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REGISTERED NUMBER: 08502702 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

Sheene Properties Limited

Sheene Properties Limited (Registered number: 08502702)

Contents of the Financial Statements
for the year ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Sheene Properties Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: Mr A Sheene
Mr S Sheene





REGISTERED OFFICE: Unit 4i Sparrows Way
Lakeview International Business Park
Hersden
Canterbury
Kent
CT3 4JH





REGISTERED NUMBER: 08502702 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

Sheene Properties Limited (Registered number: 08502702)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,789 118,789

CURRENT ASSETS
Cash at bank 30,023 32,713

CREDITORS
Amounts falling due within one year 5 4,892 4,749
NET CURRENT ASSETS 25,131 27,964
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,920

146,753

CREDITORS
Amounts falling due after more than one
year

6

108,772

114,058
NET ASSETS 35,148 32,695

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 35,048 32,595
SHAREHOLDERS' FUNDS 35,148 32,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Sheene Properties Limited (Registered number: 08502702)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




Mr A Sheene - Director



Mr S Sheene - Director


Sheene Properties Limited (Registered number: 08502702)

Notes to the Financial Statements
for the year ended 30 April 2024


1. STATUTORY INFORMATION

Sheene Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 May 2023
and 30 April 2024 118,789
NET BOOK VALUE
At 30 April 2024 118,789
At 30 April 2023 118,789

Sheene Properties Limited (Registered number: 08502702)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,442 1,299
Other creditors 3,450 3,450
4,892 4,749

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 55,292 60,578
Other creditors 53,480 53,480
108,772 114,058

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loan more than 5 years 53,480 53,480

Repayable by instalments
Bank loans more 5 yr by instal 55,292 60,578

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 May 2023 32,595
Profit for the year 2,453
At 30 April 2024 35,048

Sheene Properties Limited

Report of the Accountants to the Directors of
Sheene Properties Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


7 August 2024