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
Sapling Properties Group Ltd
Statement of financial position
as at 31 August 2024
Investment property
110,000
100,000
Cash at bank and in hand
13,797
22,036
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)
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
Sapling Properties Group Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
Fair value at 1 September 2023
100,000
Net gain from fair value adjustments
10,000
Amounts falling due within one year
Accrued income and prepayments
-
1,074
Other debtors
64,570
78,050
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
142
4,415
Other creditors
66,279
84,218
7
Creditors: amounts falling due after more than one year
2024
2023
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).