REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 6th September 2023 to 30th September 2024 |
for |
SADE DEVELOPMENTS LTD |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915) |
Balance Sheet |
30th September 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
SADE DEVELOPMENTS LTD (REGISTERED NUMBER: 15119915) |
Balance Sheet - continued |
30th September 2024 |
Notes | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Land and buildings | - |
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 |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST OR VALUATION |
Additions |
Revaluations |
At 30th September 2024 |
NET BOOK VALUE |
At 30th September 2024 |
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 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |
8. | RESERVES |
Revaluation |
reserve |
£ |
Revaluation of tangible assets | 73,313 |
At 30th September 2024 |
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: |
£ |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period | ( |
) |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period | ( |
) |