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Company Registration No. 14869153 (England and Wales)
Surrey Property Portfolio Ltd Unaudited accounts for the year ended 31 May 2025
Surrey Property Portfolio Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Surrey Property Portfolio Ltd Company Information for the year ended 31 May 2025
Directors
Isaac Ajayi Adekunle Oladejo
Company Number
14869153 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Surrey Property Portfolio Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
51,130
51,130
Current assets
Cash at bank and in hand
5,930
2,962
Creditors: amounts falling due within one year
5
(68,811)
(72,508)
Net current liabilities
(62,881)
(69,546)
Net liabilities
(11,751)
(18,416)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(11,753)
(18,418)
Shareholders' funds
(11,751)
(18,416)
For the year ending 31 May 2025 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 31 July 2025 and were signed on its behalf by
Isaac Ajayi Director Company Registration No. 14869153
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Surrey Property Portfolio Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Surrey Property Portfolio Ltd is a private company, limited by shares, registered in England and Wales, registration number 14869153. The registered office is 7 Bell Yard, London, WC2A 2JR, 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.
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.
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:
Land & buildings
No depreciation charge
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 June 2024
51,130
At 31 May 2025
51,130
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
51,130
At 31 May 2024
51,130
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
68,208
71,896
Accruals
603
612
68,811
72,508
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Surrey Property Portfolio Ltd Notes to the Accounts for the year ended 31 May 2025
6
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Isaac Ajayi
Directors loan accounts
(40,950)
(156)
(2,000)
(39,106)
Adekunle Oladejo
Directors loan accounts
(30,945)
(156)
(2,000)
(29,101)
(71,895)
(312)
(4,000)
(68,207)
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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