Company Registration No. 7863938 (England and Wales)
STR Estates Limited
Unaudited accounts
for the year ended 31 March 2022
STR Estates Limited
Unaudited accounts
Contents
STR Estates Limited
Company Information
for the year ended 31 March 2022
Director
Mr Sukhbinder Singh Rayat
Company Number
7863938 (England and Wales)
Registered Office
10 Balfour Road
London
W3 0DQ
England
Accountants
Benison Solvers Limited
1000 Great West Road
Brentford
Middlesex
TW8 9DW
STR Estates Limited
Statement of financial position
as at 31 March 2022
Tangible assets
11,091,936
11,091,936
Cash at bank and in hand
648,215
101,193
Creditors: amounts falling due within one year
(602,193)
(641,863)
Net current assets/(liabilities)
1,247,470
(540,670)
Total assets less current liabilities
12,339,406
10,551,266
Creditors: amounts falling due after more than one year
(7,207,381)
(5,488,460)
Provisions for liabilities
Deferred tax
(885,231)
(885,231)
Net assets
4,246,794
4,177,575
Called up share capital
10
10
Profit and loss account
4,246,784
4,177,565
Shareholders' funds
4,246,794
4,177,575
For the year ending 31 March 2022 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 21 July 2022 and were signed on its behalf by
Mr Sukhbinder Singh Rayat
Director
Company Registration No. 7863938
STR Estates Limited
Notes to the Accounts
for the year ended 31 March 2022
STR Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 7863938. The registered office is 10 Balfour Road, London, W3 0DQ, 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.
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:
Non Distributable Reserve
Profit and loss reserve includes non distributable reserve from the gain on revaluation of assets of £3,773,881
4
Tangible fixed assets
Total
At 1 April 2021
11,091,936
At 31 March 2022
11,091,936
At 31 March 2022
11,091,936
At 31 March 2021
11,091,936
STR Estates Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Deferred taxation
2022
2021
Revaluation of land and buildings
885,231
885,231
Provision at start of year
885,231
-
Charged to the profit and loss account
-
885,231
Provision at end of year
885,231
885,231
6
Transactions with related parties
Other Debtors includes £1,201,448 owed by GST Estates Limited , Mr Tarandeep Rayat is the common Shareholder in both the companies.
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
