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REGISTERED NUMBER: 04526538 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

SFR Developments Limited

SFR Developments Limited (Registered number: 04526538)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SFR Developments Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: F J Safar
Z M P Safar
L Safar





SECRETARY: Mrs R Safar





REGISTERED OFFICE: 54 Evans Road
Venture Point
Speke
Liverpool
L24 9PB





REGISTERED NUMBER: 04526538 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

SFR Developments Limited (Registered number: 04526538)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 81 95

CURRENT ASSETS
Stocks 707,723 707,723
Cash at bank 317 406
708,040 708,129
CREDITORS
Amounts falling due within one year 5 187,816 186,816
NET CURRENT ASSETS 520,224 521,313
TOTAL ASSETS LESS CURRENT
LIABILITIES

520,305

521,408

CREDITORS
Amounts falling due after more than one
year

6

1,000

1,000
NET ASSETS 519,305 520,408

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 519,303 520,406
SHAREHOLDERS' FUNDS 519,305 520,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SFR Developments Limited (Registered number: 04526538)

Balance Sheet - continued
30 June 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 25 March 2025 and were signed on its behalf by:





Z M P Safar - Director


SFR Developments Limited (Registered number: 04526538)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SFR 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.

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
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern
The financial statements have been prepared on a going concern basis and the company has the full support of its directors.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus the adoption of the going concern basis for the preparation of the financial statements.

3. EMPLOYEES AND DIRECTORS

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

SFR Developments Limited (Registered number: 04526538)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 July 2023
and 30 June 2024 2,070
DEPRECIATION
At 1 July 2023 1,975
Charge for year 14
At 30 June 2024 1,989
NET BOOK VALUE
At 30 June 2024 81
At 30 June 2023 95

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Trade creditors 10,111 10,111
Taxation and social security 3,826 3,826
Other creditors 173,879 172,879
187,816 186,816

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£ £
Trade creditors 1,000 1,000

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who together own the entire issued share capital.