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Company Registration No. 12613059 (England and Wales)
SNL PROPERTIES LTD Unaudited accounts for the year ended 31 May 2024
SNL PROPERTIES LTD Unaudited accounts Contents
Page
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SNL PROPERTIES LTD Company Information for the year ended 31 May 2024
Director
Gulzar Ahmed
Company Number
12613059 (England and Wales)
Registered Office
ABLE HOUSE UNIT 1 117A INWOOD ROAD HOUNSLOW MIDDLESEX TW3 1XJ ENGLAND
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SNL PROPERTIES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,304,225 
1,304,225 
Current assets
Debtors
87,951 
77,030 
Cash at bank and in hand
296 
2,314 
88,247 
79,344 
Creditors: amounts falling due within one year
(395,862)
(428,765)
Net current liabilities
(307,615)
(349,421)
Total assets less current liabilities
996,610 
954,804 
Creditors: amounts falling due after more than one year
(1,070,680)
(1,015,087)
Net liabilities
(74,070)
(60,283)
Capital and reserves
Share premium
1 
1 
Profit and loss account
(74,071)
(60,284)
Shareholders' funds
(74,070)
(60,283)
For the year ending 31 May 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 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 15 November 2024 and were signed on its behalf by
Gulzar Ahmed Director Company Registration No. 12613059
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SNL PROPERTIES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SNL PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12613059. The registered office is ABLE HOUSE UNIT 1, 117A INWOOD ROAD, HOUNSLOW, MIDDLESEX, TW3 1XJ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,304,225 
At 31 May 2024
1,304,225 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
1,304,225 
At 31 May 2023
1,304,225 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
86,330 
77,030 
Other debtors
1,321 
- 
87,651 
77,030 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
300 
- 
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SNL PROPERTIES LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
54,150 
79,054 
Amounts owed to group undertakings and other participating interests
335,152 
335,151 
Other creditors
3,060 
3,060 
Loans from directors
3,500 
11,500 
395,862 
428,765 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
991,626 
1,015,087 
Trade creditors
79,054 
- 
1,070,680 
1,015,087 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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