Acorah Software Products - Accounts Production 15.0.600 false true false 9 January 2023 31 January 2024 31 January 2024 14579942 Mrs S Kaur Mr H Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14579942 2023-01-08 14579942 2024-01-31 14579942 2023-01-09 2024-01-31 14579942 frs-core:Non-currentFinancialInstruments 2024-01-31 14579942 frs-core:FurnitureFittings 2024-01-31 14579942 frs-core:FurnitureFittings 2023-01-09 2024-01-31 14579942 frs-core:FurnitureFittings 2023-01-08 14579942 frs-core:RevaluationReserve 2023-01-09 2024-01-31 14579942 frs-core:RevaluationReserve 2024-01-31 14579942 frs-core:ShareCapital 2024-01-31 14579942 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14579942 frs-bus:PrivateLimitedCompanyLtd 2023-01-09 2024-01-31 14579942 frs-bus:FilletedAccounts 2023-01-09 2024-01-31 14579942 frs-bus:SmallEntities 2023-01-09 2024-01-31 14579942 frs-bus:AuditExempt-NoAccountantsReport 2023-01-09 2024-01-31 14579942 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-09 2024-01-31 14579942 frs-bus:Director1 2023-01-09 2024-01-31 14579942 frs-bus:Director2 2023-01-09 2024-01-31 14579942 frs-countries:EnglandWales 2023-01-09 2024-01-31
Registered number: 14579942
Simran Dwellings Limited
Unaudited Financial Statements
For the Period 9 January 2023 to 31 January 2024
SQK Accountancy Ltd
Use.Space
Paddock Street
Manchester
Greater Manchester
M12 6HT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14579942
31 January 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 5,920
Investment Properties 5 350,000
355,920
CURRENT ASSETS
Cash at bank and in hand 68,197
68,197
Creditors: Amounts Falling Due Within One Year 6 (106,074 )
NET CURRENT ASSETS (LIABILITIES) (37,877 )
TOTAL ASSETS LESS CURRENT LIABILITIES 318,043
Creditors: Amounts Falling Due After More Than One Year 7 (217,465 )
NET ASSETS 100,578
CAPITAL AND RESERVES
Called up share capital 8 2
Revaluation reserve 9 117,588
Profit and Loss Account (17,012 )
SHAREHOLDERS' FUNDS 100,578
Page 1
Page 2
For the period ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs S Kaur
Director
30/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Simran Dwellings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14579942 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% Straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 9 January 2023 -
Additions 7,400
As at 31 January 2024 7,400
Depreciation
As at 9 January 2023 -
Provided during the period 1,480
As at 31 January 2024 1,480
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 5,920
As at 9 January 2023 -
5. Investment Property
31 January 2024
£
Fair Value
As at 9 January 2023 -
Additions 232,412
Revaluations 117,588
As at 31 January 2024 350,000
6. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Other creditors 106,074
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2024
£
Bank loans 217,465
8. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 2
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 117,588
As at 31 January 2024 117,588
Page 4