Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsefalsetrue2023-02-072 14645168 2023-02-06 14645168 2023-02-07 2024-03-31 14645168 2022-04-01 2023-02-06 14645168 2024-03-31 14645168 c:Director1 2023-02-07 2024-03-31 14645168 d:CurrentFinancialInstruments 2024-03-31 14645168 d:Non-currentFinancialInstruments 2024-03-31 14645168 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14645168 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 14645168 d:ShareCapital 2024-03-31 14645168 d:RetainedEarningsAccumulatedLosses 2024-03-31 14645168 c:FRS102 2023-02-07 2024-03-31 14645168 c:AuditExempt-NoAccountantsReport 2023-02-07 2024-03-31 14645168 c:FullAccounts 2023-02-07 2024-03-31 14645168 c:PrivateLimitedCompanyLtd 2023-02-07 2024-03-31 14645168 6 2023-02-07 2024-03-31 14645168 e:PoundSterling 2023-02-07 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14645168









SF&T PROPERTIES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SF&T PROPERTIES LTD
REGISTERED NUMBER: 14645168

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Investments
  
232,188

  
232,188

Current assets
  

Cash at bank and in hand
  
1,812

  
1,812

Creditors: amounts falling due within one year
  
(90,610)

Net current (liabilities)/assets
  
 
 
(88,798)

Total assets less current liabilities
  
143,390

Creditors: amounts falling due after more than one year
  
(153,504)

  

Net (liabilities)/assets
  
(10,114)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(10,214)

  
(10,114)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 November 2024.




Page 1

 
SF&T PROPERTIES LTD
REGISTERED NUMBER: 14645168
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

Mr Wasif A Ansari
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SF&T PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

SF&T Properties Ltd is a private company, limited by share capital, incorporated in England and Wales
under registration number 14645168. The address of the registered office of the company is situated at
Level 5a Maple House, 149 Tottenham Court Road, London, W1T 7NF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the assumption that the company will have the continued financial support of the shareholders. The shareholders of the company have sufficient resources to finance the company as and when the need arises.
The financial statements have been prepared on a going concern basis which is dependent on the financial support of the shareholders to ensure that the company will continue in operational existence or the foreseeable future.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
SF&T PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Employees
2

Page 4

 
SF&T PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Fixed asset investments





Investment
property

£



Cost or valuation


Additions
232,188



At 31 March 2024
232,188




In the opinion of the directors', the aggregate open market value of the property owned by the company
at the year end is £232,188 the value shown in the accounts.


5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
1,812

1,812



6.


Creditors: Amounts falling due within one year

2024
£

Bank loan
12,198

Directors' loan account
487

Amount due to associated company
76,425

Accruals and deferred income
1,500

90,610


The bank loans are secured by a fixed and floating charge over the assets of the company.

Page 5

 
SF&T PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due after more than one year

2024
£

Bank loan
153,504

153,504


The bank loans are secured by a fixed and floating charge over the assets of the company.


8.


Controlling party

The company was under the control of the directors Mr Wasif A Ansari (50% share) and Mrs Shazia
Ansari (50% share), by virtue of the fact that between them they own 100% of the issued share capital.
 
Page 6