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Company Registration No. 13067078 (England and Wales)
S2M PROPERTIES LIMITED Unaudited accounts for the year ended 31 December 2024
S2M PROPERTIES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S2M PROPERTIES LIMITED Company Information for the year ended 31 December 2024
Director
Golam Morshed
Company Number
13067078 (England and Wales)
Registered Office
FLAT 16 KEW APARTMENTS 1 WINTERGREEN BOULEVARD WEST DRAYTON UB7 9FQ ENGLAND
Accountants
Khan Islam & Co 117 Whitechapel Road 3rd Floor London London E1 1DT
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S2M PROPERTIES LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Investment property
4
86,990
86,990
Current assets
Cash at bank and in hand
340
271
Creditors: amounts falling due within one year
5
(450)
(450)
Net current liabilities
(110)
(179)
Total assets less current liabilities
86,880
86,811
Creditors: amounts falling due after more than one year
6
(86,561)
(87,112)
Net assets/(liabilities)
319
(301)
Capital and reserves
Called up share capital
100
100
Profit and loss account
219
(401)
Shareholders' funds
319
(301)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 15 September 2025 and were signed on its behalf by
Golam Morshed Director Company Registration No. 13067078
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S2M PROPERTIES LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
S2M PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13067078. The registered office is FLAT 16 KEW APARTMENTS, 1 WINTERGREEN BOULEVARD, WEST DRAYTON, UB7 9FQ, 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation. is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at at market fair value at the reporting end date. The changes in fair value (surplus or deficit on revaluation) are recognised in Profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024
£
Fair value at 1 January 2024
86,990
At 31 December 2024
86,990
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S2M PROPERTIES LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals
450
450
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
62,625
62,625
Loans from directors
23,936
24,487
86,561
87,112
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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