Sagittarius Properties Ltd |
Registered number: |
14036217 |
Balance Sheet |
as at 30 April 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
124,155 |
|
|
- |
|
Current assets |
Debtors |
4 |
|
1,269 |
|
|
100 |
Cash at bank and in hand |
|
|
4,018 |
|
|
- |
|
|
|
5,287 |
|
|
100 |
|
Creditors: amounts falling due within one year |
5 |
|
(53,056) |
|
|
- |
|
Net current (liabilities)/assets |
|
|
|
(47,769) |
|
|
100 |
|
Total assets less current liabilities |
|
|
|
76,386 |
|
|
100 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(84,423) |
|
|
- |
|
|
|
Net (liabilities)/assets |
|
|
|
(8,037) |
|
|
100 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(8,137) |
|
|
- |
|
Shareholders' funds |
|
|
|
(8,037) |
|
|
100 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Patrick Owusu Asare |
Director |
Approved by the board on 5 November 2024 |
|
Sagittarius Properties Ltd |
Notes to the Accounts |
for the year ended 30 April 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. |
|
|
Investment property |
|
Investment property is shown at original cost. Investment property, comprising property held for rental, will be revalued periodically and aggregate surplus or deficit transferred to the revaluation reserve. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
Additions |
124,155 |
|
At 30 April 2024 |
124,155 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 April 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2024 |
124,155 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Other debtors |
1,269 |
|
100 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
53,056 |
|
- |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loans |
84,423 |
|
- |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
Sagittarius Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
32 Recreation Road |
|
Coventry |
|
CV6 7AW |