SAFELODGE RENTAL LIMITED Filleted Accounts Cover
SAFELODGE RENTAL LIMITED
Company No. 14906066
Information for Filing with The Registrar
31 May 2024
SAFELODGE RENTAL LIMITED Directors Report Registrar
The Directors present their report and the accounts for the period ended 31 May 2024.
Principal activities
The principal activity of the company during the period under review was property investment.
Directors
The Directors who served at any time during the period were as follows:
Z.K. ACAN-UGUR
H. UGUR
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
H. UGUR
Director
11 February 2025
SAFELODGE RENTAL LIMITED Balance Sheet Registrar
at
31 May 2024
Company No.
14906066
Notes
2024
£
Fixed assets
Investment property
4
49,361
Investments
5
49,802
99,163
Current assets
Debtors
6
458
Cash at bank and in hand
116,743
117,201
Creditors: Amount falling due within one year
7
(215,152)
Net current liabilities
(97,951)
Total assets less current liabilities
1,212
Net assets
1,212
Capital and reserves
Called up share capital
100
Profit and loss account
9
1,112
Total equity
1,212
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 11 February 2025 and signed on its behalf by:
H. UGUR
Director
11 February 2025
SAFELODGE RENTAL LIMITED Notes to the Accounts Registrar
for the period ended 31 May 2024
1
General information
SAFELODGE RENTAL LIMITED is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 14906066
Its registered office is:
22 Walton Avenue
Sutton
SM3 9UB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3
Employees
2024
Number
The average monthly number of employees (including directors) during the period:
0
4
Investment property
Freehold Investment Property
£
Valuation
Additions
49,361
At 31 May 2024
49,361
5
Investments
Other investments
Total
£
£
Cost or valuation
Additions
49,802
49,802
At 31 May 2024
49,802
49,802
Provisions/Impairment
Net book values
At 31 May 2024
49,802
49,802
6
Debtors
2024
£
Other debtors
458
458
7
Creditors:
amounts falling due within one year
2024
£
Other loans
213,250
Taxes and social security
261
Other creditors
1,041
Accruals and deferred income
600
215,152
8
Share Capital
100 ordinary shares allotted with aggregate nominal value of £100.
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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