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REGISTERED NUMBER: 10414255 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2022 TO 30 NOVEMBER 2023

FOR

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023







DIRECTOR: Mr S J Baker





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 10414255 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,100 10,800
Tangible assets 5 1,389 1,548
9,489 12,348

CURRENT ASSETS
Debtors 6 107,541 30,628
Cash at bank 70,949 63,649
178,490 94,277
CREDITORS
Amounts falling due within one year 7 62,576 37,056
NET CURRENT ASSETS 115,914 57,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,403

69,569

CREDITORS
Amounts falling due after more than one
year

8

44,786

24,000
NET ASSETS 80,617 45,569

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 80,517 45,469
SHAREHOLDERS' FUNDS 80,617 45,569

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2024 and were signed by:





Mr S J Baker - Director


SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Sensible Property Management (Eastbourne) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 November 2022
and 30 November 2023 27,000
Amortisation
At 1 November 2022 16,200
Amortisation for period 2,700
At 30 November 2023 18,900
Net book value
At 30 November 2023 8,100
At 31 October 2022 10,800

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023


5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1 November 2022 9,974
Additions 1,290
At 30 November 2023 11,264
Depreciation
At 1 November 2022 8,426
Charge for period 1,449
At 30 November 2023 9,875
Net book value
At 30 November 2023 1,389
At 31 October 2022 1,548

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.10.22
£    £   
Trade debtors 3,386 512
Amounts owed by associates 88,269 -
Other debtors 15,886 30,116
107,541 30,628

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.10.22
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 4,339 2,801
Amounts owed to associates 6,900 -
Taxation and social security 38,771 19,280
Other creditors 4,566 6,975
62,576 37,056

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 31.10.22
£    £   
Bank loans 44,786 24,000

SENSIBLE PROPERTY MANAGEMENT
(EASTBOURNE) LIMITED (REGISTERED NUMBER: 10414255)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 31.10.22
value: £    £   
100 Ordinary £1 100 100