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REGISTERED NUMBER: 04269407















Unaudited Financial Statements for the Year Ended 31 August 2024

for

S H Property Agents Ltd

S H Property Agents Ltd (Registered number: 04269407)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S H Property Agents Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: SE Harrison
R E Harrison





REGISTERED OFFICE: 4 Belmont Road
Hemel Hempstead
Hertfordshire
HP3 9NZ





REGISTERED NUMBER: 04269407





ACCOUNTANT: G Jakeman
1a Amberside House
Wood Lane
Paradise Industrial Estate
Hemel Hempstead
Hertfordshire
HP2 4TP

S H Property Agents Ltd (Registered number: 04269407)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 524 655
Investment property 5 942,417 942,417
942,941 943,072

CURRENT ASSETS
Debtors 6 508 (112 )
Cash in hand 28 (42 )
536 (154 )
CREDITORS
Amounts falling due within one year 7 199,614 199,662
NET CURRENT LIABILITIES (199,078 ) (199,816 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

743,863

743,256

CREDITORS
Amounts falling due after more than one
year

8

413,736

420,055
NET ASSETS 330,127 323,201

CAPITAL AND RESERVES
Called up share capital 20 20
Share premium 159,992 159,992
Revaluation reserve 9 41,247 41,247
Retained earnings 128,868 121,942
SHAREHOLDERS' FUNDS 330,127 323,201

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

S H Property Agents Ltd (Registered number: 04269407)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





SE Harrison - Director


S H Property Agents Ltd (Registered number: 04269407)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

S H Property Agents Ltd is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery etc - 20% 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

S H Property Agents Ltd (Registered number: 04269407)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 15,000 1,733 16,733
DEPRECIATION
At 1 September 2023 15,000 1,078 16,078
Charge for year - 131 131
At 31 August 2024 15,000 1,209 16,209
NET BOOK VALUE
At 31 August 2024 - 524 524
At 31 August 2023 - 655 655

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 942,417
NET BOOK VALUE
At 31 August 2024 942,417
At 31 August 2023 942,417

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 508 (112 )

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 3,432 3,988
Trade creditors 1,730 1,729
Taxation and social security 2,881 1,479
Other creditors 191,571 192,466
199,614 199,662

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other creditors 413,736 420,055

S H Property Agents Ltd (Registered number: 04269407)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 41,247