Company Registration No. 13035837 (England and Wales)
SAM ALEXANDER PROPERTIES LTD
unaudited financial statements
for the year ended 30 November 2023
SAM ALEXANDER PROPERTIES LTD
unaudited financial statements
Contents
SAM ALEXANDER PROPERTIES LTD
Company Information
for the year ended 30 November 2023
Company Number
13035837 (England and Wales)
Registered Office
131 STONEGATE ROAD
LEEDS
LS6 4PQ
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
SAM ALEXANDER PROPERTIES LTD
for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SAM ALEXANDER PROPERTIES LTD for the year ended
30 November 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
29 November 2024
SAM ALEXANDER PROPERTIES LTD
Statement of financial position
as at 30 November 2023
Tangible assets
42,294
56,392
Cash at bank and in hand
45,192
5,626
Creditors: amounts falling due within one year
(85,424)
(62,195)
Net current liabilities
(34,383)
(53,085)
Called up share capital
100
100
Profit and loss account
7,811
3,207
Shareholders' funds
7,911
3,307
For the year ending 30 November 2023 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 his 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 29 November 2024 and were signed on its behalf by
Saeed Bozorgi
Director
Company Registration No. 13035837
SAM ALEXANDER PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
SAM ALEXANDER PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13035837. The registered office is 131 STONEGATE ROAD, LEEDS, LS6 4PQ, ENGLAND.
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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Buying and selling of own real estate , other letting and operating of own or leased real estate and, management of real estate on a fee or contract basis
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:
Motor vehicles
20% diminishing balance method.
SAM ALEXANDER PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Motor vehicles
At 30 November 2023
70,490
Charge for the year
14,098
At 30 November 2023
28,196
At 30 November 2023
42,294
At 30 November 2022
56,392
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,237
-
Proposed dividends
-
12,062
Loans from directors
83,077
49,773
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).