Sapsford House Freehold Company Limited 12193375 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is that of a residents management company. Digita Accounts Production Advanced 6.30.9574.0 true true 12193375 2022-10-01 2023-09-30 12193375 2023-09-30 12193375 core:RetainedEarningsAccumulatedLosses 2023-09-30 12193375 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 12193375 core:LandBuildings 2023-09-30 12193375 bus:SmallEntities 2022-10-01 2023-09-30 12193375 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 12193375 bus:FullAccounts 2022-10-01 2023-09-30 12193375 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12193375 bus:RegisteredOffice 2022-10-01 2023-09-30 12193375 bus:Director4 2022-10-01 2023-09-30 12193375 bus:CompanyLimitedByGuarantee 2022-10-01 2023-09-30 12193375 countries:EnglandWales 2022-10-01 2023-09-30 12193375 2022-09-30 12193375 core:LandBuildings 2022-09-30 12193375 2021-10-01 2022-09-30 12193375 2022-09-30 12193375 core:RetainedEarningsAccumulatedLosses 2022-09-30 12193375 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 12193375 core:LandBuildings 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 12193375

Sapsford House Freehold Company Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2023

 

Sapsford House Freehold Company Limited

(Registration number: 12193375)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

47,100

47,100

Creditors: Amounts falling due within one year

5

(55,047)

(54,471)

Net liabilities

 

(7,947)

(7,371)

Reserves

 

Retained earnings

(7,947)

(7,371)

Deficit

 

(7,947)

(7,371)

For the financial year ending 30 September 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 year 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Approved and authorised by the Board on 24 May 2024 and signed on its behalf by:
 

.........................................
Mr L D Marshall
Director

 

Sapsford House Freehold Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
Sapsford House
Beacon Avenue
Kings Hill
West Malling
Kent
ME19 4LU

These financial statements were authorised for issue by the Board on 24 May 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are initially stated in the balance sheet at cost, and are subsequently revalued at fair value under the revaluation model.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Sapsford House Freehold Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 October 2022

47,100

47,100

At 30 September 2023

47,100

47,100

Depreciation

Carrying amount

At 30 September 2023

47,100

47,100

At 30 September 2022

47,100

47,100

Included within the net book value of land and buildings above is £47,100 (2022 - £47,100) in respect of freehold land and buildings.
 

5

Creditors

2023
£

2022
£

Due within one year

Other creditors

55,047

54,471