Company Registration No. 15193782 (England and Wales)
So Cheung Properties Ltd
Unaudited accounts
for the year ended 31 October 2025
So Cheung Properties Ltd
Unaudited accounts
Contents
So Cheung Properties Ltd
Company Information
for the year ended 31 October 2025
Directors
KA SHING CHEUNG
DAVID CHUNG KEUNG SO
Company Number
15193782 (England and Wales)
Registered Office
1 Duffield Road
Derby
Derbyshire
DE1 3BB
England
So Cheung Properties Ltd
Statement of financial position
as at 31 October 2025
Investment property
2,632,280
821,954
Cash at bank and in hand
72,588
11,521
Creditors: amounts falling due within one year
(262,623)
(303,724)
Net current liabilities
(186,994)
(276,012)
Total assets less current liabilities
2,445,286
545,942
Creditors: amounts falling due after more than one year
(2,124,245)
(555,892)
Net assets/(liabilities)
321,041
(9,950)
Called up share capital
10
10
Revaluation reserve
325,157
-
Profit and loss account
(4,126)
(9,960)
Shareholders' funds
321,041
(9,950)
For the year ending 31 October 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 31 July 2026 and were signed on its behalf by
KA SHING CHEUNG
Director
Company Registration No. 15193782
So Cheung Properties Ltd
Notes to the Accounts
for the year ended 31 October 2025
So Cheung Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15193782. The registered office is 1 Duffield Road, Derby, Derbyshire, DE1 3BB, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 November 2024
821,954
Net gain from fair value adjustments
325,157
At 31 October 2025
2,632,280
Amounts falling due within one year
Accrued income and prepayments
-
16,191
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
155,192
303,724
Loans from directors
398
-
So Cheung Properties Ltd
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
309,340
555,892
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).