1 September 2023 false No description of principal activity Taxfiler 2024.6 08650675business:PrivateLimitedCompanyLtd2023-09-012024-08-31 086506752023-08-31 086506752023-09-012024-08-31 08650675business:AuditExemptWithAccountantsReport2023-09-012024-08-31 08650675business:FilletedAccounts2023-09-012024-08-31 086506752024-08-31 08650675business:Director12023-09-012024-08-31 08650675business:Director22023-09-012024-08-31 08650675business:RegisteredOffice2023-09-012024-08-31 086506752023-08-31 08650675core:WithinOneYear2024-08-31 08650675core:WithinOneYear2023-08-31 08650675core:AfterOneYear2024-08-31 08650675core:AfterOneYear2023-08-31 08650675core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 08650675core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 08650675core:RevaluationReservecore:PreviouslyStatedAmount2024-08-31 08650675core:RevaluationReservecore:PreviouslyStatedAmount2023-08-31 08650675core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 08650675core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 08650675core:PreviouslyStatedAmount2024-08-31 08650675core:PreviouslyStatedAmount2023-08-31 08650675business:SmallEntities2023-09-012024-08-31 08650675countries:EnglandWales2023-09-012024-08-31 086506752022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 08650675 (England and Wales)
S & V PROPERTIES LIMITED Unaudited accounts for the year ended 31 August 2024
S & V PROPERTIES LIMITED Unaudited accounts Contents
Page
- 2 -
S & V PROPERTIES LIMITED Company Information for the year ended 31 August 2024
Directors
V Lambert S Lambert
Company Number
08650675 (England and Wales)
Registered Office
WHITE HOUSE FARM TOWN STREET SHIPTONTHORPE YORK YO43 3PE
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
- 3 -
S & V PROPERTIES LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
746,291 
745,178 
Current assets
Debtors
1,415 
- 
Cash at bank and in hand
72,022 
22,273 
73,437 
22,273 
Creditors: amounts falling due within one year
(321,070)
(336,416)
Net current liabilities
(247,633)
(314,143)
Total assets less current liabilities
498,658 
431,035 
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Provisions for liabilities
Deferred tax
(30,563)
(30,563)
Net assets
418,095 
350,472 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
130,297 
130,297 
Profit and loss account
287,796 
220,173 
Shareholders' funds
418,095 
350,472 
For the year ending 31 August 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 13 May 2025 and were signed on its behalf by
V Lambert Director Company Registration No. 08650675
- 4 -
S & V PROPERTIES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
S & V PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08650675. The registered office is WHITE HOUSE FARM, TOWN STREET SHIPTONTHORPE, YORK, YO43 3PE.
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.
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.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
745,178 
Additions
1,113 
At 31 August 2024
746,291 
The investment properties have been valued by the directors at the year end and they believe that the carrying value in the balance sheet is at fair value as at 31 August 2023.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,415 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,380 
Amounts owed to group undertakings and other participating interests
167,300 
187,000 
Taxes and social security
18,896 
13,204 
Loans from directors
123,054 
123,054 
Accruals
1,320 
1,278 
Deferred income
10,500 
10,500 
321,070 
336,416 
- 5 -
S & V PROPERTIES LIMITED Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
50,000 
50,000 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -