REGISTERED NUMBER: 11878339 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sewita Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S Kaur

REGISTERED OFFICE:

38 Devon Waye

Heston

Hounslow

Middlesex

TW5 0NE

REGISTERED NUMBER:

11878339 (England and Wales)

ACCOUNTANTS:

SK Associates Ltd

1 Agincourt Villas

Uxbridge Road

Hillingdon

Middlesex

UB10 0NX

FIXED ASSETS

Tangible assets

4

284,579

266,118

CURRENT ASSETS

Cash at bank and in hand

1,892

15,795

CREDITORS

Amounts falling due within one year

5

16,962

49,239

NET CURRENT LIABILITIES

(15,070

)

(33,444

)

TOTAL ASSETS LESS CURRENT LIABILITIES

269,509

232,674

CREDITORS

Amounts falling due after more than one year

6

272,802

233,541

NET LIABILITIES

(3,293

)

(867

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(3,294

)

(868

)

(3,293

)

(867

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 11 September 2025 and were signed by:

Mrs S Kaur - Director

1.	STATUTORY INFORMATION

Sewita Properties Ltd is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2024

266,118

Additions

18,461

At 31 December 2024

284,579

NET BOOK VALUE

At 31 December 2024

284,579

At 31 December 2023

266,118

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

11,199

11,199

Trade creditors

(1

)

(1

)

Other creditors

5,764

38,041

16,962

49,239

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

15,802

17,160

Other creditors

257,000

216,381

272,802

233,541

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mrs S Kaur

Balance outstanding at start of year

241,986

241,381

Amounts advanced

-

605

Amounts repaid

(239,378

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,608

241,986

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, other creditors include an interest free loan of £257,000 (2023 - £10,0000) from Righttime Investment Limited in which Mr N S Chawla (spouse of Mrs S Kaur) is the director and 100% shareholder.