70/72 Sandy Lane Limited 13341409 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is that of an investment company Digita Accounts Production Advanced 6.30.9574.0 true 13341409 2023-05-01 2024-04-30 13341409 2024-04-30 13341409 bus:OrdinaryShareClass1 2024-04-30 13341409 bus:OrdinaryShareClass2 2024-04-30 13341409 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 13341409 core:LandBuildings 2024-04-30 13341409 bus:SmallEntities 2023-05-01 2024-04-30 13341409 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13341409 bus:FullAccounts 2023-05-01 2024-04-30 13341409 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13341409 bus:RegisteredOffice 2023-05-01 2024-04-30 13341409 bus:Director1 2023-05-01 2024-04-30 13341409 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 13341409 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 13341409 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13341409 core:Land 2023-05-01 2024-04-30 13341409 countries:AllCountries 2023-05-01 2024-04-30 13341409 2023-04-30 13341409 core:LandBuildings 2023-04-30 13341409 2022-05-01 2023-04-30 13341409 2023-04-30 13341409 bus:OrdinaryShareClass1 2023-04-30 13341409 bus:OrdinaryShareClass2 2023-04-30 13341409 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 13341409 core:LandBuildings 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13341409

70/72 Sandy Lane Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

70/72 Sandy Lane Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

70/72 Sandy Lane Limited

Company Information

Director

Mr M Bryant

Registered office

C/o BDK Accountants LTD
24 Scotts Road
Bromley
Kent
BR1 3QD

Accountants

Mr Mark Bryant
70 Sandy Lane
Cheam
Surrey
SM2 7EP

 

70/72 Sandy Lane Limited

(Registration number: 13341409)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed Assets

 

Tangible Assets

4

150,000

150,000

Creditors: Amounts falling due within one year

5

(222,613)

(221,965)

Net liabilities

 

(72,613)

(71,965)

Capital and Reserves

 

Called up share capital

6

200

200

Retained Earnings

(72,813)

(72,165)

Shareholders' deficit

 

(72,613)

(71,965)

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 January 2025
 

.........................................
Mr M Bryant
Director

 

70/72 Sandy Lane Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
C/o BDK Accountants LTD
24 Scotts Road
Bromley
Kent
BR1 3QD
England

These financial statements were authorised for issue by the director on 31 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Land

Not provided for

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

70/72 Sandy Lane Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible Assets

Land and buildings
£

Total
£

Cost or valuation

At 1 May 2023

150,000

150,000

At 30 April 2024

150,000

150,000

Depreciation

Carrying amount

At 30 April 2024

150,000

150,000

At 30 April 2023

150,000

150,000

Included within the net book value of land and buildings above is £150,000 (2023 - £150,000) in respect of freehold land and buildings.
 

 

70/72 Sandy Lane Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,446

798

Other creditors

221,167

221,167

222,613

221,965

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary Class A of £1 each

100

100

100

100

Ordinary Class B of £1 each

100

100

100

100

 

200

200

200

200