IRIS Accounts Production v24.3.0.553 03232092 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032320922023-02-28032320922024-02-29032320922023-03-012024-02-29032320922022-02-28032320922022-03-012023-02-28032320922023-02-2803232092ns15:EnglandWales2023-03-012024-02-2903232092ns14:PoundSterling2023-03-012024-02-2903232092ns10:Director12023-03-012024-02-2903232092ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2903232092ns10:SmallEntities2023-03-012024-02-2903232092ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2903232092ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2903232092ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2903232092ns10:FullAccounts2023-03-012024-02-2903232092ns10:Director22023-03-012024-02-2903232092ns10:CompanySecretary12023-03-012024-02-2903232092ns10:RegisteredOffice2023-03-012024-02-2903232092ns5:CurrentFinancialInstruments2024-02-2903232092ns5:CurrentFinancialInstruments2023-02-2803232092ns5:ShareCapital2024-02-2903232092ns5:ShareCapital2023-02-2803232092ns5:RetainedEarningsAccumulatedLosses2024-02-2903232092ns5:RetainedEarningsAccumulatedLosses2023-02-2803232092ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2903232092ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28032320921ns10:Director12023-02-28032320921ns10:Director12022-02-28032320921ns10:Director12023-03-012024-02-29032320921ns10:Director12022-03-012023-02-28032320921ns10:Director12024-02-29032320921ns10:Director12023-02-28
REGISTERED NUMBER: 03232092 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SANDHURST BUILDERS LIMITED

SANDHURST BUILDERS LIMITED (REGISTERED NUMBER: 03232092)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SANDHURST BUILDERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mrs VH Weafer
Mr NR Weafer





SECRETARY: Mrs VH Weafer





REGISTERED OFFICE: Sunnyfield House
46C Church Street
Billesdon
Leicestershire
LE7 9AE





REGISTERED NUMBER: 03232092 (England and Wales)

SANDHURST BUILDERS LIMITED (REGISTERED NUMBER: 03232092)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 260,000 110,800
Cash at bank 498 502
260,498 111,302
CREDITORS
Amounts falling due within one year 5 157,194 8,862
NET CURRENT ASSETS 103,304 102,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,304

102,440

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 103,204 102,340
SHAREHOLDERS' FUNDS 103,304 102,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





Mr NR Weafer - Director


SANDHURST BUILDERS LIMITED (REGISTERED NUMBER: 03232092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Sandhurst Builders Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents funds received from sales of properties and is recognised on completion. Rental income from properties is recognised for the period to which it relates and is invoiced in advance and adjusted for in deferred income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold land- 0.5% on reducing balance
Plant & machinery- 20% on reducing balance
Fixtures & fittings- 15% on reducing balance
Motor vehicles- 25% on reducing balance
Office equipment- 15% on reducing balance


Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade 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 AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 260,000 110,800

SANDHURST BUILDERS LIMITED (REGISTERED NUMBER: 03232092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 16,278 6,362
Other creditors 140,916 2,500
157,194 8,862

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr NR Weafer
Balance outstanding at start of year 30,800 -
Amounts advanced - 30,800
Amounts repaid (30,800 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 30,800

At the year end, an amount of £138,016 (2023: £NIL) was owing to Mr NR Weafer, a director of the company.

7. RELATED PARTY DISCLOSURES

At the year end, an amount of £260,000 (2023: £80,000) was owed by a related party.