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Company Registration No. 2744037 (England and Wales)
S.R. Properties (Kent) Limited Unaudited accounts for the year ended 27 March 2024
S.R. Properties (Kent) Limited Unaudited accounts Contents
Page
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S.R. Properties (Kent) Limited Company Information for the year ended 27 March 2024
Directors
Sandra McGuigan Finbar Patrick McGuigan
Company Number
2744037 (England and Wales)
Registered Office
Dargate House Hernhil Faversham Kent ME13 9JF
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S.R. Properties (Kent) Limited Statement of financial position as at 27 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,525,920 
1,562,260 
Current assets
Debtors
170,325 
221,725 
Cash at bank and in hand
7,986 
79 
178,311 
221,804 
Creditors: amounts falling due within one year
(44,569)
(44,068)
Net current assets
133,742 
177,736 
Total assets less current liabilities
1,659,662 
1,739,996 
Creditors: amounts falling due after more than one year
(1,878,305)
(1,904,496)
Net liabilities
(218,643)
(164,500)
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
216,643 
216,643 
Profit and loss account
(435,288)
(381,145)
Shareholders' funds
(218,643)
(164,500)
For the year ending 27 March 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 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 24 March 2025 and were signed on its behalf by
Sandra McGuigan Director Company Registration No. 2744037
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S.R. Properties (Kent) Limited Notes to the Accounts for the year ended 27 March 2024
1
Statutory information
S.R. Properties (Kent) Limited is a private company, limited by shares, registered in England and Wales, registration number 2744037. The registered office is Dargate House, Hernhil, Faversham, Kent, ME13 9JF.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Land and Buildings - over 50 years
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 28 March 2023
1,817,000 
At 27 March 2024
1,817,000 
Depreciation
At 28 March 2023
254,740 
Charge for the year
36,340 
At 27 March 2024
291,080 
Net book value
At 27 March 2024
1,525,920 
At 27 March 2023
1,562,260 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
170,325 
221,725 
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S.R. Properties (Kent) Limited Notes to the Accounts for the year ended 27 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
480 
480 
Taxes and social security
996 
996 
Loans from directors
40,093 
39,592 
Accruals
3,000 
3,000 
44,569 
44,068 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,384,683 
1,386,965 
Other creditors
493,622 
517,531 
1,878,305 
1,904,496 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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