Sapphire Developments (Lytham) Limited 09273041 false 2022-11-01 2023-07-31 2023-07-31 The principal activity of the company is Building development and plot sales Digita Accounts Production Advanced 6.30.9574.0 true 09273041 2022-11-01 2023-07-31 09273041 2023-07-31 09273041 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 09273041 bus:Micro-entities 2022-11-01 2023-07-31 09273041 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-07-31 09273041 bus:FilletedAccounts 2022-11-01 2023-07-31 09273041 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-07-31 09273041 bus:RegisteredOffice 2022-11-01 2023-07-31 09273041 bus:Director1 2022-11-01 2023-07-31 09273041 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-07-31 09273041 countries:EnglandWales 2022-11-01 2023-07-31 09273041 2021-11-01 2022-10-31 09273041 2022-10-31 09273041 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 09273041

Sapphire Developments (Lytham) Limited

Unaudited Filleted Financial Statements

for the Period from 1 November 2022 to 31 July 2023

 

Sapphire Developments (Lytham) Limited

Contents

Balance Sheet

1 to 3

Notes to the Unaudited Financial Statements

2

 

Sapphire Developments (Lytham) Limited

(Registration number: 09273041)
Balance Sheet as at 31 July 2023

2023
£

2022
£

Current assets

793,295

799,691

Creditors: Amounts falling due within one year

(171,710)

(808,345)

Total assets less current liabilities

621,585

(8,654)

Accruals and deferred income

(1,376)

(998)

 

620,209

(9,652)

Capital and Reserves

620,209

(9,652)

 

Sapphire Developments (Lytham) Limited

(Registration number: 09273041)
Balance Sheet as at 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Horne Brooke Shenton
15 Olympic Court
Boardmans Way
Blackpool
FY4 5GU

These financial statements were authorised for issue by the Board on 18 March 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentation currency is £ sterling

2

Related party transactions

During the year the company made advances to the directors which resulted in their directors loan accounts becoming overdrawn. The advances were £275,000 for one director and £381,477 for a second director and are repayable on demand. Interest is chargeable on these overdrawn balances at 2.25% and this has been accrued within the 2023 year end accounts. These loan account advances are expected to be repaid before 5th April 2024.

3

Average number of employees

The average number of persons employed by the company (including directors) during the period, was 3 (2022 - 3).

For the financial period ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Sapphire Developments (Lytham) Limited

(Registration number: 09273041)
Balance Sheet as at 31 July 2023

Approved and authorised by the Board on 18 March 2024 and signed on its behalf by:
 

.........................................

Mr R Gallagher

Director