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REGISTERED NUMBER: 03602940 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

SYCAMORE HOMES (BEDFORD) LIMITED

SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SYCAMORE HOMES (BEDFORD) LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: S Bird





SECRETARY: Mrs J A Bird





REGISTERED OFFICE: The Granary
High Street
Turvey
Bedfordshire
MK43 8DB





REGISTERED NUMBER: 03602940 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17,129 22,839
Investment property 5 2,032,794 2,032,794
2,049,923 2,055,633

CURRENT ASSETS
Stocks 1,123,191 -
Debtors 6 9,722 694
Cash at bank 1,224,218 2,253,847
2,357,131 2,254,541
CREDITORS
Amounts falling due within one year 7 110,226 136,599
NET CURRENT ASSETS 2,246,905 2,117,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,296,828

4,173,575

CREDITORS
Amounts falling due after more than one
year

8

26,945

31,932
NET ASSETS 4,269,883 4,141,643

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,269,881 4,141,641
SHAREHOLDERS' FUNDS 4,269,883 4,141,643

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)

Balance Sheet - continued
30 SEPTEMBER 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 director and authorised for issue on 6 March 2025 and were signed by:





S Bird - Director


SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Sycamore Homes (Bedford) 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 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.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Leasehold property recorded in the accounts is investment property. The properties are recorded at cost which in the Director's opinion is similar to market value at the balance sheet date. As recording the investment property at market value is of prime importance, rather than the systematic recording of annual depreciation, no depreciation is provided.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Land and buildings are treated as investment property. No depreciation is provided in respect of the property. This is in line with FRS 102 (1A).

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 35,960
DEPRECIATION
At 1 October 2023 13,121
Charge for year 5,710
At 30 September 2024 18,831
NET BOOK VALUE
At 30 September 2024 17,129
At 30 September 2023 22,839

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 2,032,794
NET BOOK VALUE
At 30 September 2024 2,032,794
At 30 September 2023 2,032,794

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2022 1,081,021
Cost 951,773
2,032,794

The Director has valued the investment property at £2,032,794 which he considers to be in line with current market value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 9,722 694

SYCAMORE HOMES (BEDFORD) LIMITED (REGISTERED NUMBER: 03602940)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Hire purchase contracts - 13,375
Trade creditors 29,986 43,000
Taxation and social security 71,983 71,638
Other creditors 3,257 3,586
110,226 136,599

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 26,945 31,932

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,945 11,932