SSR Property Management Limited |
Registered number: |
15034347 |
Balance Sheet |
as at 31 July 2024 |
|
Notes |
|
|
2024 |
|
£ |
|
Fixed assets |
Tangible assets |
3 |
|
|
110,960 |
|
Creditors: amounts falling due within one year |
4 |
|
(99,490) |
|
Net current liabilities |
|
|
|
(99,490) |
|
|
Total assets less current liabilities |
|
|
|
11,470 |
|
|
|
Provisions for liabilities |
|
|
|
(4,703) |
|
|
Net assets |
|
|
|
6,767 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
Profit and loss account |
|
|
|
6,766 |
|
Shareholders' funds |
|
|
|
6,767 |
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Sajith Herath Mudiyanjelaye |
Director |
Approved by the board on 19 September 2024 |
|
SSR Property Management Limited |
Notes to the Accounts |
for the period from 28 July 2023 to 31 July 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable for rental income. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Investments |
|
Investment Properties are properties, which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost.Subsequently it is measured at fair value at the reprorting date.The surplus or deficit on revaluation is recognised in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
2 |
Employees |
2024 |
|
Number |
|
|
|
Average number of persons employed by the company |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Fixtures & Fittings |
|
Total |
£ |
£ |
£ |
|
Cost |
|
Additions |
85,246 |
|
1,200 |
|
86,446 |
|
Surplus on revaluation |
24,754 |
|
- |
|
24,754 |
|
At 31 July 2024 |
110,000 |
|
1,200 |
|
111,200 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
- |
|
240 |
|
240 |
|
At 31 July 2024 |
- |
|
240 |
|
240 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2024 |
110,000 |
|
960 |
|
110,960 |
|
The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 July 2024 by the director.The valuation was made on an open market basis by reference to market evidence of transaction prices for similar properties |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
£ |
|
|
|
Other creditors |
99,490 |
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
SSR Property Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
10 Buttermere Close |
|
Feltham |
|
Middlesex |
|
TW14 9QN |