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Registered Number: 08876602
England and Wales

 

 

 

SUTTON PROPERTY AND BUSINESS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
  2024   2023
    £ £   £ £
Fixed assets   665,470      641,470 
Current assets 31,663      28,918   
Creditors: amount falling due within one year (417,319)     (419,928)  
Net current assets   (385,656)     (391,010)
Total assets less current liabilities   279,814      250,460 
Net assets   279,814      250,460 
 

         
Capital and reserves   279,814      250,460 
 
NOTES TO THE ACCOUNTS

General Information
Sutton Property and Business Limited is a private company, limited by shares, registered in England and Wales, registration number 08876602, registration address Stoney Green Great Salkeld, Salkeld Dykes, Penrith, Cumbria, CA11 9ND.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the going concern and the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).

3.

Directors advances, credits and guarantees

Included in creditors: amounts due within one year, are amounts owed to the Shareholders of £407,987 (2023 - £407,987).


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 22 August 2024 and were signed by:


--------------------------------
Kenneth Sutton
Director
1