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Company Registration No. 14713402 (England and Wales)
Staff Power Group Properties Ltd Unaudited accounts for the year ended 31 March 2024
Staff Power Group Properties Ltd Unaudited accounts Contents
Page
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Staff Power Group Properties Ltd Company Information for the year ended 31 March 2024
Directors
Anthony Hudson David Macmillan Sean Lavender
Company Number
14713402 (England and Wales)
Registered Office
Mackies Corner Chambers 106 High Street West Sunderland SR1 1TX England
Accountants
Pearl Accounting Limited Suite 1 116 Ballards Lane Finchley London N3 2DN
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Staff Power Group Properties Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Investment property
138,600 
Current assets
Cash at bank and in hand
9,503 
Creditors: amounts falling due within one year
(12,461)
Net current liabilities
(2,958)
Total assets less current liabilities
135,642 
Creditors: amounts falling due after more than one year
(140,000)
Net liabilities
(4,358)
Capital and reserves
Called up share capital
100 
Profit and loss account
(4,458)
Shareholders' funds
(4,358)
For the year ending 31 March 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 29 January 2025 and were signed on its behalf by
Anthony Hudson Director Company Registration No. 14713402
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Staff Power Group Properties Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Staff Power Group Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14713402. The registered office is Mackies Corner Chambers, 106 High Street West, Sunderland, SR1 1TX, 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 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Additions
138,600 
At 31 March 2024
138,600 
5
Creditors: amounts falling due within one year
2024 
£ 
Other creditors
400 
Loans from directors
11,324 
Accruals
737 
12,461 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
140,000 
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Staff Power Group Properties Ltd Notes to the Accounts for the year ended 31 March 2024
7
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
8
Average number of employees
During the year the average number of employees was 3.
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