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Company Registration No. 08618386 (England and Wales)
SEW Properties Limited Unaudited accounts for the year ended 31 July 2023
SEW Properties Limited Unaudited accounts Contents
Page
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SEW Properties Limited Company Information for the year ended 31 July 2023
Director
SE Watson
Company Number
08618386 (England and Wales)
Registered Office
c/o Pearson & Associates Suire E, Canal Wharf. Eshton Road Gargrave. Skipton North Yorkshire BD23 3SE
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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SEW Properties Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,210 
77,310 
Current assets
Debtors
12,302 
2,928 
Cash at bank and in hand
67,020 
56,457 
79,322 
59,385 
Creditors: amounts falling due within one year
(6,145)
(5,416)
Net current assets
73,177 
53,969 
Net assets
147,387 
131,279 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
147,386 
131,278 
Shareholders' funds
147,387 
131,279 
For the year ending 31 July 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 27 March 2024 and were signed on its behalf by
SE Watson Director Company Registration No. 08618386
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SEW Properties Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SEW Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 08618386. The registered office is c/o Pearson & Associates, Suire E, Canal Wharf. Eshton Road, Gargrave. Skipton, North Yorkshire, BD23 3SE.
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 year, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
2% on cost
Fixtures & fittings
15% on cost
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SEW Properties Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
114,422 
21,803 
136,225 
Disposals
- 
(10,201)
(10,201)
At 31 July 2023
114,422 
11,602 
126,024 
Depreciation
At 1 August 2022
32,942 
25,973 
58,915 
Charge for the year
2,288 
812 
3,100 
On disposals
- 
(10,201)
(10,201)
At 31 July 2023
35,230 
16,584 
51,814 
Net book value
At 31 July 2023
79,192 
(4,982)
74,210 
At 31 July 2022
81,480 
(4,170)
77,310 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,048 
2,928 
Other debtors
9,254 
- 
12,302 
2,928 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,045 
4,416 
Other creditors
500 
500 
Accruals
600 
500 
6,145 
5,416 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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