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REGISTERED NUMBER: 15119915 (England and Wales)















Unaudited Financial Statements

for the Period 6th September 2023 to 30th September 2024

for

SADE DEVELOPMENTS LTD

SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Contents of the Financial Statements
for the Period 6th September 2023 to 30th September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SADE DEVELOPMENTS LTD

Company Information
for the Period 6th September 2023 to 30th September 2024







DIRECTORS: Mr G H Evans
Mr S R Rayner





REGISTERED OFFICE: Cathedral House
5 Beacon Street
Lichfield
Staffordshire
WS13 7AA





REGISTERED NUMBER: 15119915 (England and Wales)






SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Balance Sheet
30th September 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 320,000

CURRENT ASSETS
Debtors 5 286
Cash at bank 1,480
1,766
CREDITORS
Amounts falling due within one year 6 352
NET CURRENT ASSETS 1,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,414

CREDITORS
Amounts falling due after more than
one year

7

261,958
NET ASSETS 59,456

SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Balance Sheet - continued
30th September 2024

Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100
Revaluation reserve 8 73,313
Retained earnings (13,957 )
SHAREHOLDERS' FUNDS 59,456

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 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.

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 26th March 2025 and were signed on its behalf by:





Mr S R Rayner - Director


SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Notes to the Financial Statements
for the Period 6th September 2023 to 30th September 2024


1. STATUTORY INFORMATION

Sade Developments Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

Taxation
Taxation for the period 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.


SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Notes to the Financial Statements - continued
for the Period 6th September 2023 to 30th September 2024


2. ACCOUNTING POLICIES - continued
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 period 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 period was 1 .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
Additions 246,687
Revaluations 73,313
At 30th September 2024 320,000
NET BOOK VALUE
At 30th September 2024 320,000

Cost or valuation at 30th September 2024 is represented by:

Freehold
property
£   
Valuation in 2024 73,313
Cost 246,687
320,000

SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Notes to the Financial Statements - continued
for the Period 6th September 2023 to 30th September 2024


4. TANGIBLE FIXED ASSETS - continued

If Freehold property had not been revalued it would have been included at the following historical cost:

£   
Cost 246,687

Value of land in freehold land and buildings 320,000

Freehold property was valued on a fair value basis on 30th September 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
£   
Other debtors 286

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
£   
Other creditors 352

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
£   
Other creditors 261,958

8. RESERVES
Revaluation
reserve
£   
Revaluation of tangible assets 73,313

At 30th September 2024 73,313

SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915)

Notes to the Financial Statements - continued
for the Period 6th September 2023 to 30th September 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30th September 2024:

£   
Mr G H Evans
Balance outstanding at start of period -
Amounts repaid (125,294 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (125,294 )

Mr S R Rayner
Balance outstanding at start of period -
Amounts repaid (136,664 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (136,664 )