SERJ Limited - Accounts to registrar (filleted) - small 18.2
SERJ Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| FOR |
| SERJ LIMITED |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| SERJ LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| First Floor, Jebsen House |
| 53-61 High Street |
| Ruislip |
| Middlesex |
| HA4 7BD |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| BALANCE SHEET |
| 31ST JULY 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital reserve |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| BALANCE SHEET - continued |
| 31ST JULY 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| 1. | STATUTORY INFORMATION |
| SERJ Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net rental income, excluding value added tax. |
| Tangible fixed assets |
| Computer equipment | - |
| Freehold properties are included at fair value. Gains are recognised in the fair value reserve. Deferred tax is provided on these gains at the rate expected to apply when the properties are sold. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Computer |
| property | equipment | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1st August 2020 |
| Disposals | ( |
) | ( |
) |
| At 31st July 2021 |
| DEPRECIATION |
| At 1st August 2020 |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31st July 2021 |
| NET BOOK VALUE |
| At 31st July 2021 |
| At 31st July 2020 |
| Cost or valuation at 31st July 2021 is represented by: |
| Freehold | Computer |
| property | equipment | Totals |
| £ | £ | £ |
| Valuation in 2009 | 345,791 | - | 345,791 |
| Valuation in 2014 | 25,000 | - | 25,000 |
| Valuation in 2017 | 111,000 | - | 111,000 |
| Cost | 54,209 | 600 | 54,809 |
| 536,000 | 600 | 536,600 |
| The historical cost of the freehold properties is £54,209. The freehold properties were transferred from a connected company on 1st August 2008 and revalued at that date at £400,000. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| SERJ LIMITED (REGISTERED NUMBER: 05892441) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2021 |
| 7. | PROVISIONS FOR LIABILITIES |
| 2021 | 2020 |
| £ | £ |
| Deferred tax | 46,788 | 46,788 |
| Deferred |
| tax |
| £ |
| Balance at 1st August 2020 |
| Balance at 31st July 2021 |
| Provision has been made for taxation that would be payable if the company's freehold properties were sold at book value. |