Company Registration No. 13882388 (England and Wales)
Sagittarius Property Limited
Unaudited accounts
for the period from 1 February 2023 to 31 March 2024
Sagittarius Property Limited
Unaudited accounts
Contents
Sagittarius Property Limited
Company Information
for the period from 1 February 2023 to 31 March 2024
Directors
Gavin Raymond Cox
Vanessa Lyn Cox
Company Number
13882388 (England and Wales)
Registered Office
22 Foxlake Road
Byfleet
West Byfleet
KT14 7PW
United Kingdom
Accountants
Virtue Accounting Limited
53 Warwick Street
Coventry
CV5 6ET
Sagittarius Property Limited
Statement of financial position
as at 31 March 2024
Investment property
167,787
Cash at bank and in hand
1,836
Creditors: amounts falling due within one year
(77,211)
Net current liabilities
(75,375)
Total assets less current liabilities
92,412
Creditors: amounts falling due after more than one year
(96,000)
Called up share capital
100
Profit and loss account
(3,688)
Shareholders' funds
(3,588)
For the period ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by
Gavin Raymond Cox
Director
Company Registration No. 13882388
Sagittarius Property Limited
Notes to the Accounts
for the period from 1 February 2023 to 31 March 2024
Sagittarius Property Limited is a private company, limited by shares, registered in England and Wales, registration number 13882388. The registered office is 22 Foxlake Road, Byfleet, West Byfleet, KT14 7PW, United Kingdom.
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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 been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Movements on directors' loan accounts represent timing differences between amounts owed, and payments made, to directors in respect of expenses, remuneration and dividends.
At the reporting date the amount owed by the company to Mr and Mrs Cox was £77,211, a movement of £77,211 from £nil owed by the company at the beginning of the period.
No interest is charged on balances and no guarantees have been provided by either the company or the directors.
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Average number of employees
During the period the average number of employees was 0.