Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30No description of principal activity34false2022-12-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04591263 2022-12-01 2023-11-30 04591263 2021-12-01 2022-11-30 04591263 2023-11-30 04591263 2022-11-30 04591263 c:Director1 2022-12-01 2023-11-30 04591263 d:Buildings d:ShortLeaseholdAssets 2022-12-01 2023-11-30 04591263 d:Buildings d:ShortLeaseholdAssets 2023-11-30 04591263 d:Buildings d:ShortLeaseholdAssets 2022-11-30 04591263 d:CurrentFinancialInstruments 2023-11-30 04591263 d:CurrentFinancialInstruments 2022-11-30 04591263 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 04591263 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 04591263 d:ShareCapital 2023-11-30 04591263 d:ShareCapital 2022-11-30 04591263 d:RetainedEarningsAccumulatedLosses 2023-11-30 04591263 d:RetainedEarningsAccumulatedLosses 2022-11-30 04591263 c:FRS102 2022-12-01 2023-11-30 04591263 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04591263 c:FullAccounts 2022-12-01 2023-11-30 04591263 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure
Registered number: 04591263














SJM PROPERTY MANAGEMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 NOVEMBER 2023

 
SJM PROPERTY MANAGEMENT LIMITED
REGISTERED NUMBER:04591263

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
£
£

FIXED ASSETS
  

Tangible assets
 4 
9,070
10,060

  
9,070
10,060

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
1,000
1,000

Cash at bank and in hand
  
-
16,917

  
1,000
17,917

Creditors: amounts falling due within one year
 6 
(25,815)
(30,298)

NET CURRENT LIABILITIES
  
 
 
(24,815)
 
 
(12,381)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(15,745)
(2,321)

  

NET LIABILITIES
  
£(15,745)
£(2,321)


CAPITAL AND RESERVES
  

Called up share capital 
  
200
200

Profit and loss account
  
(15,945)
(2,521)

  
£(15,745)
£(2,321)


Page 1

 
SJM PROPERTY MANAGEMENT LIMITED
REGISTERED NUMBER:04591263

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 November 2024.




................................................
S J Moore
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SJM PROPERTY MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

SJM Property Management Limited is a private limited company, limited by shares, incorporated in England and Wales, under registeration number 04591263. The registered office is Henwood House, Henwood, Ashford, Kent, TN24 8DH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
SJM PROPERTY MANAGEMENT LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold Improvements
-
5% Straight Line Basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 4

 
SJM PROPERTY MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Employees
3
4


4.


Tangible fixed assets





Leasehold Improvement

£



Cost or valuation


At 1 December 2022
19,805



At 30 November 2023

19,805



Depreciation


At 1 December 2022
9,745


Charge for the year on owned assets
990



At 30 November 2023

10,735



Net book value



At 30 November 2023
£9,070



At 30 November 2022
£10,060




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Short leasehold
£9,070
£10,060



5.


Debtors

2023
2022
£
£


Prepayments and accrued income
£1,000
£1,000


Page 5

 
SJM PROPERTY MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
956

Other taxation and social security
19,430
9,469

Other creditors
416
13,904

Accruals and deferred income
5,969
5,969

£25,815
£30,298


Page 6