Company Registration No. 12443739 (England and Wales)
S O PROPERTY CONSULTANCY LTD
Unaudited accounts
for the year ended 29 February 2024
S O PROPERTY CONSULTANCY LTD
Unaudited accounts
Contents
S O PROPERTY CONSULTANCY LTD
Company Information
for the year ended 29 February 2024
Director
Mr. Steffan Glyndwr Stanislaw Olszanski
Company Number
12443739 (England and Wales)
Registered Office
4 The Burcott
Roman Road
Hereford
HR1 1JX
United Kingdom
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
4 Baird Road
Enfield
Middlesex
EN1 1SJ
S O PROPERTY CONSULTANCY LTD
Statement of financial position
as at 29 February 2024
Tangible assets
521,171
241,591
Cash at bank and in hand
252
280
Creditors: amounts falling due within one year
(1,558)
(840)
Net current assets
3,694
4,440
Total assets less current liabilities
524,865
246,031
Creditors: amounts falling due after more than one year
(518,660)
(243,016)
Called up share capital
100
100
Profit and loss account
6,105
2,915
Shareholders' funds
6,205
3,015
For the year ending 29 February 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 16 February 2025 and were signed on its behalf by
Mr. Steffan Glyndwr Stanislaw Olszanski
Director
Company Registration No. 12443739
S O PROPERTY CONSULTANCY LTD
Notes to the Accounts
for the year ended 29 February 2024
S O PROPERTY CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 12443739. The registered office is 4 The Burcott, Roman Road, Hereford, HR1 1JX, 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.
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.
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.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
S O PROPERTY CONSULTANCY LTD
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings
At 29 February 2024
521,171
At 29 February 2024
521,171
At 28 February 2023
241,591
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
608
-
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
468,496
188,916
Loans from directors
49,791
52,720
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At the balance sheet date, where the director had controlling interests, the director was owed by the company £49,791.
The company's controlling party is Mr. Steffan Glyndwr Stanislaw Olszanski by virtue of his ownership of 100% of the issues share capital of the company.
S O PROPERTY CONSULTANCY LTD
Notes to the Accounts
for the year ended 29 February 2024
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).