0 0 Surelet Properties Limited 05633271 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is property rental. Digita Accounts Production Advanced 6.30.9574.0 true 05633271 2024-04-01 2025-03-31 05633271 2025-03-31 05633271 core:CurrentFinancialInstruments 2025-03-31 05633271 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 05633271 core:Non-currentFinancialInstruments 2025-03-31 05633271 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 05633271 core:FurnitureFittingsToolsEquipment 2025-03-31 05633271 bus:SmallEntities 2024-04-01 2025-03-31 05633271 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05633271 bus:FilletedAccounts 2024-04-01 2025-03-31 05633271 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05633271 bus:RegisteredOffice 2024-04-01 2025-03-31 05633271 bus:CompanySecretary1 2024-04-01 2025-03-31 05633271 bus:Director1 2024-04-01 2025-03-31 05633271 bus:Director3 2024-04-01 2025-03-31 05633271 bus:Director4 2024-04-01 2025-03-31 05633271 bus:Director5 2024-04-01 2025-03-31 05633271 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05633271 bus:Agent1 2024-04-01 2025-03-31 05633271 core:ComputerEquipment 2024-04-01 2025-03-31 05633271 countries:EnglandWales 2024-04-01 2025-03-31 05633271 2024-03-31 05633271 core:FurnitureFittingsToolsEquipment 2024-03-31 05633271 2023-04-01 2024-03-31 05633271 2024-03-31 05633271 core:CurrentFinancialInstruments 2024-03-31 05633271 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05633271 core:Non-currentFinancialInstruments 2024-03-31 05633271 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 xbrli:pure iso4217:GBP

Registration number: 05633271

Surelet Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Surelet Properties Limited

Contents

Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 8

Surelet Properties Limited

Company Information

Directors | D Reeves G E Reeves S M Reeves L S Reeves

Company secretary | S M Reeves

Registered office | 163 Herne Hill London SE24 9LR

Accountants | Innovi Advisors Ltd Chartered Certified Accountants163 Herne Hill London SE24 9LR

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Surelet Properties Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Surelet Properties Limited for the year ended 31 March 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Surelet Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Surelet Properties Limited and state those matters that we have agreed to state to the Board of Directors of Surelet Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Surelet Properties Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Surelet Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Surelet Properties Limited. You consider that Surelet Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Surelet Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Innovi Advisors Ltd
Chartered Certified Accountants
163 Herne Hill
London
SE24 9LR

5 November 2025

Surelet Properties Limited

(Registration number: 05633271)
Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 5 | 602,823 | 602,823
Current assets |  |  |
Debtors | 6 | 297 | 297
Cash at bank and in hand |  | 11,978 | 8,318
|  | 12,275 | 8,615
Creditors: Amounts falling due within one year | 7 | (21,697) | (21,673)
Net current liabilities |  | (9,422) | (13,058)
Total assets less current liabilities |  | 593,401 | 589,765
Creditors: Amounts falling due after more than one year | 7 | (195,907) | (195,907)
Net assets |  | 397,494 | 393,858
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 397,394 | 393,758
Shareholders' funds |  | 397,494 | 393,858

Surelet Properties Limited

(Registration number: 05633271)
Statement of Financial Position as at 31 March 2025 (continued)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 5 November 2025 and signed on its behalf by:

D Reeves Director |  |

Surelet Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
163 Herne Hill
London
SE24 9LR
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change
attributable to an item of income or expense recognised as other comprehensive income is also
recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates
taxable income.

Surelet Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Investment properties are included in the statement of financial position at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
Assets held under finance leases are depreciated in the same way as owned assets.
At each statement of financial position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Computer equipment | 33.33% reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Surelet Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 1,000 | 1,000
At 31 March 2025 | 1,000 | 1,000
Depreciation
At 1 April 2024 | 1,000 | 1,000
At 31 March 2025 | 1,000 | 1,000
Carrying amount
At 31 March 2025 | - | -

5 | Investment properties

| 2025 £
At 1 April 2024 | 602,823
At 31 March 2025 | 602,823

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 297 | 297
| 297 | 297

Surelet Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 20,527 | 20,527
Accruals and deferred income |  | 1,170 | 1,146
|  | 21,697 | 21,673

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 195,907 | 195,907

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 195,907 | 195,907

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 20,527 | 20,527