2023-04-062024-04-052024-04-05false08721951Sugar Lump Properties Ltd2025-01-02falseiso4217:GBPxbrli:pure087219512023-04-06087219512024-04-05087219512023-04-062024-04-05087219512022-04-06087219512023-04-05087219512022-04-062023-04-0508721951bus:SmallEntities2023-04-062024-04-0508721951bus:AuditExempt-NoAccountantsReport2023-04-062024-04-0508721951bus:FullAccounts2023-04-062024-04-0508721951bus:PrivateLimitedCompanyLtd2023-04-062024-04-0508721951core:WithinOneYear2024-04-0508721951core:AfterOneYear2024-04-0508721951core:WithinOneYear2023-04-0508721951core:AfterOneYear2023-04-0508721951core:ShareCapital2024-04-0508721951core:SharePremium2024-04-0508721951core:RevaluationReserve2024-04-0508721951core:OtherReservesSubtotal2024-04-0508721951core:RetainedEarningsAccumulatedLosses2024-04-0508721951core:ShareCapital2023-04-0508721951core:SharePremium2023-04-0508721951core:RevaluationReserve2023-04-0508721951core:OtherReservesSubtotal2023-04-0508721951core:RetainedEarningsAccumulatedLosses2023-04-0508721951core:LandBuildings2024-04-0508721951core:PlantMachinery2024-04-0508721951core:Vehicles2024-04-0508721951core:FurnitureFittings2024-04-0508721951core:OfficeEquipment2024-04-0508721951core:NetGoodwill2024-04-0508721951core:IntangibleAssetsOtherThanGoodwill2024-04-0508721951core:ListedExchangeTraded2024-04-0508721951core:UnlistedNon-exchangeTraded2024-04-0508721951core:LandBuildings2023-04-0508721951core:PlantMachinery2023-04-0508721951core:Vehicles2023-04-0508721951core:FurnitureFittings2023-04-0508721951core:OfficeEquipment2023-04-0508721951core:NetGoodwill2023-04-0508721951core:IntangibleAssetsOtherThanGoodwill2023-04-0508721951core:ListedExchangeTraded2023-04-0508721951core:UnlistedNon-exchangeTraded2023-04-0508721951core:LandBuildings2023-04-062024-04-0508721951core:PlantMachinery2023-04-062024-04-0508721951core:Vehicles2023-04-062024-04-0508721951core:FurnitureFittings2023-04-062024-04-0508721951core:OfficeEquipment2023-04-062024-04-0508721951core:NetGoodwill2023-04-062024-04-0508721951core:IntangibleAssetsOtherThanGoodwill2023-04-062024-04-0508721951core:ListedExchangeTraded2023-04-062024-04-0508721951core:UnlistedNon-exchangeTraded2023-04-062024-04-0508721951core:MoreThanFiveYears2023-04-062024-04-0508721951core:Non-currentFinancialInstruments2024-04-0508721951core:Non-currentFinancialInstruments2023-04-0508721951dpl:CostSales2023-04-062024-04-0508721951dpl:DistributionCosts2023-04-062024-04-0508721951core:LandBuildings2023-04-062024-04-0508721951core:PlantMachinery2023-04-062024-04-0508721951core:Vehicles2023-04-062024-04-0508721951core:FurnitureFittings2023-04-062024-04-0508721951core:OfficeEquipment2023-04-062024-04-0508721951dpl:AdministrativeExpenses2023-04-062024-04-0508721951core:NetGoodwill2023-04-062024-04-0508721951core:IntangibleAssetsOtherThanGoodwill2023-04-062024-04-0508721951dpl:GroupUndertakings2023-04-062024-04-0508721951dpl:ParticipatingInterests2023-04-062024-04-0508721951dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-062024-04-0508721951core:ListedExchangeTraded2023-04-062024-04-0508721951dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-062024-04-0508721951core:UnlistedNon-exchangeTraded2023-04-062024-04-0508721951dpl:CostSales2022-04-062023-04-0508721951dpl:DistributionCosts2022-04-062023-04-0508721951core:LandBuildings2022-04-062023-04-0508721951core:PlantMachinery2022-04-062023-04-0508721951core:Vehicles2022-04-062023-04-0508721951core:FurnitureFittings2022-04-062023-04-0508721951core:OfficeEquipment2022-04-062023-04-0508721951dpl:AdministrativeExpenses2022-04-062023-04-0508721951core:NetGoodwill2022-04-062023-04-0508721951core:IntangibleAssetsOtherThanGoodwill2022-04-062023-04-0508721951dpl:GroupUndertakings2022-04-062023-04-0508721951dpl:ParticipatingInterests2022-04-062023-04-0508721951dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-062023-04-0508721951core:ListedExchangeTraded2022-04-062023-04-0508721951dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-062023-04-0508721951core:UnlistedNon-exchangeTraded2022-04-062023-04-0508721951core:NetGoodwill2024-04-0508721951core:IntangibleAssetsOtherThanGoodwill2024-04-0508721951core:LandBuildings2024-04-0508721951core:PlantMachinery2024-04-0508721951core:Vehicles2024-04-0508721951core:FurnitureFittings2024-04-0508721951core:OfficeEquipment2024-04-0508721951core:AfterOneYear2024-04-0508721951core:WithinOneYear2024-04-0508721951core:ListedExchangeTraded2024-04-0508721951core:UnlistedNon-exchangeTraded2024-04-0508721951core:ShareCapital2024-04-0508721951core:SharePremium2024-04-0508721951core:RevaluationReserve2024-04-0508721951core:OtherReservesSubtotal2024-04-0508721951core:RetainedEarningsAccumulatedLosses2024-04-0508721951core:NetGoodwill2023-04-0508721951core:IntangibleAssetsOtherThanGoodwill2023-04-0508721951core:LandBuildings2023-04-0508721951core:PlantMachinery2023-04-0508721951core:Vehicles2023-04-0508721951core:FurnitureFittings2023-04-0508721951core:OfficeEquipment2023-04-0508721951core:AfterOneYear2023-04-0508721951core:WithinOneYear2023-04-0508721951core:ListedExchangeTraded2023-04-0508721951core:UnlistedNon-exchangeTraded2023-04-0508721951core:ShareCapital2023-04-0508721951core:SharePremium2023-04-0508721951core:RevaluationReserve2023-04-0508721951core:OtherReservesSubtotal2023-04-0508721951core:RetainedEarningsAccumulatedLosses2023-04-0508721951core:NetGoodwill2022-04-0608721951core:IntangibleAssetsOtherThanGoodwill2022-04-0608721951core:LandBuildings2022-04-0608721951core:PlantMachinery2022-04-0608721951core:Vehicles2022-04-0608721951core:FurnitureFittings2022-04-0608721951core:OfficeEquipment2022-04-0608721951core:AfterOneYear2022-04-0608721951core:WithinOneYear2022-04-0608721951core:ListedExchangeTraded2022-04-0608721951core:UnlistedNon-exchangeTraded2022-04-0608721951core:ShareCapital2022-04-0608721951core:SharePremium2022-04-0608721951core:RevaluationReserve2022-04-0608721951core:OtherReservesSubtotal2022-04-0608721951core:RetainedEarningsAccumulatedLosses2022-04-0608721951core:AfterOneYear2023-04-062024-04-0508721951core:WithinOneYear2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:CostValuation2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-062024-04-0508721951core:Non-currentFinancialInstrumentscore:CostValuation2024-04-0508721951core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-0508721951core:Non-currentFinancialInstrumentscore:CostValuation2023-04-0508721951core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-0508721951core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-0508721951bus:Director12023-04-062024-04-0508721951bus:Director22023-04-062024-04-0508721951bus:Director32023-04-062024-04-0508721951bus:Director42023-04-062024-04-0508721951bus:Director52023-04-062024-04-0508721951core:FurnitureFittingsToolsEquipment2023-04-0508721951core:FurnitureFittingsToolsEquipment2024-04-0508721951core:FurnitureFittingsToolsEquipment2023-04-062024-04-05

Sugar Lump Properties Ltd

Registered Number
08721951
(England and Wales)

Unaudited Financial Statements for the Year ended
5 April 2024

Sugar Lump Properties Ltd
Company Information
for the year from 6 April 2023 to 5 April 2024

Directors

Mr A W Johnstone
Mr J H Johnstone
Mr M A Johnstone
Mrs S E Johnstone
Mr W S Johnstone

Registered Address

Great Blaenawe Farm
Bettws
Abergavenny
NP7 7LG

Registered Number

08721951 (England and Wales)
Sugar Lump Properties Ltd
Balance Sheet as at
5 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,346,6151,347,200
Investments480,08680,086
1,426,7011,427,286
Current assets
Stocks5-295,260
Debtors6690,256686,367
Cash at bank and on hand29,15316,476
719,409998,103
Creditors amounts falling due within one year7(122,035)(2,389,262)
Net current assets (liabilities)597,374(1,391,159)
Total assets less current liabilities2,024,07536,127
Net assets2,024,07536,127
Capital and reserves
Called up share capital22
Profit and loss account2,024,07336,125
Shareholders' funds2,024,07536,127
The financial statements were approved and authorised for issue by the Board of Directors on 2 January 2025, and are signed on its behalf by:
Mr A W Johnstone
Director
Registered Company No. 08721951
Sugar Lump Properties Ltd
Notes to the Financial Statements
for the year ended 5 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land and Buildings - Land - not depreciated, Buildings - 1% on cost. Buildings are not depreciated past the residual value

Straight line (years)
Fixtures and fittings4
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Investment property
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. Where investment property cannot be valued without undue cost or effort the properties are included in property, plant and equipment.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Land & buildings

Fixtures & fittings

Total

£££
Cost or valuation
At 06 April 231,344,8602,3401,347,200
At 05 April 241,344,8602,3401,347,200
Depreciation and impairment
Charge for year-585585
At 05 April 24-585585
Net book value
At 05 April 241,344,8601,7551,346,615
At 05 April 231,344,8602,3401,347,200
4.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 06 April 2380,08680,086
At 05 April 2480,08680,086
Net book value
At 05 April 2480,08680,086
At 05 April 2380,08680,086

Notes

1Investments in group undertakings and participating interests
5.Stocks

2024

2023

££
Work in progress-295,260
Total-295,260
6.Debtors: amounts due within one year

2024

2023

££
Other debtors685,000685,000
Prepayments and accrued income5,2561,367
Total690,256686,367
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,14053
Taxation and social security3,4773,712
Other creditors114,4102,377,631
Accrued liabilities and deferred income3,0087,866
Total122,0352,389,262