| Registered Number:11141168 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
SFT Estates Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
SFT Estates Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
12,520
18,769
2
485,340
390,255
3
402,775
504,109
| Trade and other receivables |
2,800
105,600
4
23,639
| Cash and cash equivalents |
10,438
116,038
26,439
| Trade and other payables: amounts falling due within one |
| year |
(12,983)
(38,176)
5
13,456
77,862
Net current assets
| Total assets less current liabilities |
480,637
517,565
| Trade and other payables: amounts falling due after more |
| than one year |
(3,750)
-
6
(2,539)
(3,566)
| Provisions for liabilities |
478,098
Net assets
510,249
100
100
39,396
28,115
438,602
482,034
478,098
510,249
Shareholders' funds
| For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 December 2024
SFT Estates Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 02 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
SFT Estates Limited
Notes to the Financial Statements
Statutory Information
| SFT Estates Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 11141168. |
Unit 5 Riverside Business Park
Buxton Road
Bakewell
DE45 1GS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Furniture and Fittings
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. |
| 2. Property, plant and equipment |
Motor Vehicles
25,589
2,089
23,500
23,500
2,089
25,589
| Provision for depreciation and impairment |
6,820
945
5,875
Charge for year
6,249
374
5,875
13,069
1,319
11,750
11,750
770
12,520
17,625
1,144
18,769
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For the year ended 31 December 2024
SFT Estates Limited
Notes to the Financial Statements Continued
| 3. Investments held as fixed assets |
485,340
485,340
105,394
105,394
(211,760)
(211,760)
11,281
11,281
390,255
390,255
390,255
390,255
485,340
485,340
| 4. Trade and other receivables |
2023
2024
5,600
2,800
100,000
-
2,800
105,600
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
| Bank loans and overdraft (secured) |
3,750
2,500
| Taxation and social security |
10,028
8,690
24,398
1,793
38,176
12,983
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
| Bank loans and overdraft (secured) |
-
3,750
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For the year ended 31 December 2024
SFT Estates Limited
Notes to the Financial Statements Continued
| 7. Average number of persons employed |
During the year the average number of employees was 1
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