Company Registration No. 14037820 (England and Wales)
Seerat Homes Ltd
Unaudited accounts
for the year ended 30 April 2024
Seerat Homes Ltd
Statement of financial position
as at 30 April 2024
Investment property
83,559
-
Cash at bank and in hand
160
194
Creditors: amounts falling due within one year
(18,966)
(2,550)
Net current liabilities
(18,806)
(2,356)
Total assets less current liabilities
64,753
(2,356)
Creditors: amounts falling due after more than one year
(74,500)
-
Net liabilities
(9,747)
(2,356)
Called up share capital
100
100
Profit and loss account
(9,847)
(2,456)
Shareholders' funds
(9,747)
(2,356)
For the year ending 30 April 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 24 January 2025 and were signed on its behalf by
S Islam
Director
Company Registration No. 14037820
Seerat Homes Ltd
Notes to the Accounts
for the year ended 30 April 2024
Seerat Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 14037820. The registered office is 111 Parsonage Road, Rainham, Essex, RM13 9LE, 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.
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 11 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
18,966
2,550
6
Creditors: amounts falling due after more than one year
2024
2023
Seerat Homes Ltd
Notes to the Accounts
for the year ended 30 April 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).