IRIS Accounts Production v23.3.0.418 11059386 director 1.4.22 31.3.23 31.3.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110593862022-03-31110593862023-03-31110593862022-04-012023-03-31110593862021-03-31110593862021-04-012022-03-31110593862022-03-3111059386ns10:Originalns15:EnglandWales2022-04-012023-03-3111059386ns14:PoundSterlingns10:Original2022-04-012023-03-3111059386ns10:Originalns10:Director12022-04-012023-03-3111059386ns10:Original2022-04-012023-03-3111059386ns10:Original2023-03-3111059386ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3111059386ns10:Originalns10:SmallEntities2022-04-012023-03-3111059386ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3111059386ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111059386ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3111059386ns10:Originalns10:FullAccounts2022-04-012023-03-3111059386ns10:Originalns10:RegisteredOffice2022-04-012023-03-3111059386ns10:Original2022-03-3111059386ns10:Originalns5:CurrentFinancialInstruments2023-03-3111059386ns10:Originalns5:CurrentFinancialInstruments2022-03-3111059386ns5:ShareCapitalns10:Original2023-03-3111059386ns5:ShareCapitalns10:Original2022-03-3111059386ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3111059386ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3111059386ns10:Original2021-04-012022-03-31
REGISTERED NUMBER: 11059386 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Sedgeford Estates Ltd

Sedgeford Estates Ltd (Registered number: 11059386)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sedgeford Estates Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs S J Barker





REGISTERED OFFICE: c/o ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB





REGISTERED NUMBER: 11059386 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Sedgeford Estates Ltd (Registered number: 11059386)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 189,527 189,527

CURRENT ASSETS
Debtors 5 147 130
Cash at bank 7,394 5,954
7,541 6,084
CREDITORS
Amounts falling due within one year 6 189,428 184,273
NET CURRENT LIABILITIES (181,887 ) (178,189 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,640

11,338

PROVISIONS FOR LIABILITIES 3,534 3,534
NET ASSETS 4,106 7,804

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,105 7,803
SHAREHOLDERS' FUNDS 4,106 7,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2023 and were signed by:




Mrs S J Barker - Director


Sedgeford Estates Ltd (Registered number: 11059386)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Sedgeford Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
Although the company has net liabilities at the year end date, the director has considered that the going concern basis of accounts preparation is still appropriate because although she is the main creditor of the company she has provided assurances that her loan will only be repaid when finances permit and has agreed to provide the necessary financial support to ensure financial obligations are met as they fall due

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Full provision has been made on the gains arising from the fair value review of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY

The director has reviewed the valuation on an open market basis and believes that no revaluation adjustment is required.

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2023 189,527

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Prepayments 147 130

Sedgeford Estates Ltd (Registered number: 11059386)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Directors' current accounts 188,828 183,763
Accrued expenses 600 510
189,428 184,273

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S J Barker.

At the year end the company owed the director, £188,828, (2022, £183,763).