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Company Registration No. 10252354 (England and Wales)
Sparrow Hill Properties Ltd Unaudited accounts for the year ended 30 June 2024
Sparrow Hill Properties Ltd Unaudited accounts Contents
Page
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Sparrow Hill Properties Ltd Company Information for the year ended 30 June 2024
Directors
Cherine Marrianne Harrison Bertrand Claude Christian Olie
Company Number
10252354 (England and Wales)
Registered Office
VICTOR HOUSE BARNET ROAD LONDON COLNEY ST. ALBANS AL2 1BJ ENGLAND
Accountants
Trimantic Accountants 1 Victor House Barnet Road London Colney AL2 1BJ
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Sparrow Hill Properties Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
685,500 
672,500 
Current assets
Debtors
775 
- 
Cash at bank and in hand
18,344 
44,081 
19,119 
44,081 
Creditors: amounts falling due within one year
(270,758)
(302,867)
Net current liabilities
(251,639)
(258,786)
Total assets less current liabilities
433,861 
413,714 
Creditors: amounts falling due after more than one year
(154,653)
(158,107)
Net assets
279,208 
255,607 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
224,573 
224,573 
Profit and loss account
54,633 
31,032 
Shareholders' funds
279,208 
255,607 
For the year ending 30 June 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 27 March 2025 and were signed on its behalf by
Cherine Marrianne Harrison Director Company Registration No. 10252354
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Sparrow Hill Properties Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Sparrow Hill Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10252354. The registered office is VICTOR HOUSE BARNET ROAD, LONDON COLNEY, ST. ALBANS, AL2 1BJ, 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.
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.
4
Investment property
2024 
£ 
Fair value at 1 July 2023
672,500 
Net gain from fair value adjustments
13,000 
At 30 June 2024
685,500 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
775 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,854 
8,207 
Trade creditors
2,445 
1,752 
Taxes and social security
2,957 
6,364 
Loans from directors
262,502 
285,959 
Deferred income
- 
585 
270,758 
302,867 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
110,939 
116,863 
Taxes and social security
43,714 
41,244 
154,653 
158,107 
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Sparrow Hill Properties Ltd Notes to the Accounts for the year ended 30 June 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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