Company Registration No. 11983794 (England and Wales)
S R A Property Investments Ltd
Unaudited accounts
for the year ended 31 May 2024
S R A Property Investments Ltd
Unaudited accounts
Contents
S R A Property Investments Ltd
Company Information
for the year ended 31 May 2024
Directors
Zakiya Hussain Ali
Mohammed Safraz Ali
Company Number
11983794 (England and Wales)
Registered Office
71 Queens Road
Buckhurst Hill
IG9 5BW
England
Accountants
ESJ Accountants Ltd
3 Scott House
Admirals Way
Canary Wharf
London
E14 9UG
S R A Property Investments Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
25,210,742
25,211,113
Debtors
1,905,646
1,367,556
Cash at bank and in hand
299,683
234,374
Creditors: amounts falling due within one year
(64,471)
(68,918)
Net current assets
2,140,858
1,533,012
Total assets less current liabilities
27,351,600
26,744,125
Creditors: amounts falling due after more than one year
(6,492,641)
(5,970,692)
Net assets
20,858,959
20,773,433
Called up share capital
2,000
2,000
Share premium
20,340,500
20,340,500
Profit and loss account
516,459
430,933
Shareholders' funds
20,858,959
20,773,433
For the year ending 31 May 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 21 May 2025 and were signed on its behalf by
Mohammed Safraz Ali
Director
Company Registration No. 11983794
S R A Property Investments Ltd
Notes to the Accounts
for the year ended 31 May 2024
S R A Property Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11983794. The registered office is 71 Queens Road, Buckhurst Hill, IG9 5BW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
25,210,000
1,855
25,211,855
At 31 May 2024
25,210,000
1,855
25,211,855
Charge for the year
-
371
371
At 31 May 2024
-
1,113
1,113
At 31 May 2024
25,210,000
742
25,210,742
At 31 May 2023
25,210,000
1,113
25,211,113
Amounts falling due within one year
Trade debtors
134,368
134,368
Other debtors
1,771,278
1,233,188
S R A Property Investments Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
51,473
58,882
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
6,492,641
5,970,692
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).