| Registered number |
| SPV 15 LIMITED | |
| Report and accounts | |
| Contents | |
| Page | |
| Company information | 1 |
| Director's report | 2 |
| Profit and loss account | 3 |
| Balance sheet | 4 |
| Statement of changes in equity | 5 |
| Notes to the accounts | 6 to 10 |
| Company Information |
| Director |
| Accountants |
| Deancoopers |
| Suite 4, Cranbrook House |
| 61 Cranbrook Road |
| Ilford |
| Essex |
| IG1 4PG |
| Registered office |
| Cranbrook House |
| 61 Cranbrook Road |
| Ilford, England |
| IG1 4PG |
| Registered number |
| Registered number: | |||||||
| Director's Report | |||||||
| The director presents his report and accounts for the year ended |
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| Principal activities | |||||||
| Directors | |||||||
| The following persons served as directors during the year: | |||||||
| Small company provisions | |||||||
| This report was approved by the board on |
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| Pakkirisamy Bhoopalan Natarajan | |||||||
| Director | |||||||
| Profit and Loss Account | ||||||||
| for the year ended |
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| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Turnover | ||||||||
| Administrative expenses | ( |
( |
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| Operating profit | ||||||||
| Profit before taxation | ||||||||
| Tax on profit | ( |
( |
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| Profit for the financial year | ||||||||
| Registered number: | |||||||
| Balance Sheet | |||||||
| as at |
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| Notes | 2024 | 2023 | |||||
| £ | £ | ||||||
| Fixed assets | |||||||
| Investments | 3 | - | |||||
| Current assets | |||||||
| Debtors | 4 | ||||||
| Cash at bank and in hand | |||||||
| Creditors: amounts falling due within one year | 5 | ( |
( |
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| Net current (liabilities)/assets | ( |
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| Net assets | |||||||
| Capital and reserves | |||||||
| Called up share capital | |||||||
| Profit and loss account | |||||||
| Shareholder's funds | |||||||
| Pakkirisamy Bhoopalan Natarajan | |||||||
| Director | |||||||
| Approved by the board on |
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| Statement of Changes in Equity | ||||||||||
| for the year ended |
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| Share | Share | Re- | Profit | Total | ||||||
| capital | premium | valuation | and loss | |||||||
| reserve | account | |||||||||
| £ | £ | £ | £ | £ | ||||||
| At 1 October 2022 | - | - | - | |||||||
| Profit for the financial year | 1,958 | 1,958 | ||||||||
| At 30 September 2023 | 1 | - | - | 1,958 | 1,959 | |||||
| At 1 October 2023 | - | - | ||||||||
| Profit for the financial year | ||||||||||
| At 30 September 2024 | - | - | ||||||||
| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Accounting policies | |||||||
| Basis of preparation | ||||||||
| Turnover | ||||||||
| Tangible fixed assets | ||||||||
| Fixtures, fittings, tools and equipment | 20% reducing balance | |||||||
| Investment Property | ||||||||
Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise; and no depreciation is provided in respect of investment properties applying the fair value model. Investment property fair value is determined by the director based on his understanding of property market conditions and derived from current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific assets. |
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| Financial instruments | ||||||||
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
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| Functional and presentation currency | ||||||||
| The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency. |
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| Debtors | ||||||||
| Creditors | ||||||||
| Taxation | ||||||||
| Provisions | ||||||||
| Foreign currency translation | ||||||||
| Leased assets | ||||||||
| Employee benefits | ||||||||
| Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. |
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| Pensions | ||||||||
| 2 | Employees | 2024 | 2023 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 3 | Investments | |||||||
| Other | ||||||||
| investments | ||||||||
| £ | ||||||||
| Cost | ||||||||
| Additions | ||||||||
| At 30 September 2024 | ||||||||
| 4 | Debtors | 2024 | 2023 | |||||
| £ | £ | |||||||
| Other debtors | ||||||||
| 5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Taxation and social security costs | ||||||||
| Other creditors | ||||||||
| 6 | Related party transactions | |||||||
| 7 | Controlling party | |||||||
| 8 | Other information | |||||||
| SPV 15 LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
| Cranbrook House | ||||||||
| 61 Cranbrook Road | ||||||||
| Ilford, England | ||||||||
| IG1 4PG | ||||||||