Company Registration No. 12933464 (England and Wales)
Steve Davies Properties Limited
Unaudited accounts
for the year ended 31 October 2023
Steve Davies Properties Limited
Unaudited accounts
Contents
Steve Davies Properties Limited
Statement of financial position
as at 31 October 2023
Investment property
224,000
218,000
Cash at bank and in hand
2
13
Creditors: amounts falling due within one year
(42,467)
(51,110)
Net current liabilities
(42,465)
(51,097)
Total assets less current liabilities
181,535
166,903
Creditors: amounts falling due after more than one year
(117,490)
(117,490)
Revaluation reserve
63,674
57,674
Profit and loss account
371
(8,261)
Shareholders' funds
64,045
49,413
For the year ending 31 October 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Steven John Davies
Director
Company Registration No. 12933464
Steve Davies Properties Limited
Notes to the Accounts
for the year ended 31 October 2023
Steve Davies Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12933464. The registered office is 16 Chilton Court, Station Avenue, Walton-on-Thames, Surrey, KT12 1NG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 November 2022
218,000
Net gain from fair value adjustments
6,000
At 31 October 2023
224,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
556
-
Loans from directors
41,433
50,685
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
117,490
117,490
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).