Registered number
15350813
SSS INVESTMENTS GLOBAL LTD
Filleted Accounts
31 December 2024
SSS INVESTMENTS GLOBAL LTD
Registered number: 15350813
Balance Sheet
as at 31 December 2024
Notes 2024
£
Fixed assets
Investments 3 850,868
Current assets
Debtors 4 400
Cash at bank and in hand 6,984
7,384
Creditors: amounts falling due within one year 5 (5,663)
Net current assets 1,721
Total assets less current liabilities 852,589
Creditors: amounts falling due after more than one year 6 (849,933)
Net assets 2,656
Capital and reserves
Share premium 4
Profit and loss account 2,652
Shareholders' funds 2,656
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ketan Sukkarbhai Patel
Director
Approved by the board on 31 July 2025
SSS INVESTMENTS GLOBAL LTD
Notes to the Accounts
for the period from 14 December 2023 to 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover comprises of rental income from tenants of the company's investment properties. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Investment properties
All investment properties are carried at fair value determined annually and derived from the 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 asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Investment Property
£
Cost
Additions 850,868
At 31 December 2024 850,868
4 Debtors 2024
£
Other debtors 400
5 Creditors: amounts falling due within one year 2024
£
Other creditors 5,041
6 Creditors: amounts falling due after one year 2024
£
Bank loans 849,933
7 Other information
SSS INVESTMENTS GLOBAL LTD is a private company limited by shares and incorporated in England. Its registered office is:
14 Seaton Road
Braunstone
Leicester
LE3 3SU
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