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Company Registration No. 05786491 (England and Wales)
1 Step Properties Limited Unaudited accounts for the year ended 30 April 2024
1 Step Properties Limited Unaudited accounts Contents
Page
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1 Step Properties Limited Company Information for the year ended 30 April 2024
Director
Rizwan Sharif
Company Number
05786491 (England and Wales)
Registered Office
1 Rosse Street Bradford West Yorkshire BD8 9AS
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1 Step Properties Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
386,232 
452,289 
Current assets
Debtors
49,099 
49,099 
Cash at bank and in hand
1,712 
7,763 
50,811 
56,862 
Creditors: amounts falling due within one year
(82,763)
(66,723)
Net current liabilities
(31,952)
(9,861)
Total assets less current liabilities
354,280 
442,428 
Creditors: amounts falling due after more than one year
(318,327)
(389,492)
Net assets
35,953 
52,936 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
35,952 
52,935 
Shareholders' funds
35,953 
52,936 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 24 April 2025 and were signed on its behalf by
Rizwan Sharif Director Company Registration No. 05786491
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1 Step Properties Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
1 Step Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05786491. The registered office is 1 Rosse Street, Bradford, West Yorkshire, BD8 9AS.
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.
4
Investment property
2024 
£ 
Fair value at 1 May 2023
452,289 
Disposals
(66,057)
At 30 April 2024
386,232 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
49,099 
49,099 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,951 
8,945 
Taxes and social security
- 
2,976 
Other creditors
29,161 
29,161 
Loans from directors
24,901 
24,901 
Accruals
750 
740 
82,763 
66,723 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
318,327 
389,492 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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