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Registration number: 14133275

Sailmaker Investments Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Sailmaker Investments Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Sailmaker Investments Ltd

Company Information

Directors

Mrs Sarah Cade

Mr Mark Cade

Company secretary

Mrs Sarah Cade

Registered office

Henleaze Business Centre
Harbury Road
Bristol
BS9 4PN

Accountants

Invest Accountancy Ltd 29 Station Road
Nailsea
Avon
BS48 4PD

 

Sailmaker Investments Ltd

(Registration number: 14133275)
Balance Sheet as at 31 May 2024

2024
£

2023
£

Fixed assets

1,547,470

1,260,000

Current assets

1,140

1,570

Prepayments and accrued income

961

749

Creditors: Amounts falling due within one year

(858,190)

(574,833)

Net current liabilities

(856,089)

(572,514)

Total assets less current liabilities

691,381

687,486

Creditors: Amounts falling due after more than one year

(693,023)

(693,000)

Accruals and deferred income

(1,800)

(800)

 

(3,442)

(6,314)

Capital and reserves

(3,442)

(6,314)

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Henleaze Business Centre
Harbury Road
Bristol
BS9 4PN
England

These financial statements were authorised for issue by the Board on 2 May 2025.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

3

Related party transactions

The directors provided an interest free loan to the company to finance the purchases of the investment properties.

A loan of £280,000 is owing to Avon Data Systems Ltd, whos parent company is 100% owned by the directors of Sailmaker Investments. There are no conditions attached to the loan or interest paid.

Transactions with directors

2024

At 1 June 2023
£

Repayments by director
£

At 31 May 2024
£

 

Sailmaker Investments Ltd

(Registration number: 14133275)
Balance Sheet as at 31 May 2024

2023

At 26 May 2022
£

Advances to director
£

At 31 May 2023
£

2024

At 1 June 2023
£

Repayments by director
£

At 31 May 2024
£

Loans from directors

(573,190)

(5,000)

(578,190)

 

2023

At 26 May 2022
£

Advances to director
£

At 31 May 2023
£

Loans from directors

-

(573,190)

(573,190)

 

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 May 2025 and signed on its behalf by:
 

.........................................
Mrs Sarah Cade
Company secretary and director