Company Registration No. 10217118 (England and Wales)
Syozant Properties SAI Limited
Unaudited accounts
for the year ended 30 November 2023
Syozant Properties SAI Limited
Unaudited accounts
Contents
Syozant Properties SAI Limited
Company Information
for the year ended 30 November 2023
Company Number
10217118 (England and Wales)
Registered Office
9 Horn Lane
London
W3 9NJ
England
Syozant Properties SAI Limited
Statement of financial position
as at 30 November 2023
Tangible assets
730,000
730,000
Cash at bank and in hand
2,269
2,746
Creditors: amounts falling due within one year
(79,149)
(78,274)
Net current liabilities
(76,880)
(75,528)
Total assets less current liabilities
653,120
654,472
Creditors: amounts falling due after more than one year
(633,798)
(635,811)
Called up share capital
100
100
Profit and loss account
19,222
18,561
Shareholders' funds
19,322
18,661
For the year ending 30 November 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 2 August 2024 and were signed on its behalf by
Khanna Narravula
Director
Company Registration No. 10217118
Syozant Properties SAI Limited
Notes to the Accounts
for the year ended 30 November 2023
Syozant Properties SAI Limited is a private company, limited by shares, registered in England and Wales, registration number 10217118. The registered office is 9 Horn Lane, London, W3 9NJ, 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.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
4
Tangible fixed assets
Land & buildings
At 1 December 2022
730,000
At 30 November 2023
730,000
At 30 November 2023
730,000
At 30 November 2022
730,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,429
3,274
Other creditors
75,000
75,000
Syozant Properties SAI Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
475,249
477,262
Loans from directors
158,549
158,549
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The director K. Narravula controls the company as a result of controlling directly 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).