Registered number
14036217
Sagittarius Properties Ltd
Filleted Accounts
30 April 2024
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
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