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REGISTERED NUMBER: 02479266 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Augusta Properties Limited

Augusta Properties Limited (Registered number: 02479266)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Augusta Properties Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: P A Hendy
Mrs S M Hendy





SECRETARY: P A Hendy





REGISTERED OFFICE: 9 Lawson Grove
Plymouth
Devon
PL9 7QJ





REGISTERED NUMBER: 02479266 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Augusta Properties Limited (Registered number: 02479266)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 167 197

CURRENT ASSETS
Stocks 480,359 480,359
Debtors 4 121,809 89,053
Cash at bank and in hand 5,308 6,027
607,476 575,439
CREDITORS
Amounts falling due within one year 5 (288,034 ) (287,592 )
NET CURRENT ASSETS 319,442 287,847
TOTAL ASSETS LESS CURRENT LIABILITIES 319,609 288,044

PROVISIONS FOR LIABILITIES (61 ) (61 )
NET ASSETS 319,548 287,983

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 319,446 287,881
319,548 287,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Augusta Properties Limited (Registered number: 02479266)

Balance Sheet - continued
31st March 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 19th March 2025 and were signed on its behalf by:





P A Hendy - Director


Augusta Properties Limited (Registered number: 02479266)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. 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.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Augusta Properties Limited (Registered number: 02479266)

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

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023
and 31st March 2024 509
DEPRECIATION
At 1st April 2023 312
Charge for year 30
At 31st March 2024 342
NET BOOK VALUE
At 31st March 2024 167
At 31st March 2023 197

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 121,809 89,053

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 7,825 10,546
Other creditors 280,209 277,046
288,034 287,592

6. RELATED PARTY DISCLOSURES

At the year end, Augusta Properties Limited owed £5,700 (2023: £5,700) to Colebrook Holdings Limited, an entity over which the director has control. This balance is included within other creditors (note 5).