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Company Registration No. 09721003 (England and Wales)
Sterling Properties London Limited Unaudited accounts for the year ended 31 March 2024
Sterling Properties London Limited Unaudited accounts Contents
Page
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Sterling Properties London Limited Company Information for the year ended 31 March 2024
Directors
Dr A S Khambay Ms Phirun Suwan
Secretary
Ms Phirun Suwan
Company Number
09721003 (England and Wales)
Registered Office
98 Samuelson House Merrick Road Southall Middlesex UB2 4WS United Kingdom
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Sterling Properties London Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,566,635 
1,566,635 
Investments
606,900 
606,900 
2,173,535 
2,173,535 
Current assets
Debtors
8,967 
- 
Cash at bank and in hand
1,351,515 
18,732 
1,360,482 
18,732 
Creditors: amounts falling due within one year
(2,000)
(4,464)
Net current assets
1,358,482 
14,268 
Total assets less current liabilities
3,532,017 
2,187,803 
Creditors: amounts falling due after more than one year
(2,921,006)
(1,627,536)
Net assets
611,011 
560,267 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
610,911 
560,167 
Shareholders' funds
611,011 
560,267 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 23 November 2024 and were signed on its behalf by
Dr A S Khambay Director Company Registration No. 09721003
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Sterling Properties London Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sterling Properties London Limited is a private company, limited by shares, registered in England and Wales, registration number 09721003. The registered office is 98 Samuelson House, Merrick Road, Southall, Middlesex, UB2 4WS, United Kingdom.
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
2024 
£ 
Fair value at 1 April 2023
1,566,635 
At 31 March 2024
1,566,635 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
606,900 
Valuation at 31 March 2024
606,900 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,967 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,264 
Accruals
2,000 
1,200 
2,000 
4,464 
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Sterling Properties London Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
13,511 
- 
Loans from directors
2,905,495 
1,627,536 
Accruals
2,000 
- 
2,921,006 
1,627,536 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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