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REGISTERED NUMBER: 10807993 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SS8 HOLDINGS LIMITED

SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)






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


SS8 HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N E Stern





REGISTERED OFFICE: 19a Belfast Road
London
N16 6UN





REGISTERED NUMBER: 10807993 (England and Wales)





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

SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Investment property 5 1,022,362 1,022,362

CURRENT ASSETS
Debtors 6 30,439 640
Cash at bank 577 8
31,016 648
CREDITORS
Amounts falling due within one year 7 (245,958 ) (207,327 )
NET CURRENT LIABILITIES (214,942 ) (206,679 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

807,420

815,683

CREDITORS
Amounts falling due after more than one year 8 (703,821 ) (704,463 )
NET ASSETS 103,599 111,220

CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 12 202,323 202,323
Retained earnings 12 (98,725 ) (91,104 )
SHAREHOLDERS' FUNDS 103,599 111,220

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 his 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.

SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)

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 11 March 2025 and were signed by:





N E Stern - Director


SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)

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

1. STATUTORY INFORMATION

SS8 Holdings 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

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.

4. EMPLOYEES AND DIRECTORS

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,022,362
NET BOOK VALUE
At 30 June 2024 1,022,362
At 30 June 2023 1,022,362

The director has confirmed that, there is no significant market value increase or decrease in properties.

SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 640
Other debtors 30,439 -
30,439 640

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 9) 3 -
Other creditors 245,955 207,327
245,958 207,327

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 9) 663,563 663,563
Other creditors 40,258 40,900
703,821 704,463

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 663,563 663,563

Repayable by instalments
Other loans more 5yrs instal 40,258 40,900

9. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3 -

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 663,563 663,563

SS8 HOLDINGS LIMITED (REGISTERED NUMBER: 10807993)

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

9. LOANS - continued
30.6.24 30.6.23
£    £   
Repayable by instalments
Other loans more 5yrs instal 40,258 40,900

10. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 663,563 663,563
Other loans 40,258 40,900
703,821 704,463

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £40,258 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary 0.5 1 1

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 (91,104 ) 202,323 111,219
Deficit for the year (7,621 ) (7,621 )
At 30 June 2024 (98,725 ) 202,323 103,598

13. ULTIMATE CONTROLLING PARTY

The controlling party is N E Stern.