Company Registration No. 13150207 (England and Wales)
S & A Capital Investments Limited
Unaudited accounts
for the year ended 31 March 2024
S & A Capital Investments Limited
Unaudited accounts
Contents
S & A Capital Investments Limited
Company Information
for the year ended 31 March 2024
Company Number
13150207 (England and Wales)
Registered Office
125 Snodhurst Avenue
Chatham
Kent
ME5 0TN
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
S & A Capital Investments Limited
Statement of financial position
as at 31 March 2024
Tangible assets
6,852
4,767
Investment property
1,933,195
1,933,195
Cash at bank and in hand
13,277
10,388
Creditors: amounts falling due within one year
(1,961,491)
(1,918,982)
Net current liabilities
(1,930,257)
(1,900,968)
Total assets less current liabilities
9,790
36,994
Provisions for liabilities
Deferred tax
(1,713)
(1,192)
Called up share capital
100
100
Profit and loss account
7,977
35,702
Shareholders' funds
8,077
35,802
For the year ending 31 March 2024 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 8 July 2024 and were signed on its behalf by
SMA Saffet
Director
Company Registration No. 13150207
S & A Capital Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
S & A Capital Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13150207. The registered office is 125 Snodhurst Avenue , Chatham, Kent, ME5 0TN.
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 year, 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.
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:
Plant & machinery
20% reducing balance basis
Fixtures & fittings
20% straight line basis
Computer equipment
20% straight line basis
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
S & A Capital Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
5,486
-
-
5,486
Additions
1,129
279
2,031
3,439
At 31 March 2024
6,615
279
2,031
8,925
At 1 April 2023
719
-
-
719
Charge for the year
1,122
37
195
1,354
At 31 March 2024
1,841
37
195
2,073
At 31 March 2024
4,774
242
1,836
6,852
At 31 March 2023
4,767
-
-
4,767
Fair value at 1 April 2023
1,933,195
At 31 March 2024
1,933,195
Amounts falling due within one year
Amounts due from group undertakings etc.
17,374
6,253
Accrued income and prepayments
583
1,373
7
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,903,050
1,900,426
Taxes and social security
10,898
11,133
Loans from directors
45,298
1,440
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).