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REGISTERED NUMBER: 06885741 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED

SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 31 October 2023







DIRECTOR: M P P Smith





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 06885741 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)

BALANCE SHEET
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,311 451
Investment property 5 2,967,600 2,967,600
2,968,911 2,968,051

CURRENT ASSETS
Debtors 6 209 211
Cash at bank 61,859 191,695
62,068 191,906
CREDITORS
Amounts falling due within one year 7 (364,348 ) (402,112 )
NET CURRENT LIABILITIES (302,280 ) (210,206 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,666,631

2,757,845

PROVISIONS FOR LIABILITIES 8 (544,839 ) (544,624 )
NET ASSETS 2,121,792 2,213,221

CAPITAL AND RESERVES
Called up share capital 9 1 1
Non-distributable reserve 2,149,168 2,149,168
Retained earnings (27,377 ) 64,052
SHAREHOLDERS' FUNDS 2,121,792 2,213,221

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

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

The director acknowledges his 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.

SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)

BALANCE SHEET - continued
31 October 2023


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 28 March 2024 and were signed by:





M P P Smith - Director


SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Sant Agata Property Holdings & Investments Limited 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.

The presentational currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of consideration received or receivable and rental income is recognised on an accruals basis.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings-25% reducing balance
Computer equipment-33% on cost

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

The property has been valued using an open market valuation on freehold basis, conducted annually by M P P Smith, the director.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 1,154 5,543 6,697
Additions - 1,593 1,593
At 31 October 2023 1,154 7,136 8,290
DEPRECIATION
At 1 November 2022 1,094 5,152 6,246
Charge for year 15 718 733
At 31 October 2023 1,109 5,870 6,979
NET BOOK VALUE
At 31 October 2023 45 1,266 1,311
At 31 October 2022 60 391 451

SANT AGATA PROPERTY HOLDINGS &
INVESTMENTS LIMITED (REGISTERED NUMBER: 06885741)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 2,967,600
NET BOOK VALUE
At 31 October 2023 2,967,600
At 31 October 2022 2,967,600

Investment properties were valued on an open market basis on 31 October 2023 by the director.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 209 211

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security - 37,283
Other creditors 364,348 364,829
364,348 402,112

8. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 544,839 544,624

Deferred
tax
£   
Balance at 1 November 2022 544,624
Balance at 31 October 2023 544,624

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary £1 1 1