STERLING ESTATES MANAGEMENT LIMITED

Company Registration Number:
05424444 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

STERLING ESTATES MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

STERLING ESTATES MANAGEMENT LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 4,946 6,595
Total fixed assets: 4,946 6,595
Current assets
Debtors:   37,888 12,458
Cash at bank and in hand: 7,134,422 355,482
Total current assets: 7,172,310 367,940
Creditors: amounts falling due within one year:   (6,946,527) (180,297)
Net current assets (liabilities): 225,783 187,643
Total assets less current liabilities: 230,729 194,238
Creditors: amounts falling due after more than one year:   (29,351) (50,000)
Total net assets (liabilities): 201,378 144,238
Capital and reserves
Called up share capital: 2,500 2,500
Profit and loss account: 198,878 141,738
Shareholders funds: 201,378 144,238

The notes form part of these financial statements

STERLING ESTATES MANAGEMENT LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 December 2023
and signed on behalf of the board by:

Name: Mr Shalim Ahmed
Status: Director

The notes form part of these financial statements

STERLING ESTATES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STERLING ESTATES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 21 17

STERLING ESTATES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 70,556
At 28 February 2023 70,556
Depreciation
At 01 March 2022 63,961
Charge for year 1,649
At 28 February 2023 65,610
Net book value
At 28 February 2023 4,946
At 28 February 2022 6,595