Registered number: 00622092 | ||||||||
FOR THE YEAR ENDED 5 APRIL 2024 | ||||||||
Prepared By: | ||||||||
SINCLAIR & CO | ||||||||
Chartered Accountants | ||||||||
10 Colson Road | ||||||||
Croydon | ||||||||
CR0 6UA |
Selborne Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 5 APRIL 2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Surrey | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 00622092 | ||||||||
ACCOUNTANTS | ||||||||
SINCLAIR & CO | ||||||||
Chartered Accountants | ||||||||
10 Colson Road | ||||||||
Croydon | ||||||||
CR0 6UA |
Selborne Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED5 APRIL 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Selborne Properties Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
53,391 | 95,883 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 82,428 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Revaluation reserve | 1d,9 | 455,207 | 455,207 | |||||||
Other reserves | 10 | 353,878 | 353,878 | |||||||
Profit and loss account | 310,376 | 373,603 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Selborne Properties Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 5 APRIL 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1d. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note9). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
1e. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
Selborne Properties Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||
Land And | Fixtures | |||||||
Buildings | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 6 April 2023 | 1,048,082 | 7,799 | 1,821 | 1,057,702 | ||||
At 5 April 2024 | 1,048,082 | 7,799 | 1,821 | 1,057,702 | ||||
Depreciation | ||||||||
At 6 April 2023 | - | 7,799 | 1,821 | 9,620 | ||||
At 5 April 2024 | - | 7,799 | 1,821 | 9,620 | ||||
Net Book Amounts | ||||||||
At 5 April 2024 | 1,048,082 | |||||||
At 5 April 2023 | 1,048,082 | |||||||
4. FINANCIAL ASSETS | |||||||||
Listed | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 6 April 2023 | 121,354 | 121,354 | |||||||
Disposals | (31,690) | (31,690) | |||||||
Revaluation | 4,071 | 4,071 | |||||||
At 5 April 2024 | 93,735 | 93,735 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 5 April 2024 | 93,735 | 93,735 | |||||||
At 5 April 2023 | 121,354 | 121,354 | |||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
PAYE control | 350 | - | ||||||
Prepayments | 728 | 1,026 | ||||||
1,078 | 1,026 | |||||||
Selborne Properties Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | - | 550 | ||||||
Directors loan account | 4,400 | 10,700 | ||||||
Accruals | 2,171 | 2,205 | ||||||
6,571 | 13,455 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 68,776 | 68,776 | ||||||
68,776 | 68,776 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
400 | 400 | |||||||
400 | 400 | |||||||
9. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Fair value reserve | 455,207 | 455,207 | ||||||
455,207 | 455,207 | |||||||
10. OTHER RESERVES | 2024 | 2023 | ||||
£ | £ | |||||
Capital reserve | 231,250 | 231,250 | ||||
Property sale reserve | 122,628 | 122,628 | ||||
353,878 | 353,878 | |||||