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Registered number: 14449156
SR Property Management (SW) Ltd
Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14449156
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,110 19,942
26,110 19,942
CURRENT ASSETS
Debtors 5 16,300 2,300
Cash at bank and in hand 2,451 1,575
18,751 3,875
Creditors: Amounts Falling Due Within One Year 6 (17,831 ) (2,161 )
NET CURRENT ASSETS (LIABILITIES) 920 1,714
TOTAL ASSETS LESS CURRENT LIABILITIES 27,030 21,656
NET ASSETS 27,030 21,656
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 26,930 21,556
SHAREHOLDERS' FUNDS 27,030 21,656
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Sammie Radley
Director
19th January 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SR Property Management (SW) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14449156 . The registered office is Unit 8 Bowker House, Lee Mill Bridge, Ivybridge, PL21 9EF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 9% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2024 23,088
Additions 8,750
As at 31 October 2025 31,838
Depreciation
As at 1 November 2024 3,146
Provided during the period 2,582
As at 31 October 2025 5,728
Net Book Value
As at 31 October 2025 26,110
As at 1 November 2024 19,942
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 16,300 2,300
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,950 1,300
Director's loan account 15,881 861
17,831 2,161
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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