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REGISTERED NUMBER: 04471586 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SELISH ESTATES LTD

SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SELISH ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs R Deutsch





SECRETARY: A Deutsch





REGISTERED OFFICE: 65 Forburg Road
London
N16 6HR





REGISTERED NUMBER: 04471586 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 127 190
Investment property 5 205,000 195,000
205,127 195,190

CURRENT ASSETS
Cash at bank 10,292 14,013

CREDITORS
Amounts falling due within one year 6 (65,793 ) (65,295 )
NET CURRENT LIABILITIES (55,501 ) (51,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,626

143,908

PROVISIONS FOR LIABILITIES 7 (24,750 ) -
NET ASSETS 124,876 143,908

CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 74,250 89,000
Retained earnings 9 50,625 54,907
SHAREHOLDERS' FUNDS 124,876 143,908

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 director acknowledges her 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.

SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 director and authorised for issue on 5 March 2025 and were signed by:





Mrs R Deutsch - Director


SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Selish Estates Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 424
DEPRECIATION
At 1 July 2023 234
Charge for year 63
At 30 June 2024 297
NET BOOK VALUE
At 30 June 2024 127
At 30 June 2023 190

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 195,000
Revaluations 10,000
At 30 June 2024 205,000
NET BOOK VALUE
At 30 June 2024 205,000
At 30 June 2023 195,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2017 69,438
Valuation in 2018 (5,438 )
Valuation in 2020 20,000
Valuation in 2021 5,000
Valuation in 2022 106,000
Valuation in 2024 10,000
205,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax - 561
Other creditors 65,133 64,134
Accrued expenses 660 600
65,793 65,295

SELISH ESTATES LTD (REGISTERED NUMBER: 04471586)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 24,750 -

Deferred
tax
£   
Provided during year 24,750
Balance at 30 June 2024 24,750

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary 1 1 1

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 July 2023 54,907 89,000 143,907
Deficit for the year (18,032 ) (18,032 )
Dividends (1,000 ) (1,000 )
Revaluation reserve 14,750 (14,750 ) -
At 30 June 2024 50,625 74,250 124,875

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 were paid to the director .

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs R Deutsch.