Company registration number: 10992328
Unaudited financial statements
for the period ended 31 March 2026
for
Severn Properties Limited
Pages for filing with the Registrar
Company registration number: 10992328
Severn Properties Limited
Balance sheet
as at 31 March 2026
31 Mar 26 29 Oct 24
£ £ £ £
Fixed assets 639,850 643,664
Current assets 289,924 344,306
Creditors: amounts falling due within one year (627,647) (551,764)
Net current liabilities (297,438) (207,458)
Total assets less current liabilities 342,412 436,206
Creditors: amounts falling due after more than one year
(577,718) (570,256)
NET LIABILITIES (235,306) (134,050)
CAPITAL AND RESERVES (235,306) (134,050)
Notes
1 Company information
Severn Properties Limited is a private company registered in England and Wales. Its registered number is 10992328. The company is limited by shares. Its registered office is 33 Corncrake Way, Bicester, Oxfordshire, OX26 6UF.
2 Average number of employees
During the period the average number of employees was 1 (2024 - 1).
3 Related party transactions
Included in creditors due within one year is a balance of £576,680 (2024 - £462,193) owed to a company wholly owned by the director of Severn Properties Limited. No interest is charged on the outstanding balance.
4 Director transactions
At the year end, the company was owed £40,285 (2024 - £46,766). Interest has been charged on any outstanding balance at HMRC’s official rates.
5 Going concern
These accounts have been prepared on the going concern basis. This is considered appropriate since although the company has net liabilities as at 31 March 2026 of £235,306, the company will continue to be supported by its director.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 March 2026.
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Company registration number: 10992328
Severn Properties Limited
Balance sheet - continued
as at 31 March 2026
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the micro-entity provisions.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Signed by:
Mr T Munemo, Director
16 September 2026
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