFESSIONAL) LTD (BY SHARES) (REGISTERED NUMBER: 13043872)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
£    £    £    £   
FIXED ASSETS 2,083 4,941

CURRENT ASSETS 334,339 234,645

PREPAYMENTS AND ACCRUED INCOME 16,859 15,230

CREDITORS
Amounts falling due within one year (111,649 ) (101,368 )
NET CURRENT ASSETS 239,549 148,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,632

153,448

ACCRUALS AND DEFERRED INCOME 1,100 1,330
NET ASSETS 240,532 152,118

CAPITAL AND RESERVES 240,532 152,118

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2022 - 2 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year - (232 )
Amounts repaid - (192 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 29,576
** BALANCE OUTSTANDING AT START OF YEAR FOR CURRENT YEAR AS SHOWN ABOVE -
DOES NOT AGREE TO BALANCE OUTSTANDING AT END OF YEAR FOR LAST YEAR 29,576

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - OTHER DISCLOSURES - TRANSACTIONS WITH DIRECTORS - DIRECTORS' ADVANCES AND CREDITS - FOR BOTH CURRENT AND LAST YEARS

SIXTEEN REAL ESTATE (PROFESSIONAL) LTD (BY SHARES) (REGISTERED NUMBER: 13043872)

BALANCE SHEET - continued
30 NOVEMBER 2023

NOTES TO THE FINANCIAL STATEMENTS

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

**UNKNOWN DIRECTOR 2**
Balance outstanding at start of year - (232 )
Amounts repaid - (192 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 29,576
** BALANCE OUTSTANDING AT START OF YEAR FOR CURRENT YEAR AS SHOWN ABOVE -
DOES NOT AGREE TO BALANCE OUTSTANDING AT END OF YEAR FOR LAST YEAR 29,576

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - OTHER DISCLOSURES - TRANSACTIONS WITH DIRECTORS - DIRECTORS' ADVANCES AND CREDITS - FOR BOTH CURRENT AND LAST YEARS

During the year, the company made advances to the Director totalling £160,000 (2022: £280,240). These were charged interest and repayable on demand.
The company received repayments totalling £219,600 (2022: £221,088).



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 directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





John Michael Scully - Director