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Company Registration No. 3362983 (England and Wales)
Sugarland Limited Unaudited accounts for the year ended 31 May 2024
Sugarland Limited Unaudited accounts Contents
Page
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Sugarland Limited Company Information for the year ended 31 May 2024
Directors
Iqbal Ahmed Julie Ahmed Amir Ahmed
Company Number
3362983 (England and Wales)
Registered Office
70 WESTON PARK LONDON N8 9TD
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Sugarland Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
117,068 
112,975 
Current assets
Debtors
1,055,418 
1,058,646 
Cash at bank and in hand
98,121 
77,036 
1,153,539 
1,135,682 
Creditors: amounts falling due within one year
(195,624)
(211,639)
Net current assets
957,915 
924,043 
Total assets less current liabilities
1,074,983 
1,037,018 
Creditors: amounts falling due after more than one year
(35,359)
(30,729)
Net assets
1,039,624 
1,006,289 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,039,524 
1,006,189 
Shareholders' funds
1,039,624 
1,006,289 
For the year ending 31 May 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 15 November 2024 and were signed on its behalf by
Iqbal Ahmed Director Company Registration No. 3362983
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Sugarland Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Sugarland Limited is a private company, limited by shares, registered in England and Wales, registration number 3362983. The registered office is 70 WESTON PARK, LONDON, N8 9TD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
1,354,409 
138,720 
54,347 
1,547,476 
Additions
43,116 
- 
- 
43,116 
At 31 May 2024
1,397,525 
138,720 
54,347 
1,590,592 
Depreciation
At 1 June 2023
1,253,257 
130,741 
50,503 
1,434,501 
Charge for the year
36,067 
1,995 
961 
39,023 
At 31 May 2024
1,289,324 
132,736 
51,464 
1,473,524 
Net book value
At 31 May 2024
108,201 
5,984 
2,883 
117,068 
At 31 May 2023
101,152 
7,979 
3,844 
112,975 
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Sugarland Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,898 
7,127 
Other debtors
1,051,520 
1,051,519 
1,055,418 
1,058,646 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
VAT
5,835 
5,207 
Trade creditors
- 
67 
Loans from directors
188,039 
194,615 
Accruals
1,750 
1,750 
195,624 
211,639 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,359 
30,729 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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