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Company Registration No. SC655012 (Scotland)
Sandro Properties Ltd Unaudited accounts for the year ended 29 February 2024
Sandro Properties Ltd Unaudited accounts Contents
Page
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Sandro Properties Ltd Company Information for the year ended 29 February 2024
Director
Sandra Watt
Company Number
SC655012 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Sandro Properties Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
300,000 
227,500 
Current assets
Cash at bank and in hand
5,146 
7,690 
Creditors: amounts falling due within one year
(277,871)
(220,954)
Net current liabilities
(272,725)
(213,264)
Net assets
27,275 
14,236 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,175 
14,136 
Shareholders' funds
27,275 
14,236 
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 her 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 16 September 2024 and were signed on its behalf by
Sandra Watt Director Company Registration No. SC655012
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Sandro Properties Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Sandro Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC655012. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
227,500 
Additions
72,500 
At 29 February 2024
300,000 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
300,000 
At 28 February 2023
227,500 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
204 
- 
Taxes and social security
3,058 
2,874 
Other creditors
850 
850 
Loans from directors
273,759 
217,230 
277,871 
220,954 
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Sandro Properties Ltd Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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