27 January 2024 false No description of principal activity Taxfiler 2024.6 15446669business:PrivateLimitedCompanyLtd2024-01-272025-01-31 154466692024-01-26 154466692024-01-272025-01-31 15446669business:AuditExemptWithAccountantsReport2024-01-272025-01-31 15446669business:FilletedAccounts2024-01-272025-01-31 154466692025-01-31 15446669business:Director12024-01-272025-01-31 15446669business:Director22024-01-272025-01-31 15446669business:Director32024-01-272025-01-31 15446669business:Director42024-01-272025-01-31 15446669business:RegisteredOffice2024-01-272025-01-31 15446669core:WithinOneYear2025-01-31 15446669core:AfterOneYear2025-01-31 15446669core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 15446669core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 15446669core:PreviouslyStatedAmount2025-01-31 15446669business:SmallEntities2024-01-272025-01-31 15446669countries:EnglandWales2024-01-272025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 15446669 (England and Wales)
Southchurch Property Limited Unaudited accounts for the period from 27 January 2024 to 31 January 2025
Southchurch Property Limited Unaudited accounts Contents
Page
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Southchurch Property Limited Company Information for the period from 27 January 2024 to 31 January 2025
Directors
Kylie Barrett Scott Barrett Jeanette Dawson Simon Dawson
Company Number
15446669 (England and Wales)
Registered Office
127 Raphael Drive Shoeburyness Southend-On-Sea SS3 9UR England
Accountants
SilverstoneBKS Limited 127 Raphael Drive Shoeburyness Southend On Sea Essex SS3 9UR
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Southchurch Property Limited Statement of financial position as at 31 January 2025
2025 
Notes
£ 
Fixed assets
Investment property
560,000 
Current assets
Debtors
10,370 
Cash at bank and in hand
19,893 
30,263 
Creditors: amounts falling due within one year
(375)
Net current assets
29,888 
Total assets less current liabilities
589,888 
Creditors: amounts falling due after more than one year
(541,365)
Net assets
48,523 
Capital and reserves
Called up share capital
276 
Profit and loss account
48,247 
Shareholders' funds
48,523 
For the period ending 31 January 2025 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by
Scott Barrett Director Company Registration No. 15446669
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Southchurch Property Limited Notes to the Accounts for the period from 27 January 2024 to 31 January 2025
1
Statutory information
Southchurch Property Limited is a private company, limited by shares, registered in England and Wales, registration number 15446669. The registered office is 127 Raphael Drive, Shoeburyness, Southend-On-Sea, SS3 9UR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
In accordance with FRS 102 Section 23, the company recognises rental income from investment properties as its sole source of turnover. All income during the year relates to rental income derived from leasing property owned by the company. No other income-generating activities were undertaken during the period. Rental income is recognised on a straight-line basis over the term of the lease, in line with the company’s revenue recognition policy.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025 
£ 
Additions
505,420 
Net gain from fair value adjustments
54,580 
At 31 January 2025
560,000 
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Southchurch Property Limited Notes to the Accounts for the period from 27 January 2024 to 31 January 2025
5
Debtors
2025 
£ 
Amounts falling due within one year
Deferred tax asset
10,370 
6
Creditors: amounts falling due within one year
2025 
£ 
Accruals
375 
7
Creditors: amounts falling due after more than one year
2025 
£ 
Loans from directors
541,365 
8
Average number of employees
During the period the average number of employees was 0.
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