Sutton Property Holdings Ltd |
Registered number: |
14123446 |
Balance Sheet |
as at 31 May 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
200,000 |
|
|
174,951 |
|
Current assets |
Cash at bank and in hand |
|
|
10,463 |
|
|
1,544 |
|
Creditors: amounts falling due within one year |
4 |
|
(186,077) |
|
|
(180,997) |
|
Net current liabilities |
|
|
|
(175,614) |
|
|
(179,453) |
|
Net assets/(liabilities) |
|
|
|
24,386 |
|
|
(4,502) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
10 |
|
|
10 |
Revaluation reserve |
5 |
|
|
25,049 |
|
|
- |
Profit and loss account |
|
|
|
(673) |
|
|
(4,512) |
|
Shareholders' funds |
|
|
|
24,386 |
|
|
(4,502) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
J Sutton |
Director |
Approved by the board on 23 July 2024 |
|
Sutton Property Holdings Ltd |
Notes to the Accounts |
for the year ended 31 May 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 June 2023 |
174,951 |
|
Surplus on revaluation |
25,049 |
|
At 31 May 2024 |
200,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 May 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2024 |
200,000 |
|
At 31 May 2023 |
174,951 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loans and overdrafts |
125,205 |
|
125,205 |
|
Taxation and social security costs |
76 |
|
- |
|
Other creditors |
60,796 |
|
55,792 |
|
|
|
|
|
|
186,077 |
|
180,997 |
|
|
|
|
|
|
|
|
|
|
5 |
Revaluation reserve |
2024 |
|
2023 |
£ |
£ |
|
|
Gain on revaluation of land and buildings |
25,049 |
|
- |
|
|
At 31 May 2024 |
25,049 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Sutton Property Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
4 Shay Gate |
|
Haworth Road |
|
Wilsden |
|
BD15 0DQ |