Company Registration No. 10918206 (England and Wales)
S&A Estate Management Ltd
Unaudited accounts
for the period from 1 August 2022 to 31 December 2023
S&A Estate Management Ltd
Unaudited accounts
Contents
S&A Estate Management Ltd
Company Information
for the period from 1 August 2022 to 31 December 2023
Director
Savpreet Singh Aulakh
Company Number
10918206 (England and Wales)
Registered Office
Unit 1 Olympus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6RZ
United Kingdom
Accountants
SKN Services Limited
SKN Business Centre
1 Guildford St
Birmingham
B19 2HN
S&A Estate Management Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
4,087,211
2,807,723
Cash at bank and in hand
19,180
3,740
Creditors: amounts falling due within one year
(40,560)
(13,372)
Net current assets/(liabilities)
26,801
(3,314)
Total assets less current liabilities
4,114,012
2,804,409
Creditors: amounts falling due after more than one year
(4,095,084)
(2,840,755)
Net assets/(liabilities)
18,928
(36,346)
Called up share capital
100
100
Profit and loss account
18,828
(36,446)
Shareholders' funds
18,928
(36,346)
For the period ending 31 December 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 30 April 2024 and were signed on its behalf by
Savpreet Singh Aulakh
Director
Company Registration No. 10918206
S&A Estate Management Ltd
Notes to the Accounts
for the period from 1 August 2022 to 31 December 2023
S&A Estate Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 10918206. The registered office is Unit 1 Olympus Court, Olympus Avenue, Warwick, Warwickshire, CV34 6RZ, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Not depreciated
4
Tangible fixed assets
Land & buildings
At 1 August 2022
2,807,723
At 31 December 2023
4,087,211
At 31 December 2023
4,087,211
Amounts falling due within one year
Accrued income and prepayments
735
6,118
S&A Estate Management Ltd
Notes to the Accounts
for the period from 1 August 2022 to 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,101
-
Other creditors
18,976
10,580
Loans from directors
-
929
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
2,225,845
1,864,516
Amounts owed to group undertakings and other participating interests
1,869,239
976,239
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Other debtors include £33,987 owed by the director, this was repaid on 19/04/2024.
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).