ST GEORGES REMOVALS AND STORAGE LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 8783490

ST GEORGES REMOVALS AND STORAGE LIMITED

Filleted Unaudited Financial Statements

31 December 2024

ST GEORGES REMOVALS AND STORAGE LIMITED

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	6	250,000	250,000

Current assets

Debtors	7	16,000	13,000
Cash at bank and in hand		29,067	9,942
		--------	--------
		45,067	22,942

Creditors: amounts falling due within one year	8	23,182	13,569
		--------	--------
Net current assets		21,885	9,373
		---------	---------
Total assets less current liabilities		271,885	259,373

Creditors: amounts falling due after more than one year	9	250,934	252,911
		---------	---------
Net assets		20,951	6,462
		---------	---------

Capital and reserves

Called up share capital	10	2	2
Profit and loss account	11	20,949	6,460
		--------	-------
Shareholders funds		20,951	6,462
		--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ST GEORGES REMOVALS AND STORAGE LIMITED

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 31 December 2025 , and are signed on behalf of the board by:

Olga Dubov
Director

Company registration number: 8783490

ST GEORGES REMOVALS AND STORAGE LIMITED

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit A6, Lower Road, Northfleet Industrial Estate, Dartford, Kent, DA11 9SN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties and in compliance with the provisions of Financial Reporting Standard 102 Section 1A.

(b) Turnover

Turnover represents rents receivable in the year.

(c) Tangible fixed assets, investment properties and depreciation

Fixed assets are stated at cost less a provision for accumulated depreciation, except in the case of investment properties. Investment properties are included in the balance sheet at their open market value at the balance sheet date. Changes in market value are taken through the profit and loss account to a fair value reserve. Depreciation is not provided on investment properties. This treatment is required by Financial Reporting Standard 102 but is a departure from the requirements of the Companies Act concerning depreciation of fixed assets. The properties are held for investment purposes and the director considers that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the accounts to give a true and fair view.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Tax on profit

	2024	2023
	£	£
Charge to taxation on the profit for the year @ 19% (2023 – 19%)	3,399	1,754

6. Tangible assets

	Freehold property
	£
Cost
At 1 January 2024 and 31 December 2024	250,000
	---------
Depreciation
At 1 January 2024 and 31 December 2024	–
	---------
Carrying amount
At 31 December 2024	250,000
	---------
At 31 December 2023	250,000
	---------

The historical cost of the company's freehold investment property at the balance sheet date was £250,000 (2023 - £250,000).

7. Debtors

	2024	2023
	£	£
Other debtors	16,000	13,000
	--------	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Corporation tax	5,591	2,192
Director’s current account (O Dubov)	5,359	15
Bank loan (current portion)	2,200	2,200
Other creditors	10,032	9,162
	--------	--------
	23,182	13,569
	--------	--------

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Director’s loan (O Dubov)	250,000	250,000
Bank loan (long-term portion)	934	2,911
	---------	---------
	250,934	252,911
	---------	---------

The director’s loan (O Dubov) was granted to the company on 22 April 2015. It bears interest at 2% per annum from 1 July 2015. The interest charge to the company for the year is shown above.

10. Called up share capital

	2024	2023
	£	£
Allotted, called up and fully paid:
1 ordinary share of £1	1	1
1 ordinary ‘B’ share of £1	1	1
	----	----
	2	2
	----	----

11. Reserves

	2024	2023
	£	£
Accumulated profits brought forward	6,460	3,980
Profit for the year	14,489	7,480
Dividends paid in the year	–	(5,000)
	--------	-------
Accumulated profits carried forward	20,949	6,460
	--------	-------