COMPANY REGISTRATION NUMBER:
15332585
|
Supreme Property Holdings Limited |
|
|
Filleted Unaudited Financial Statements |
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|
Supreme Property Holdings Limited |
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Statement of Financial Position |
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30 November 2025
|
30 Nov 25 |
31 Dec 24 |
|
Note |
£ |
£ |
|
|
|
Fixed assets
|
Tangible assets |
5 |
365,565 |
252,141 |
|
|
|
|
Current assets
|
Debtors |
6 |
890 |
100 |
|
Cash at bank and in hand |
17,949 |
4,724 |
|
-------- |
------- |
|
18,839 |
4,824 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
365,517 |
251,436 |
|
--------- |
--------- |
|
Net current liabilities |
346,678 |
246,612 |
|
--------- |
--------- |
|
Total assets less current liabilities |
18,887 |
5,529 |
|
-------- |
------- |
|
Net assets |
18,887 |
5,529 |
|
-------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
8 |
100 |
100 |
|
Profit and loss account |
18,787 |
5,429 |
|
-------- |
------- |
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Shareholders funds |
18,887 |
5,529 |
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-------- |
------- |
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|
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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 comprehensive income has not been delivered.
For the period ending 30 November 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 financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Supreme Property Holdings Limited |
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Statement of Financial Position (continued) |
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30 November 2025
These financial statements were approved by the
board of directors
and authorised for issue on
22 April 2026
, and are signed on behalf of the board by:
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Mr P J O'Sullivan (Junior) |
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Director |
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Company registration number:
15332585
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Supreme Property Holdings Limited |
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Notes to the Financial Statements |
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Period from 1 January 2025 to 30 November 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Steel House, Callywhite Lane, Dronfield, Derbyshire, S18 2XP, 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
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises property rentals and associated services rendered, net of discounts. Revenue in respect of the provision of rentals and services is recognised in accordance with the period to which it relates.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
4
(2024:
4
).
5.
Tangible assets
|
Freehold property |
Long leasehold property |
Total |
|
£ |
£ |
£ |
|
Cost |
|
|
|
|
At 1 January 2025 |
56,584 |
195,557 |
252,141 |
|
Additions |
– |
113,424 |
113,424 |
|
-------- |
--------- |
--------- |
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At 30 November 2025 |
56,584 |
308,981 |
365,565 |
|
-------- |
--------- |
--------- |
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Depreciation |
|
|
|
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At 1 January 2025 and 30 November 2025 |
– |
– |
– |
|
-------- |
--------- |
--------- |
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Carrying amount |
|
|
|
|
At 30 November 2025 |
56,584 |
308,981 |
365,565 |
|
-------- |
--------- |
--------- |
|
At 31 December 2024 |
56,584 |
195,557 |
252,141 |
|
-------- |
--------- |
--------- |
|
|
|
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Included within the above is investment property as follows:
|
£ |
|
At 1 January 2025 |
252,140 |
|
Additions |
113,425 |
|
--------- |
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At 30 November 2025 |
365,565 |
|
--------- |
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Investment properties are valued at original cost which the directors believe accurately reflects the market value at 30 November 2025..
6.
Debtors
|
30 Nov 25 |
31 Dec 24 |
|
£ |
£ |
|
Other debtors |
890 |
100 |
|
---- |
---- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
30 Nov 25 |
31 Dec 24 |
|
£ |
£ |
|
Trade creditors |
– |
3,459 |
|
Corporation tax |
4,626 |
1,810 |
|
Other creditors |
360,891 |
246,167 |
|
--------- |
--------- |
|
365,517 |
251,436 |
|
--------- |
--------- |
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|
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8.
Called up share capital
Issued, called up and fully paid
|
30 Nov 25 |
31 Dec 24 |
|
No. |
£ |
No. |
£ |
|
A ordinary shares of £ 1 each |
60 |
60 |
60 |
60 |
|
B ordinary shares of £ 1 each |
40 |
40 |
40 |
40 |
|
---- |
---- |
---- |
---- |
|
100 |
100 |
100 |
100 |
|
---- |
---- |
---- |
---- |
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The original share capital issued was 100 shares of £1 each. On 17 May 2024 this was changed to 60 A ordinary shares and 40 B ordinary shares.