IRIS Accounts Production v24.3.2.46 11209618 director 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112096182023-03-31112096182024-03-31112096182023-04-012024-03-31112096182022-03-31112096182022-04-012023-03-31112096182023-03-3111209618ns15:EnglandWales2023-04-012024-03-3111209618ns14:PoundSterling2023-04-012024-03-3111209618ns10:Director12023-04-012024-03-3111209618ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111209618ns10:SmallEntities2023-04-012024-03-3111209618ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111209618ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111209618ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111209618ns10:FullAccounts2023-04-012024-03-3111209618ns10:OrdinaryShareClass12023-04-012024-03-3111209618ns10:RegisteredOffice2023-04-012024-03-3111209618ns5:CurrentFinancialInstruments2024-03-3111209618ns5:CurrentFinancialInstruments2023-03-3111209618ns5:Non-currentFinancialInstruments2024-03-3111209618ns5:Non-currentFinancialInstruments2023-03-3111209618ns5:ShareCapital2024-03-3111209618ns5:ShareCapital2023-03-3111209618ns5:RetainedEarningsAccumulatedLosses2024-03-3111209618ns5:RetainedEarningsAccumulatedLosses2023-03-3111209618ns5:FurnitureFittings2023-04-012024-03-3111209618ns5:FurnitureFittings2023-03-3111209618ns5:FurnitureFittings2024-03-3111209618ns5:FurnitureFittings2023-03-3111209618ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111209618ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3111209618ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 11209618 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SELENIC LETS LIMITED

SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SELENIC LETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Ms C C Moon





REGISTERED OFFICE: 25 Gorse Rise
London
SW17 9BS





REGISTERED NUMBER: 11209618 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,513 4,684
Investments 5 1,670,598 1,627,766
Investment property 6 324,947 324,947
1,999,058 1,957,397

CURRENT ASSETS
Debtors 7 1,300 1,300
Investments 8 12,688 8,141
Cash at bank 1,594 2,427
15,582 11,868
CREDITORS
Amounts falling due within one year 9 45,175 24,222
NET CURRENT LIABILITIES (29,593 ) (12,354 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,969,465

1,945,043

CREDITORS
Amounts falling due after more than one
year

10

1,891,855

1,851,669
NET ASSETS 77,610 93,374

CAPITAL AND RESERVES
Called up share capital 11 1 1
Retained earnings 77,609 93,373
SHAREHOLDERS' FUNDS 77,610 93,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Ms C C Moon - Director


SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Selenic Lets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
Cost
At 1 April 2023
and 31 March 2024 19,736
Depreciation
At 1 April 2023 15,052
Charge for year 1,171
At 31 March 2024 16,223
Net book value
At 31 March 2024 3,513
At 31 March 2023 4,684

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investment in Zeal properties 1,670,598 1,627,766

6. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 324,947
Net book value
At 31 March 2024 324,947
At 31 March 2023 324,947

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,300 1,300

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Current Investment in LLP 12,688 8,141

SELENIC LETS LIMITED (REGISTERED NUMBER: 11209618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 13,762 14,012
Taxation and social security 2,139 3,423
Other creditors 29,274 6,787
45,175 24,222

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 221,257 223,903
Other creditors 1,670,598 1,627,766
1,891,855 1,851,669

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1