Company Registration No. 11708523 (England and Wales)
SG Properties (Lincoln) Limited
Unaudited accounts
for the year ended 31 December 2023
SG Properties (Lincoln) Limited
Unaudited accounts
Contents
SG Properties (Lincoln) Limited
Company Information
for the year ended 31 December 2023
Company Number
11708523 (England and Wales)
Registered Office
2 Swaythling Close
Lincoln
Lincolnshire
LN6 3DD
England
Accountants
CST ACCOUNTANCY SERVICES LTD
23 CLIFF AVENUE
NETTLEHAM
LINCOLN
LN2 2PU
SG Properties (Lincoln) Limited
Statement of financial position
as at 31 December 2023
Tangible assets
312,500
312,500
Cash at bank and in hand
23
637
Creditors: amounts falling due within one year
(1,355)
(1,135)
Net current liabilities
(1,332)
(498)
Total assets less current liabilities
311,168
312,002
Creditors: amounts falling due after more than one year
(312,237)
(317,973)
Net liabilities
(1,069)
(5,971)
Called up share capital
1
1
Profit and loss account
(1,070)
(5,972)
Shareholders' funds
(1,069)
(5,971)
For the year ending 31 December 2023 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 30 August 2024 and were signed on its behalf by
STUART GREGORY
Director
Company Registration No. 11708523
SG Properties (Lincoln) Limited
Notes to the Accounts
for the year ended 31 December 2023
SG Properties (Lincoln) Limited is a private company, limited by shares, registered in England and Wales, registration number 11708523. The registered office is 2 Swaythling Close, Lincoln, Lincolnshire, LN6 3DD, England.
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.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
At 31 December 2023
312,500
At 31 December 2023
312,500
At 31 December 2022
312,500
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,150
930
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
234,335
234,335
Taxes and social security
-
564
Loans from directors
77,902
83,074
SG Properties (Lincoln) Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).