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REGISTERED NUMBER: 08561625 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 30 June 2024

for

SRTU Limited

SRTU Limited (Registered number: 08561625)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


SRTU Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: T M Unwin
S Rimmer





REGISTERED OFFICE: Boundary Plant
Hammond Road
Knowsley Industrial Park
Liverpool
L33 7UL





REGISTERED NUMBER: 08561625 (England and Wales)





ACCOUNTANTS: M P Greaves Limited
Chartered Certified Accountants
74 Marmot Road
Liverpool
Merseyside
L37 6GB

SRTU Limited (Registered number: 08561625)

Report of the Directors
for the Year Ended 30 June 2024

The directors present their report with the financial statements of the company for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of property letting.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

T M Unwin
S Rimmer

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





T M Unwin - Director


19 February 2025

SRTU Limited (Registered number: 08561625)

Income Statement
for the Year Ended 30 June 2024

30.6.24 30.6.23
£    £   

TURNOVER 53,517 51,777

Administrative expenses 16,643 17,111
36,874 34,666

Gain/loss on revaluation of assets 1,736 39,645
OPERATING PROFIT 38,610 74,311

Interest receivable and similar income - 22
38,610 74,333

Interest payable and similar expenses 33,374 25,775
PROFIT BEFORE TAXATION 5,236 48,558

Tax on profit 665 1,693
PROFIT FOR THE FINANCIAL YEAR 4,571 46,865

SRTU Limited (Registered number: 08561625)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 630,968 630,968

CURRENT ASSETS
Debtors 5 6,435 7,820
Investments 6 3,381 1,645
Cash at bank 2,594 13,854
12,410 23,319
CREDITORS
Amounts falling due within one year 7 56,203 56,439
NET CURRENT LIABILITIES (43,793 ) (33,120 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

587,175

597,848

CREDITORS
Amounts falling due after more than one
year

8

205,699

220,943
NET ASSETS 381,476 376,905

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 381,474 376,903
SHAREHOLDERS' FUNDS 381,476 376,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SRTU Limited (Registered number: 08561625)

Balance Sheet - continued
30 June 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by:





T M Unwin - Director


SRTU Limited (Registered number: 08561625)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SRTU 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 as modified by the revaluation of certain assets.

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.
Land and buildings - not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SRTU Limited (Registered number: 08561625)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 630,968
NET BOOK VALUE
At 30 June 2024 630,968
At 30 June 2023 630,968

Cost or valuation at 30 June 2024 is represented by:

Land and
buildings
£   
Valuation in 2017 33,397
Valuation in 2020 (5,000 )
Valuation in 2021 60,968
Valuation in 2022 156,034
Valuation in 2023 40,000
Cost 345,569
630,968

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 345,569 345,569

Freehold land and buildings were valued on an open market basis on 30 June 2024 by T Unwin, Company Director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 4,280 5,665
Other debtors 2,155 2,155
6,435 7,820

6. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Listed investments 3,381 1,645

SRTU Limited (Registered number: 08561625)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 15,125 15,008
Taxation and social security 665 1,693
Other creditors 40,413 39,738
56,203 56,439

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 205,699 220,943

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 145,199 160,911