Company Registration No. 14038554 (England and Wales)
Sovereign Properties (Sussex) Limited
Unaudited accounts
for the period from 1 May 2023 to 31 March 2024
Sovereign Properties (Sussex) Limited
Unaudited accounts
Contents
Sovereign Properties (Sussex) Limited
Company Information
for the period from 1 May 2023 to 31 March 2024
Directors
Esther Christine Summerfield
Matthew James Summerfield
Company Number
14038554 (England and Wales)
Registered Office
5-6 The Courtyard
East Park
Crawley
RH10 6AG
England
Accountants
Haverfords Accountants Limited
Unit 5-6
The Courtyard
Crawley
RH10 6AG
Sovereign Properties (Sussex) Limited
Statement of financial position
as at 31 March 2024
Investment property
252,078
252,078
Cash at bank and in hand
16,097
8,746
Creditors: amounts falling due within one year
(77,982)
(76,666)
Net current liabilities
(61,885)
(67,920)
Total assets less current liabilities
190,193
184,158
Creditors: amounts falling due after more than one year
(182,720)
(183,003)
Called up share capital
100
100
Profit and loss account
7,373
1,055
Shareholders' funds
7,473
1,155
For the period 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 3 March 2025 and were signed on its behalf by
Matthew James Summerfield
Director
Company Registration No. 14038554
Sovereign Properties (Sussex) Limited
Notes to the Accounts
for the period from 1 May 2023 to 31 March 2024
Sovereign Properties (Sussex) Limited is a private company, limited by shares, registered in England and Wales, registration number 14038554. The registered office is 5-6 The Courtyard, East Park, Crawley, RH10 6AG, 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 period, 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 May 2023
252,078
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,517
-
Loans from directors
76,045
75,953
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
182,720
182,720
Taxes and social security
-
283
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).