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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
Page
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Steve Davies Properties Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
224,000 
218,000 
Current assets
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)
Net assets
64,045 
49,413 
Capital and reserves
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
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Steve Davies Properties Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
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 
Accruals
478 
425 
42,467 
51,110 
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).
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