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
SFP Property and Estate Management Ltd
Company Information
for the year ended 29 February 2024
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
SFP Property and Estate Management Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
2,014
1,982
Cash at bank and in hand
10,330
28,227
Creditors: amounts falling due within one year
(114,170)
(46,255)
Net current liabilities
(54,390)
(1,686)
Net (liabilities)/assets
(52,376)
296
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
SFP Property and Estate Management Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
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
At 29 February 2024
2,279
1,027
3,306
At 1 March 2023
403
227
630
Charge for the year
456
206
662
At 29 February 2024
859
433
1,292
At 29 February 2024
1,420
594
2,014
At 28 February 2023
1,610
372
1,982
SFP Property and Estate Management Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
36,941
13,951
Other debtors
12,509
2,391
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,508
8,867
Taxes and social security
4,728
7,761
Loans from directors
67,045
668
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).