Company Registration No. 11538251 (England and Wales)
Property SAS Ltd
Unaudited accounts
for the year ended 31 December 2024
Property SAS Ltd
Unaudited accounts
Contents
Property SAS Ltd
Company Information
for the year ended 31 December 2024
Directors
Samuel Dawson-Barr
Stephen Carter
Company Number
11538251 (England and Wales)
Registered Office
6 DENISON AVENUE
SEAMER
SCARBOROUGH
YO12 4QU
UNITED KINGDOM
Accountants
Christopher Strubin MAAT AATQB Licence 1001636
Compass Accounting
76 Main Street
Seamer
North Yorkshire
YO12 4RF
Property SAS Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
179,000
179,000
Cash at bank and in hand
528
500
Creditors: amounts falling due within one year
(14,760)
(9,609)
Net current liabilities
(14,232)
(9,109)
Total assets less current liabilities
164,768
169,891
Creditors: amounts falling due after more than one year
(275,352)
(229,970)
Net liabilities
(110,584)
(60,079)
Profit and loss account
(110,582)
(60,077)
Shareholders' funds
(110,584)
(60,079)
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 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 31 December 2025 and were signed on its behalf by
Samuel Dawson-Barr
Director
Company Registration No. 11538251
Property SAS Ltd
Notes to the Accounts
for the year ended 31 December 2024
Property SAS Ltd is a private company, limited by shares, registered in England and Wales, registration number 11538251. The registered office is 6 DENISON AVENUE, SEAMER, SCARBOROUGH, YO12 4QU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings
At 31 December 2024
179,000
At 31 December 2024
179,000
At 31 December 2023
179,000
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
14,760
9,609
Property SAS Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
88,350
105,585
Non-equity preference shares
2
2
Loans from directors
187,000
124,383
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).