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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
Page
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SG Properties (Lincoln) Limited Company Information for the year ended 31 December 2023
Director
STUART GREGORY
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
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SG Properties (Lincoln) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
312,500 
312,500 
Current assets
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)
Capital and reserves
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
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SG Properties (Lincoln) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2023
312,500 
At 31 December 2023
312,500 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
312,500 
At 31 December 2022
312,500 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
205 
205 
Taxes and social security
1,150 
930 
1,355 
1,135 
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 
312,237 
317,973 
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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).
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