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Company Registration No. 11777217 (England and Wales)
SGR Properties & Letting Ltd Unaudited accounts for the period from 1 February 2022 to 31 March 2023
SGR Properties & Letting Ltd Unaudited accounts Contents
Page
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SGR Properties & Letting Ltd Company Information for the period from 1 February 2022 to 31 March 2023
Director
Mr S G Rae
Company Number
11777217 (England and Wales)
Registered Office
2 Drewton Avenue Heysham Lancashire LA3 1NU England
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SGR Properties & Letting Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
261,647 
154,400 
Current assets
Debtors
176 
- 
Cash at bank and in hand
6,090 
3,283 
6,266 
3,283 
Creditors: amounts falling due within one year
(87,450)
(39,798)
Net current liabilities
(81,184)
(36,515)
Total assets less current liabilities
180,463 
117,885 
Creditors: amounts falling due after more than one year
(194,495)
(130,497)
Net liabilities
(14,032)
(12,612)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(14,033)
(12,613)
Shareholders' funds
(14,032)
(12,612)
For the period ending 31 March 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 his 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 2 November 2023 and were signed on its behalf by
Mr S G Rae Director Company Registration No. 11777217
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SGR Properties & Letting Ltd Notes to the Accounts for the period from 1 February 2022 to 31 March 2023
1
Statutory information
SGR Properties & Letting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11777217. The registered office is 2 Drewton Avenue, Heysham, Lancashire, LA3 1NU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2022
154,400 
Additions
107,247 
At 31 March 2023
261,647 
Depreciation
At 31 March 2023
- 
Net book value
At 31 March 2023
261,647 
At 31 January 2022
154,400 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
176 
- 
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SGR Properties & Letting Ltd Notes to the Accounts for the period from 1 February 2022 to 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,751 
7,759 
Loans from directors
76,699 
32,039 
87,450 
39,798 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
193,495 
129,997 
Other creditors
1,000 
500 
194,495 
130,497 
8
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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