0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 129,964 177,339 307,303 307,303 129,964 xbrli:pure xbrli:shares iso4217:GBP 11760114 2022-02-01 2023-01-31 11760114 2023-01-31 11760114 2022-01-31 11760114 2021-02-01 2022-01-31 11760114 2022-01-31 11760114 2021-01-31 11760114 bus:Director1 2022-02-01 2023-01-31 11760114 core:AfterOneYear 2023-01-31 11760114 core:AfterOneYear 2022-01-31 11760114 core:WithinOneYear 2023-01-31 11760114 core:WithinOneYear 2022-01-31 11760114 core:ShareCapital 2023-01-31 11760114 core:ShareCapital 2022-01-31 11760114 core:RetainedEarningsAccumulatedLosses 2023-01-31 11760114 core:RetainedEarningsAccumulatedLosses 2022-01-31 11760114 bus:SmallEntities 2022-02-01 2023-01-31 11760114 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11760114 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 11760114 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11760114 bus:FullAccounts 2022-02-01 2023-01-31 11760114 core:Buildings 2022-01-31 11760114 core:Buildings 2022-02-01 2023-01-31 11760114 core:Buildings 2023-01-31
COMPANY REGISTRATION NUMBER: 11760114
SP GRAHAM HOMES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 January 2023
SP GRAHAM HOMES LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2023
CONTENTS
PAGES
Statement of financial position
1 to 2
Notes to the financial statements
3 to 4
SP GRAHAM HOMES LIMITED
STATEMENT OF FINANCIAL POSITION
31 January 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
307,303
129,964
CURRENT ASSETS
Debtors
5
502
Cash at bank and in hand
6,968
3,424
-------
-------
7,470
3,424
CREDITORS: amounts falling due within one year
6
( 107,659)
( 41,853)
---------
--------
NET CURRENT LIABILITIES
( 100,189)
( 38,429)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
207,114
91,535
CREDITORS: amounts falling due after more than one year
7
( 208,732)
( 93,750)
---------
--------
NET LIABILITIES
( 1,618)
( 2,215)
---------
--------
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss account
( 1,619)
( 2,216)
-------
-------
SHAREHOLDER DEFICIT
( 1,618)
( 2,215)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
SP GRAHAM HOMES LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 January 2023
These financial statements were approved by the board of directors and authorised for issue on 27 October 2023 , and are signed on behalf of the board by:
S P Graham
Director
Company registration number: 11760114
SP GRAHAM HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 51 Selby Road, Leeds, LS9 0EW.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing financial support of the company. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of rents received, exclusive of Value Added Tax.
Investment property
Investment property is recorded at open market value at the reporting date.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. TANGIBLE ASSETS
Investment property
£
Cost
At 1 February 2022
129,964
Additions
177,339
---------
At 31 January 2023
307,303
---------
Depreciation
At 1 February 2022 and 31 January 2023
---------
Carrying amount
At 31 January 2023
307,303
---------
At 31 January 2022
129,964
---------
-
5. DEBTORS
2023
2022
£
£
Other debtors
502
----
----
6. CREDITORS: amounts falling due within one year
2023
2022
£
£
Trade creditors
547
Amounts due to related companies
105,000
39,999
Other creditors
2,112
1,854
---------
--------
107,659
41,853
---------
--------
7. CREDITORS: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
208,732
93,750
---------
--------