SS & KK DEOL INVESTMENTS LIMITED

Company Registration Number:
06105604 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SS & KK DEOL INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SS & KK DEOL INVESTMENTS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,411 4,160
Investments: 4 1,550,000 1,500,000
Total fixed assets: 1,553,411 1,504,160
Current assets
Stocks: 0 0
Debtors:   7,350 5,350
Cash at bank and in hand: 53,163 95,327
Investments:   0 0
Total current assets: 60,513 100,677
Creditors: amounts falling due within one year: 5 (168,845) (172,831)
Net current assets (liabilities): (108,332) (72,154)
Total assets less current liabilities: 1,445,079 1,432,006
Creditors: amounts falling due after more than one year: 6 (890,668) (895,690)
Total net assets (liabilities): 554,411 536,316
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve:7423,064408,064
Other reserves: 0 0
Profit and loss account: 131,247 128,152
Shareholders funds: 554,411 536,316

The notes form part of these financial statements

SS & KK DEOL INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: MR S S DEOL
Status: Director

The notes form part of these financial statements

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for rental premises.

Tangible fixed assets and depreciation policy

Tangible assets are carried at cost price less accumulated depreciation calculated at 18% p.a. on the reducing balance.

Intangible fixed assets and amortisation policy

NONE

Valuation and information policy

INVESTMENTS ARE VALUED AT THE PRICE RUNNING IN VICINITY AREA.

Other accounting policies

DEBTORS-CREDITORS SHORT TERM DEBTORS AND CREDITORS ARE MEASURED AT TRANSACTION PRICE LESS IMPAIREMENT. DEPOSITS RECEIVABLE AND OTHER FINANCIAL LIABILITIES ARE MEASURED AT FAIR VALUE.

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 29,645
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2024 29,645
Depreciation
At 01 April 2023 25,485
Charge for year 749
On disposals 0
Other adjustments 0
At 31 March 2024 26,234
Net book value
At 31 March 2024 3,411
At 31 March 2023 4,160

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Investments in Land and buildings calculated by the director on the basis of the prices prevailing for the properties in the vicinity and general average yield.

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Mortgage Loans -£136125, Rent Deposits - £7350, Rent received in advance =£1640, Accruals- £6000, Corporation Tax Provision - £17676, O ther Creditors -£54

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Bounce Back Loan-£30006,Mortgage Loans -£360104, Directors' Loan Account - £500558

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Revaluation reserve

2024
£
Balance at 01 April 2023 408,064
Surplus or deficit after revaluation 15,000
Balance at 31 March 2024 423,064

SS & KK DEOL INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Related party transactions

Name of the related party: MR S S & NRS K K DEOL
Relationship:
DIRECTORS
Description of the Transaction: Directors' Loan to the Company.
£
Balance at 01 April 2023 513,504
Balance at 31 March 2024 500,558