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Company Registration No. 11512161 (England and Wales)
Sapling Properties Group Ltd Unaudited accounts for the year ended 31 August 2024
Sapling Properties Group Ltd Unaudited accounts Contents
Page
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Sapling Properties Group Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
110,000 
100,000 
Current assets
Debtors
64,570 
79,124 
Cash at bank and in hand
13,797 
22,036 
78,367 
101,160 
Creditors: amounts falling due within one year
(66,421)
(89,821)
Net current assets
11,946 
11,339 
Total assets less current liabilities
121,946 
111,339 
Creditors: amounts falling due after more than one year
(65,025)
(65,025)
Provisions for liabilities
Deferred tax
(7,863)
(5,963)
Net assets
49,058 
40,351 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
49,056 
40,349 
Shareholders' funds
49,058 
40,351 
For the year ending 31 August 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.
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 27 December 2024 and were signed on its behalf by
Natasha Collier Director Company Registration No. 11512161
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Sapling Properties Group Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Sapling Properties Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11512161. The registered office is Branwell House, Park Lane, Keighley, West Yorkshire, BD21 4QX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
100,000 
Net gain from fair value adjustments
10,000 
At 31 August 2024
110,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,074 
Other debtors
64,570 
78,050 
64,570 
79,124 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,188 
Taxes and social security
142 
4,415 
Other creditors
66,279 
84,218 
66,421 
89,821 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
65,025 
65,025 
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Sapling Properties Group Ltd Notes to the Accounts for the year ended 31 August 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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