Registered number
14123446
Sutton Property Holdings Ltd
Filleted Accounts
31 May 2024
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
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