SELAH DEVELOPMENTS LIMITED

Company Registration Number:
NI637531 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SELAH DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SELAH DEVELOPMENTS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 40 20
Tangible assets: 4 262 305
Investments: 5 120,000 240,000
Total fixed assets: 120,302 240,325
Current assets
Stocks: 155,955 152,655
Debtors:   100,858 74,469
Cash at bank and in hand: 8,950 18,957
Total current assets: 265,763 246,081
Creditors: amounts falling due within one year:   (246,827) (246,566)
Net current assets (liabilities): 18,936 (485)
Total assets less current liabilities: 139,238 239,840
Creditors: amounts falling due after more than one year:   (35,510) (122,565)
Total net assets (liabilities): 103,728 117,275
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:625,32050,641
Profit and loss account: 78,308 66,534
Shareholders funds: 103,728 117,275

The notes form part of these financial statements

SELAH DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 April 2024
and signed on behalf of the board by:

Name: Darryl Kidd
Status: Director

The notes form part of these financial statements

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 20
Additions 20
At 31 December 2023 40
Net book value
At 31 December 2023 40
At 31 December 2022 20

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 434
At 31 December 2023 434
Depreciation
At 01 January 2023 129
Charge for year 43
At 31 December 2023 172
Net book value
At 31 December 2023 262
At 31 December 2022 305

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed investments

Investment properties held for rental income.

SELAH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Revaluation reserve

2023
£
Balance at 01 January 2023 50,641
Surplus or deficit after revaluation (25,321)
Balance at 31 December 2023 25,320