IRIS Accounts Production v24.3.0.553 02667641 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026676412023-12-31026676412024-12-31026676412024-01-012024-12-31026676412022-12-31026676412023-01-012023-12-31026676412023-12-3102667641ns15:EnglandWales2024-01-012024-12-3102667641ns14:PoundSterling2024-01-012024-12-3102667641ns10:Director12024-01-012024-12-3102667641ns10:Director22024-01-012024-12-3102667641ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3102667641ns10:SmallEntities2024-01-012024-12-3102667641ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3102667641ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3102667641ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102667641ns10:FullAccounts2024-01-012024-12-3102667641ns10:OrdinaryShareClass12024-01-012024-12-3102667641ns10:Director32024-01-012024-12-3102667641ns10:Director42024-01-012024-12-3102667641ns10:CompanySecretary12024-01-012024-12-3102667641ns10:RegisteredOffice2024-01-012024-12-3102667641ns5:CurrentFinancialInstruments2024-12-3102667641ns5:CurrentFinancialInstruments2023-12-3102667641ns5:ShareCapital2024-12-3102667641ns5:ShareCapital2023-12-3102667641ns5:FurtherSpecificReserve3ComponentTotalEquity2024-12-3102667641ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3102667641ns5:RetainedEarningsAccumulatedLosses2024-12-3102667641ns5:RetainedEarningsAccumulatedLosses2023-12-3102667641ns5:CostValuation2023-12-3102667641ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3102667641ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3102667641ns10:OrdinaryShareClass12024-12-3102667641ns5:RetainedEarningsAccumulatedLosses2023-12-3102667641ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3102667641ns5:RetainedEarningsAccumulatedLosses2024-01-012024-12-31
REGISTERED NUMBER: 02667641 (England and Wales)



































Financial Statements

for the Year Ended 31 December 2024

for

Sandycroft Developments Limited

Sandycroft Developments Limited (Registered number: 02667641)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sandycroft Developments Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A J Lucyk
Mrs P V Dickinson
D Dickinson
Ms D L Wright





SECRETARY: A J Lucyk





REGISTERED OFFICE: Cherry Tree Cottage
School Lane
Onneley
Crewe
Cheshire
CW3 9QN





REGISTERED NUMBER: 02667641 (England and Wales)





ACCOUNTANTS: Paterson Brodie Limited
Chartered Certified Accountants
Cliveden Chambers
Cliveden Place
Longton
Stoke-on-Trent
Staffordshire
ST3 4JB

Sandycroft Developments Limited (Registered number: 02667641)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 45 45
Investment property 5 280,000 225,000
280,045 225,045

CURRENT ASSETS
Properties under the
course of construction 245,027 245,027
Debtors 6 325,176 332,560
Cash at bank 217,895 386,503
788,098 964,090
CREDITORS
Amounts falling due within one year 7 300,046 304,185
NET CURRENT ASSETS 488,052 659,905
TOTAL ASSETS LESS CURRENT
LIABILITIES

768,097

884,950

PROVISIONS FOR LIABILITIES 30,907 17,157
NET ASSETS 737,190 867,793

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 167,534 126,284
Retained earnings 9 569,556 741,409
SHAREHOLDERS' FUNDS 737,190 867,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Sandycroft Developments Limited (Registered number: 02667641)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:




A J Lucyk - Director



D Dickinson - Director


Sandycroft Developments Limited (Registered number: 02667641)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sandycroft Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Sandycroft Developments Limited (Registered number: 02667641)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 45
NET BOOK VALUE
At 31 December 2024 45
At 31 December 2023 45

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 225,000
Revaluations 55,000
At 31 December 2024 280,000
NET BOOK VALUE
At 31 December 2024 280,000
At 31 December 2023 225,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2020 143,441
Valuation in 2024 55,000
Cost 81,559
280,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 819 325
Subsidiary company loan
- Betley Property Limited 319,500 329,500
Prepayments & accrued income 4,857 2,735
325,176 332,560

Sandycroft Developments Limited (Registered number: 02667641)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax 5,989 10,790
Associate company loan - Dickinson & Lucyk
Limited

287,933

287,933
Tenants deposits held 1,965 1,965
Accrued expenses & deferred income 4,159 3,497
300,046 304,185

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2024 741,409 126,284 867,693
Profit for the year 20,147 20,147
Dividends (192,000 ) (192,000 )
Revaluation of investment properties - 55,000 55,000
Deferred tax on revaluations - (13,750 ) (13,750 )
At 31 December 2024 569,556 167,534 737,090