8 January 2024 false No description of principal activity Taxfiler 2024.6 15395926 business:PrivateLimitedCompanyLtd 2024-01-08 2025-01-31 15395926 2024-01-07 15395926 2024-01-08 2025-01-31 15395926 business:AuditExemptWithAccountantsReport 2024-01-08 2025-01-31 15395926 business:FilletedAccounts 2024-01-08 2025-01-31 15395926 2025-01-31 15395926 business:Director1 2024-01-08 2025-01-31 15395926 business:Director2 2024-01-08 2025-01-31 15395926 business:RegisteredOffice 2024-01-08 2025-01-31 15395926 core:WithinOneYear 2025-01-31 15395926 core:AfterOneYear 2025-01-31 15395926 core:ShareCapital core:PreviouslyStatedAmount 2025-01-31 15395926 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 15395926 core:PreviouslyStatedAmount 2025-01-31 15395926 business:SmallEntities 2024-01-08 2025-01-31 15395926 countries:EnglandWales 2024-01-08 2025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 15395926 (England and Wales)
SMDL PROPERTIES LTD Unaudited accounts for the period from 8 January 2024 to 31 January 2025
SMDL PROPERTIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SMDL PROPERTIES LTD Company Information for the period from 8 January 2024 to 31 January 2025
Directors
Mridula Sharma Somansh Sharma
Company Number
15395926 (England and Wales)
Registered Office
5 Arclight Way Colchester CO1 1GY United Kingdom
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
- 3 -
SMDL PROPERTIES LTD Statement of financial position as at 31 January 2025
2025
Notes
£
Fixed assets
Investment property
4
515,206
Current assets
Cash at bank and in hand
8,287
Creditors: amounts falling due within one year
5
(10,964)
Net current liabilities
(2,677)
Total assets less current liabilities
512,529
Creditors: amounts falling due after more than one year
6
(520,460)
Net liabilities
(7,931)
Capital and reserves
Called up share capital
100
Profit and loss account
(8,031)
Shareholders' funds
(7,931)
For the period ending 31 January 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 2 October 2025 and were signed on its behalf by
Mridula Sharma Director Company Registration No. 15395926
- 4 -
SMDL PROPERTIES LTD Notes to the Accounts for the period from 8 January 2024 to 31 January 2025
1
Statutory information
SMDL PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 15395926. The registered office is 5 Arclight Way, Colchester, CO1 1GY, United Kingdom.
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
These financial statements for the period from 8 January 2024 to 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 8 January 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investment property
Investment property is initially recognized at cost and subsequently revalued to fair value at each accounting year end. Any revaluation gains are recognized in the income statement, with a corresponding deferred tax liability recognized based on the tax rate expected to apply upon disposal of the property.
4
Investment property
2025
£
Additions
515,206
At 31 January 2025
515,206
5
Creditors: amounts falling due within one year
2025
£
Loans from directors
10,964
6
Creditors: amounts falling due after more than one year
2025
£
Bank loans
370,460
Other creditors
150,000
520,460
- 5 -
SMDL PROPERTIES LTD Notes to the Accounts for the period from 8 January 2024 to 31 January 2025
7
Average number of employees
During the period the average number of employees was 0.
- 6 -