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REGISTERED NUMBER: 11928585 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

SUTTON INVESTMENTS LIMITED

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUTTON INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: R L Sutton
Miss H E Sutton
Mrs C E Sutton





REGISTERED OFFICE: Bardney Hall
Whitecross Street
Barton-Upon-Humber
DN18 5DF





REGISTERED NUMBER: 11928585 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 886,003 904,920
Investments 5 3 3
886,006 904,923

CURRENT ASSETS
Debtors 6 337,331 328,658
Prepayments and accrued income 6,548 6,548
Cash at bank 3,198 267
347,077 335,473
CREDITORS
Amounts falling due within one year 7 953,371 950,314
NET CURRENT LIABILITIES (606,294 ) (614,841 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,712

290,082

CREDITORS
Amounts falling due after more than one year 8 293,263 303,332
NET LIABILITIES (13,551 ) (13,250 )

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Retained earnings (25,551 ) (25,250 )
SHAREHOLDERS' FUNDS (13,551 ) (13,250 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

BALANCE SHEET - continued
30 April 2024


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 20 January 2025 and were signed on its behalf by:





R L Sutton - Director


SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Sutton Investments Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Bardney Hall, Whitecross Street, Barton-Upon-Humber DN18 5DF.

The principal activity of the company is Buying and selling of own real estate.

The presentational currency of the financial statements is 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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 10% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 956,074 11,354 967,428
DEPRECIATION
At 1 May 2023 60,750 1,758 62,508
Charge for year 17,781 1,136 18,917
At 30 April 2024 78,531 2,894 81,425
NET BOOK VALUE
At 30 April 2024 877,543 8,460 886,003
At 30 April 2023 895,324 9,596 904,920

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 3
NET BOOK VALUE
At 30 April 2024 3
At 30 April 2023 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 42,331 33,658
Amounts owed by associates 295,000 295,000
337,331 328,658

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,145 8,492
Amounts owed to associates 88,012 88,012
Taxation and social security 5,030 3,999
Other creditors 850,184 849,811
953,371 950,314

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 293,263 303,332

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 252,682 269,363

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 303,408 311,824

The bank loans are secured over the properties in which they relate.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed its directors £ 848,799 (2023 - £848,549). The loan is free from interest and repayable on demand.Although the loan is repayable on demand the directors have given their assurances that they will not demand repayment until there is sufficient available funds.

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed by related company Orchard Lea Limited £295,000 (2023 - £295,000).

At the balance sheet date the company was owed by related company Bardney Hall Limited £42,331 (2023 owed by Bardney Hall £33,658).

At the balance sheet date the company owed to a related company RLS Technical Services Ltd £88,102 (2023 - £88,102).

SUTTON INVESTMENTS LIMITED (REGISTERED NUMBER: 11928585)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


12. GENERAL INFORMATION

Sutton Investments Limited has taken the option under Section 399 of the Companies Act 2006 to not prepare consolidated financial statements.