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Company Registration No. 07092573 (England and Wales)
SFP Property and Estate Management Ltd Unaudited accounts for the year ended 29 February 2024
SFP Property and Estate Management Ltd Unaudited accounts Contents
Page
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SFP Property and Estate Management Ltd Company Information for the year ended 29 February 2024
Director
Eloise Geddes
Company Number
07092573 (England and Wales)
Registered Office
Shire Park 2 Falcon Gate Welwyn Garden City England AL7 1TW
Accountants
McCabe Accounting Limited 51 Brixham Close Stevenage SG1 2RZ
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SFP Property and Estate Management Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,014 
1,982 
Current assets
Debtors
49,450 
16,342 
Cash at bank and in hand
10,330 
28,227 
59,780 
44,569 
Creditors: amounts falling due within one year
(114,170)
(46,255)
Net current liabilities
(54,390)
(1,686)
Net (liabilities)/assets
(52,376)
296 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(52,377)
295 
Shareholders' funds
(52,376)
296 
For the year ending 29 February 2024 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 14 October 2024 and were signed on its behalf by
Eloise Geddes Director Company Registration No. 07092573
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SFP Property and Estate Management Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SFP Property and Estate Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 07092573. The registered office is Shire Park, 2 Falcon Gate, Welwyn Garden City, England, AL7 1TW.
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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are presented in British Pound Sterling (£) which is also the functional currency for the company.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight line
Computer equipment
20% Straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
2,013 
599 
2,612 
Additions
266 
428 
694 
At 29 February 2024
2,279 
1,027 
3,306 
Depreciation
At 1 March 2023
403 
227 
630 
Charge for the year
456 
206 
662 
At 29 February 2024
859 
433 
1,292 
Net book value
At 29 February 2024
1,420 
594 
2,014 
At 28 February 2023
1,610 
372 
1,982 
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SFP Property and Estate Management Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,941 
13,951 
Other debtors
12,509 
2,391 
49,450 
16,342 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,889 
3,682 
Trade creditors
34,508 
8,867 
Taxes and social security
4,728 
7,761 
Other creditors
- 
4,410 
Loans from directors
67,045 
668 
Deferred income
- 
20,867 
114,170 
46,255 
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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