Registration number:
Sapphire Developments (Lytham) Limited
for the Period from 1 November 2022 to 31 July 2023
Sapphire Developments (Lytham) Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Sapphire Developments (Lytham) Limited
(Registration number: 09273041)
Balance Sheet as at 31 July 2023
2023 |
2022 |
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Current assets |
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Creditors: Amounts falling due within one year |
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( |
Total assets less current liabilities |
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Accruals and deferred income |
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( |
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Capital and Reserves |
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( |
Sapphire Developments (Lytham) Limited
(Registration number: 09273041)
Balance Sheet as at 31 July 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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
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.
Average number of employees |
The average number of persons employed by the company (including directors) during the period, was
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:
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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
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Mr R Gallagher
Director