IRIS Accounts Production v24.3.2.46 05199565 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051995652023-08-31051995652024-08-31051995652023-09-012024-08-31051995652022-08-31051995652022-09-012023-08-31051995652023-08-3105199565ns15:EnglandWales2023-09-012024-08-3105199565ns14:PoundSterling2023-09-012024-08-3105199565ns10:Director12023-09-012024-08-3105199565ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3105199565ns10:SmallEntities2023-09-012024-08-3105199565ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3105199565ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3105199565ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3105199565ns10:FullAccounts2023-09-012024-08-3105199565ns10:Director22023-09-012024-08-3105199565ns10:CompanySecretary12023-09-012024-08-3105199565ns10:RegisteredOffice2023-09-012024-08-3105199565ns5:CurrentFinancialInstruments2024-08-3105199565ns5:CurrentFinancialInstruments2023-08-3105199565ns5:Non-currentFinancialInstruments2024-08-3105199565ns5:Non-currentFinancialInstruments2023-08-3105199565ns5:ShareCapital2024-08-3105199565ns5:ShareCapital2023-08-3105199565ns5:RetainedEarningsAccumulatedLosses2024-08-3105199565ns5:RetainedEarningsAccumulatedLosses2023-08-3105199565ns5:FurnitureFittings2023-09-012024-08-3105199565ns5:MotorVehicles2023-09-012024-08-3105199565ns5:FurnitureFittings2023-08-3105199565ns5:MotorVehicles2023-08-3105199565ns5:FurnitureFittings2024-08-3105199565ns5:MotorVehicles2024-08-3105199565ns5:FurnitureFittings2023-08-3105199565ns5:MotorVehicles2023-08-3105199565ns5:AdditionsToInvestmentsns5:UnlistedNon-exchangeTraded2024-08-3105199565ns5:UnlistedNon-exchangeTradedns5:CostValuation2024-08-3105199565ns5:UnlistedNon-exchangeTraded2024-08-3105199565ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3105199565ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 05199565 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SI PROPERTY CONSULTANTS LIMITED

SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


SI PROPERTY CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr R N Halai
Mrs K Halai





SECRETARY: Mrs K Halai





REGISTERED OFFICE: 39 Hermitage Way
Stanmore
Middlesex
HA7 2AX





REGISTERED NUMBER: 05199565 (England and Wales)





ACCOUNTANTS: Sterling Accounting & Bookkeeping Services Limited
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SI PROPERTY CONSULTANTS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Si Property Consultants Limited for the year ended 31 August 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Si Property Consultants Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Si Property Consultants Limited and state those matters that we have agreed to state to the Board of Directors of Si Property Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Si Property Consultants Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Si Property Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Si Property Consultants Limited. You consider that Si Property Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Si Property Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Accounting & Bookkeeping Services Limited
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


8 May 2025

SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,719 4,991
Investments 5 200,000 -
251,719 4,991

CURRENT ASSETS
Debtors 6 18,411 14,423
Cash at bank 92,021 39,476
110,432 53,899
CREDITORS
Amounts falling due within one year 7 330,951 53,912
NET CURRENT LIABILITIES (220,519 ) (13 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,200

4,978

CREDITORS
Amounts falling due after more than one year 8 31,837 -
NET (LIABILITIES)/ASSETS (637 ) 4,978

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (737 ) 4,878
SHAREHOLDERS' FUNDS (637 ) 4,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

BALANCE SHEET - continued
31 AUGUST 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:





Mr R N Halai - Director


SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Si Property Consultants 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.

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.

Turnover
Turnover is recognised at the fair value of the consideration received for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Fixed asset investments
Fixed asset investments are stated at cost less provision for any impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 September 2023 30,852 - 30,852
Additions 1,562 53,267 54,829
At 31 August 2024 32,414 53,267 85,681
DEPRECIATION
At 1 September 2023 25,861 - 25,861
Charge for year 1,443 6,658 8,101
At 31 August 2024 27,304 6,658 33,962
NET BOOK VALUE
At 31 August 2024 5,110 46,609 51,719
At 31 August 2023 4,991 - 4,991

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
Additions 200,000
At 31 August 2024 200,000
NET BOOK VALUE
At 31 August 2024 200,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,015 12,027
Other debtors 2,396 2,396
18,411 14,423

SI PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 05199565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,522 -
Taxation and social security 4,733 17,216
Other creditors 323,696 36,696
330,951 53,912

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 31,837 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 34,359 -