S&S Property Developments Limited 14575575 false 2023-01-06 2023-12-31 2023-12-31 The principal activity of the company is property developers Digita Accounts Production Advanced 6.30.9574.0 true false true 14575575 2023-01-06 2023-12-31 14575575 2023-12-31 14575575 core:CurrentFinancialInstruments 2023-12-31 14575575 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 14575575 bus:SmallEntities 2023-01-06 2023-12-31 14575575 bus:AuditExemptWithAccountantsReport 2023-01-06 2023-12-31 14575575 bus:FullAccounts 2023-01-06 2023-12-31 14575575 bus:SmallCompaniesRegimeForAccounts 2023-01-06 2023-12-31 14575575 bus:RegisteredOffice 2023-01-06 2023-12-31 14575575 bus:Director1 2023-01-06 2023-12-31 14575575 bus:Director2 2023-01-06 2023-12-31 14575575 bus:PrivateLimitedCompanyLtd 2023-01-06 2023-12-31 14575575 1 2023-01-06 2023-12-31 14575575 countries:England 2023-01-06 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 14575575

S&S Property Developments Limited

Unaudited Filleted Financial Statements

for the Period from 6 January 2023 to 31 December 2023

 

S&S Property Developments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

S&S Property Developments Limited

(Registration number: 14575575)
Balance Sheet as at 31 December 2023

Note

2023
£

Current assets

 

Stocks

4

359,533

Debtors

5

625

Cash at bank and in hand

 

5,842

 

366,000

Creditors: Amounts falling due within one year

6

(367,900)

Net liabilities

 

(1,900)

Capital and reserves

 

Called up share capital

100

Retained earnings

(2,000)

Shareholders' deficit

 

(1,900)

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 September 2024 and signed on its behalf by:
 

.........................................
A K Quirke
Director

.........................................
D R Coombe
Director

 

S&S Property Developments Limited

Notes to the Unaudited Financial Statements for the Period from 6 January 2023 to 31 December 2023

1

General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
26 South Saint Mary's Gate
Grimsby
North East Lincolnshire
DN31 1LW

These financial statements were authorised for issue by the Board on 5 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 2.

4

Stocks

2023
£

Work in progress

359,533

 

S&S Property Developments Limited

Notes to the Unaudited Financial Statements for the Period from 6 January 2023 to 31 December 2023

5

Debtors

Current

2023
£

Other debtors

625

 

625

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

7

365,900

Accruals and deferred income

 

2,000

 

367,900

7

Related party transactions

The company has taken advantage of the small companies exemption in relation to section 33 of FRS 102 'Related Party Disclosures' from disclosing transactions with other members of the Group in which any subsidiary which is party to the transaction is wholly owned by the Group.

8

Parent and ultimate parent undertaking

The Company's immediate parent is Cube 3 Construction Holdings Limited, incorporated in England .