Acorah Software Products - Accounts Production 16.0.110 false true false 31 August 2023 31 August 2024 31 August 2024 15107180 Mr James Bruce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15107180 2023-08-30 15107180 2024-08-31 15107180 2023-08-31 2024-08-31 15107180 frs-core:CurrentFinancialInstruments 2024-08-31 15107180 frs-core:ShareCapital 2024-08-31 15107180 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15107180 frs-bus:PrivateLimitedCompanyLtd 2023-08-31 2024-08-31 15107180 frs-bus:FilletedAccounts 2023-08-31 2024-08-31 15107180 frs-bus:SmallEntities 2023-08-31 2024-08-31 15107180 frs-bus:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-31 15107180 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-31 2024-08-31 15107180 frs-bus:Director1 2023-08-31 2024-08-31 15107180 frs-countries:EnglandWales 2023-08-31 2024-08-31
Registered number: 15107180
SBR Property Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Quant Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 15107180
2024
Notes £ £
FIXED ASSETS
Investment Properties 4 395,910
395,910
CURRENT ASSETS
Cash at bank and in hand 31,112
31,112
Creditors: Amounts Falling Due Within One Year 5 (391,072 )
NET CURRENT ASSETS (LIABILITIES) (359,960 )
TOTAL ASSETS LESS CURRENT LIABILITIES 35,950
NET ASSETS 35,950
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account 35,850
SHAREHOLDERS' FUNDS 35,950
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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
Mr James Bruce
Director
11/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SBR Property Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15107180 . The registered office is 30 Eurgain Avenue, Connah's Quay, Deeside, CH5 4PW.
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. 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 year was: 1
1
4. Investment Property
2024
£
Fair Value
As at 31 August 2023 -
Additions 342,837
Revaluations 53,073
As at 31 August 2024 395,910
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024
£
Cost 342,837
The investment properties were valued on an open market basis by the Director at the year end
5. Creditors: Amounts Falling Due Within One Year
2024
£
Other loans 10,000
Amounts owed to participating interests 4,495
Other creditors 376,577
391,072
6. Share Capital
2024
£
Allotted, Called up and fully paid 100
7. Related Party Transactions
SBR Property Ltd is a company under common ownership as SBR Property Ventures Limited. During the year, SBR Property provided loans totalling £4,495 to SBR Property Ventures Limited, all of which were outstanding at the year end. These loans are interest-free and repayable on demand.
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