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REGISTERED NUMBER: 07775331















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SIGNATURE PROPERTIES LTD

SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIGNATURE PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr Tuzarat Hussain Khaliq





REGISTERED OFFICE: 187 Harborne Lane
Selly Oak
Birmingham
West Midlands
B29 6SS





REGISTERED NUMBER: 07775331






SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,438 39,321
Investment property 5 2,429,067 2,395,935
2,476,505 2,435,256

CURRENT ASSETS
Debtors 6 285,799 293,870
Cash at bank 6,026 5,089
291,825 298,959
CREDITORS
Amounts falling due within one year 7 647,603 591,398
NET CURRENT LIABILITIES (355,778 ) (292,439 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,120,727

2,142,817

CREDITORS
Amounts falling due after more than one
year

8

(938,292

)

(931,149

)

PROVISIONS FOR LIABILITIES (7,121 ) (4,369 )
NET ASSETS 1,175,314 1,207,299

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 1,477,649 1,477,649
Retained earnings (302,336 ) (270,351 )
SHAREHOLDERS' FUNDS 1,175,314 1,207,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:





Mr Tuzarat Hussain Khaliq - Director


SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Signature Properties Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 October 2023 13,386 - 99,403 3,010 115,799
Additions - 3,750 22,412 - 26,162
Reclassification/transfer (13,386 ) - - - (13,386 )
At 30 September 2024 - 3,750 121,815 3,010 128,575
DEPRECIATION
At 1 October 2023 - - 73,859 2,619 76,478
Charge for year - 750 3,831 78 4,659
At 30 September 2024 - 750 77,690 2,697 81,137
NET BOOK VALUE
At 30 September 2024 - 3,000 44,125 313 47,438
At 30 September 2023 13,386 - 25,544 391 39,321

Cost or valuation at 30 September 2024 is represented by:

Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost 3,750 121,815 3,010 128,575

If freehold property had not been revalued they would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 522,350 522,350

Freehold property was valued on an open market basis on 30 September 2019 by the director .

The valuation has not been undertaken by any experienced valuer therefore this treatment is not in line with the Financial Reporting Standards.

SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 2,395,935
Additions 19,746
Reclassification/transfer 13,386
At 30 September 2024 2,429,067
NET BOOK VALUE
At 30 September 2024 2,429,067
At 30 September 2023 2,395,935

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2013 477,650
Valuation in 2014 250,000
Valuation in 2016 750,000
Cost 951,417
2,429,067

If investment property had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 900,539 900,539

6. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Amounts owed by associates 285,799 272,370
Other debtors - 10,000
285,799 282,370

Amounts falling due after more than one year:
Other debtors - 11,500

Aggregate amounts 285,799 293,870

SIGNATURE PROPERTIES LTD (REGISTERED NUMBER: 07775331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loan 3 484,349 491,111
Trade creditors 62,408 31,180
Rental account - 3,113
Deferred Rent 26,806 28,273
Amounts owed to associates 25,280 15,500
Tax 6,637 6,637
Social security and other taxes 1,530 1,009
Pension liability 183 146
Directors' current accounts 38,100 12,209
Accrued expenses 2,310 2,220
647,603 591,398

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Loan 3754 938,292 931,149

9. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 1,477,649

10. RELATED PARTY DISCLOSURES

During the financial year, inter-company loans have increased by £3,649. As a result, the total amount of inter-company loans owed to the company as at 30th September 2024 stands at £260,519.

During the financial year, additional funds of £25,890 were introduced by the Director, bringing the total amount owed to Director's to £38,100 as at 30th September 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Tuzarat Hussain Khaliq.