Company Registration No. 10975583 (England and Wales)
Sharp Investment Properties Limited
Unaudited accounts
for the year ended 31 December 2023
Sharp Investment Properties Limited
Unaudited accounts
Contents
Sharp Investment Properties Limited
Company Information
for the year ended 31 December 2023
Directors
Henna Patel
Prasam Patel
Company Number
10975583 (England and Wales)
Registered Office
103 Laithwood Road
London
SW12 9QH
UNITED KINGDOM
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Sharp Investment Properties Limited
Statement of financial position
as at 31 December 2023
Investment property
946,527
946,527
Cash at bank and in hand
50,515
32,330
Creditors: amounts falling due within one year
(1,205,449)
(1,651,969)
Net current liabilities
(878,810)
(907,772)
Called up share capital
200
200
Profit and loss account
67,517
38,555
Shareholders' funds
67,717
38,755
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 directors acknowledge their 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 of Directors and authorised for issue on 22 September 2024 and were signed on its behalf by
Prasam Patel
Director
Company Registration No. 10975583
Sharp Investment Properties Limited
Notes to the Accounts
for the year ended 31 December 2023
Sharp Investment Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10975583. The registered office is 103 Laithwood Road, London, SW12 9QH, UNITED KINGDOM.
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.
Fair value at 1 January 2023
946,527
At 31 December 2023
946,527
Amounts falling due within one year
Other debtors
271,867
711,867
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,481
4,361
Other creditors
1,197,268
1,645,458
Paragon Bank Plc and Charter Court Financial Services Limited have a fixed charge over the investment properties and contains a negative pledge,.
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Average number of employees
During the year the average number of employees was 0 (2022: 0).