Company Registration No. 10846601 (England and Wales)
Sue Breedon Property Ltd
Unaudited accounts
for the year ended 31 July 2023
Sue Breedon Property Ltd
Unaudited accounts
Contents
Sue Breedon Property Ltd
Company Information
for the year ended 31 July 2023
Company Number
10846601 (England and Wales)
Registered Office
Lodge Farm
Long Hedge Lane
Alverton
NG139PL
Accountants
Gray Accounting & Business Solutions
11 Henton Close
Coddington
Newark
Nottinghamshire
Ng24 2TE
Sue Breedon Property Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
140,761
141,323
Cash at bank and in hand
40,765
40,816
Creditors: amounts falling due within one year
(525)
(549)
Net current assets
95,451
95,464
Total assets less current liabilities
236,212
236,787
Creditors: amounts falling due after more than one year
(284,523)
(291,815)
Net liabilities
(48,311)
(55,028)
Called up share capital
1
1
Profit and loss account
(48,312)
(55,029)
Shareholders' funds
(48,311)
(55,028)
For the year ending 31 July 2023 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 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 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 20 October 2023 and were signed on its behalf by
Sue Breedon
Director
Company Registration No. 10846601
Sue Breedon Property Ltd
Notes to the Accounts
for the year ended 31 July 2023
Sue Breedon Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 10846601. The registered office is Lodge Farm, Long Hedge Lane, Alverton, NG139PL.
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:
Fixtures & fittings
4 years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
154,490
15,487
169,977
At 31 July 2023
154,490
15,487
169,977
At 1 August 2022
13,731
14,923
28,654
Charge for the year
-
562
562
At 31 July 2023
13,731
15,485
29,216
At 31 July 2023
140,759
2
140,761
At 31 July 2022
140,759
564
141,323
Amounts falling due within one year
Sue Breedon Property Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Investments held as current assets
2023
2022
Unlisted investments
55,000
55,000
7
Creditors: amounts falling due within one year
2023
2022
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
156,759
164,833
Taxes and social security
-
557
Loans from directors
126,235
125,721
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).