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REGISTERED NUMBER: 09831440 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2021

for

SDB Projects Limited

SDB Projects Limited (Registered number: 09831440)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


SDB Projects Limited

Company Information
for the Year Ended 31 October 2021







DIRECTOR: Ermir Sefolli





REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW





REGISTERED NUMBER: 09831440 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

SDB Projects Limited (Registered number: 09831440)

Abridged Statement of Financial Position
31 October 2021

2021 2020
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,995 22,603

CURRENT ASSETS
Debtors 541,946 644,119
Cash at bank and in hand 9,319 5,832
551,265 649,951
CREDITORS
Amounts falling due within one year 468,341 456,454
NET CURRENT ASSETS 82,924 193,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,919

216,100

CREDITORS
Amounts falling due after more than one
year

(63,893

)

(66,687

)

PROVISIONS FOR LIABILITIES (1,709 ) (4,295 )
NET ASSETS 26,317 145,118

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 26,217 145,018
SHAREHOLDERS' FUNDS 26,317 145,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 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.

SDB Projects Limited (Registered number: 09831440)

Abridged Statement of Financial Position - continued
31 October 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 October 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 May 2025 and were signed by:





D Sutton - Director


SDB Projects Limited (Registered number: 09831440)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

SDB Projects 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SDB Projects Limited (Registered number: 09831440)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2020 10,610 15,767 28,045 54,422
Disposals - - (5,000 ) (5,000 )
At 31 October 2021 10,610 15,767 23,045 49,422
DEPRECIATION
At 1 November 2020 9,206 10,204 12,409 31,819
Charge for year 1,404 3,942 7,012 12,358
Eliminated on disposal - - (3,750 ) (3,750 )
At 31 October 2021 10,610 14,146 15,671 40,427
NET BOOK VALUE
At 31 October 2021 - 1,621 7,374 8,995
At 31 October 2020 1,404 5,563 15,636 22,603

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2020
and 31 October 2021 23,045
DEPRECIATION
At 1 November 2020 9,909
Charge for year 5,762
At 31 October 2021 15,671
NET BOOK VALUE
At 31 October 2021 7,374
At 31 October 2020 13,136

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary Shares £1 100 100

SDB Projects Limited (Registered number: 09831440)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the sum of £56,151, (2020 - £43,619), is owed by the company to the director, Mr E Sefolli .£56,151 was the maximum amount outstanding during the year. No interest has been paid or accrued on the sum outstanding.

7. RELATED PARTY DISCLOSURES

SDP Real Estate Ltd, a company in which Mr E Sefolli is a director and shareholder. Expenditure settled on behalf of SDB Projects Limited by SDP Real Estate Ltd during the year totalled £38,976 (2020 - £nil). The sum owing by SDP Real Estate Ltd at the Balance Sheet date amounts to £2,790 (2020 - £41,766).

S&R Northants Limited, a company in which Mr E Sefolli, is a director and shareholder.
Funds transferred from S&R Northants Limited, during the year totalled £3,017, (2020 - £3,450). The sum owing to S&R Northants Limited at the Balance Sheet date amounts to £6,467 (2020 - £3,450).