IRIS Accounts Production v25.1.4.42 12222360 Board of Directors 1.10.23 30.9.24 30.9.24 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122223602023-09-30122223602024-09-30122223602023-10-012024-09-30122223602022-09-30122223602022-10-012023-09-30122223602023-09-3012222360ns15:EnglandWales2023-10-012024-09-3012222360ns14:PoundSterling2023-10-012024-09-3012222360ns10:Director12023-10-012024-09-3012222360ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012222360ns10:SmallEntities2023-10-012024-09-3012222360ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3012222360ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012222360ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012222360ns10:FullAccounts2023-10-012024-09-3012222360ns10:OrdinaryShareClass12023-10-012024-09-3012222360ns10:Director22023-10-012024-09-3012222360ns10:RegisteredOffice2023-10-012024-09-3012222360ns5:CurrentFinancialInstruments2024-09-3012222360ns5:CurrentFinancialInstruments2023-09-3012222360ns5:ShareCapital2024-09-3012222360ns5:ShareCapital2023-09-3012222360ns5:RevaluationReserve2024-09-3012222360ns5:RevaluationReserve2023-09-3012222360ns5:RetainedEarningsAccumulatedLosses2024-09-3012222360ns5:RetainedEarningsAccumulatedLosses2023-09-3012222360ns5:PlantMachinery2023-09-3012222360ns5:PlantMachinery2023-10-012024-09-3012222360ns5:PlantMachinery2024-09-3012222360ns5:PlantMachinery2023-09-3012222360ns10:OrdinaryShareClass12024-09-3012222360ns5:RevaluationReserve2023-09-30
REGISTERED NUMBER: 12222360 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Sandy Bottoms Ltd

Sandy Bottoms Ltd (Registered number: 12222360)






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

Chartered Accountants' Report 7

Sandy Bottoms Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: M Butterworth
Mrs J Butterworth





REGISTERED OFFICE: 100 High Ash Drive
Leeds
West Yorkshire
LS17 8RE





REGISTERED NUMBER: 12222360 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

Sandy Bottoms Ltd (Registered number: 12222360)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,098 12,467
Investment property 5 450,000 450,000
467,098 462,467

CURRENT ASSETS
Cash at bank 31,632 41,968

CREDITORS
Amounts falling due within one year 6 342,100 356,057
NET CURRENT LIABILITIES (310,468 ) (314,089 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,630

148,378

PROVISIONS FOR LIABILITIES 36,690 36,690
NET ASSETS 119,940 111,688

CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 99,071 99,071
Retained earnings 20,769 12,517
SHAREHOLDERS' FUNDS 119,940 111,688

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 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.

Sandy Bottoms Ltd (Registered number: 12222360)

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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





M Butterworth - Director


Sandy Bottoms Ltd (Registered number: 12222360)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Sandy Bottoms Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
In accordance with Statement of Standard Accounting Practice No 19, some of the company's properties are held for long term investment and are included in the balance sheet at their open market values. The surplus or deficit on annual revaluation of such properties is transferred to the investment property revaluation reserve.

Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are not amortised. This represents a departure from the Financial Reporting Standard for Smaller Entities, which requires depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the Financial Statements may give a true and fair view because current values and changes in values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the annual valuation and the amount, which might otherwise have been shown, cannot be separately identified or quantified.

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 balance sheet date.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Sandy Bottoms Ltd (Registered number: 12222360)

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 17,255
Additions 8,986
At 30 September 2024 26,241
DEPRECIATION
At 1 October 2023 4,788
Charge for year 4,355
At 30 September 2024 9,143
NET BOOK VALUE
At 30 September 2024 17,098
At 30 September 2023 12,467

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 450,000
NET BOOK VALUE
At 30 September 2024 450,000
At 30 September 2023 450,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2022 132,095
Cost 317,905
450,000

If investment property had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 317,905 317,905

Investment property was valued on an open market basis on 30 September 2023 by the directors .

Sandy Bottoms Ltd (Registered number: 12222360)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 1,084 2,173
Other creditors 341,016 353,884
342,100 356,057

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Share capital 1 £1 100 100

8. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 99,071

The transfer between reserves represents the reclassification of investment property valuation gains and losses (net of associated deferred tax) into an other reserve, on the basis that the net valuation gains are not available for distribution to the shareholders.

Revaluations £132,095 less deferred tax £33,024, non-distributable reserve £99,071.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount of £339,322 (2023 - £349,876) owed to directors. This loan is interest free and repayable on demand.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Sandy Bottoms Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sandy Bottoms Ltd for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sandy Bottoms Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sandy Bottoms Ltd and state those matters that we have agreed to state to the Board of Directors of Sandy Bottoms Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sandy Bottoms Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sandy Bottoms Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sandy Bottoms Ltd. You consider that Sandy Bottoms Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sandy Bottoms Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE


Date: .............................................