SRL CONSTRUCTION (LONDON) LTD

Company Registration Number:
06633011 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

SRL CONSTRUCTION (LONDON) LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SRL CONSTRUCTION (LONDON) LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 343,673 364,211
Investments:   0 0
Total fixed assets: 343,673 364,211
Current assets
Stocks: 148,000 0
Debtors:   140,311 98,071
Cash at bank and in hand: 120,191 358,978
Investments:   0 0
Total current assets: 408,502 457,049
Creditors: amounts falling due within one year: 4 (97,826) (122,429)
Net current assets (liabilities): 310,676 334,620
Total assets less current liabilities: 654,349 698,831
Creditors: amounts falling due after more than one year: 5 (55,265) (89,837)
Provision for liabilities: 0 0
Total net assets (liabilities): 599,084 608,994
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 599,083 608,993
Shareholders funds: 599,084 608,994

The notes form part of these financial statements

SRL CONSTRUCTION (LONDON) LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 March 2025
and signed on behalf of the board by:

Name: Mr Jaspal Singh Khaira
Status: Director

The notes form part of these financial statements

SRL CONSTRUCTION (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Property, plant and equipment Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Motor vehicles 25% Straight line

Valuation and information policy

Inventories Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

SRL CONSTRUCTION (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 13 12

SRL CONSTRUCTION (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 469,137
Additions 23,358
Disposals (69,874)
Revaluations 0
Transfers 0
At 30 June 2024 422,621
Depreciation
At 01 July 2023 104,926
Charge for year 29,188
On disposals (55,166)
Other adjustments 0
At 30 June 2024 78,948
Net book value
At 30 June 2024 343,673
At 30 June 2023 364,211

SRL CONSTRUCTION (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 Bank loans and overdraft: £2,000 Trade creditors: £1 Taxation and social security: £60,977 Other creditors: £34,848 2023 Bank loans and overdraft: £9,575 Trade creditors: £0 Taxation and social security: £79,332 Other creditors: £33,522

SRL CONSTRUCTION (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due after more than one year note

2024 Bank loans and overdraft: £22,389 Other creditors: £32,876 2023 Bank loans and overdraft: £23,014 Other creditors: £66,823