Sail Lofts Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13039269 (England and Wales)

Sail Lofts Management Limited

Unaudited Financial Statements

for the Period 1st January 2024 to 27th April 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

R J Clark

Mrs E H Davies

REGISTERED OFFICE:

7 Sail Lofts

Porthmeor Road

St Ives

Cornwall

TR26 1GB

REGISTERED NUMBER:

13039269 (England and Wales)

ACCOUNTANTS:

Hodgsons

Chartered Accountants

48 Arwenack Street

Falmouth

Cornwall

TR11 3JH

CURRENT ASSETS

Debtors

4

12

TOTAL ASSETS LESS CURRENT
LIABILITIES

12

CAPITAL AND RESERVES

Called up share capital

12

SHAREHOLDERS' FUNDS

12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27th April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 27th April 2025 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.

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 4th September 2025 and were signed on its behalf by:

R J Clark - Director

1.	STATUTORY INFORMATION

Sail Lofts Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The company was dormant throughout the current period and previous year.

Taxation

Taxation for the period 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 period 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 period was NIL (2023 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Other debtors

12

5.	CHANGE IN THE REPORTING PERIOD

These financial statements have been prepared for a sixteen month period to 27th April 2025. This has been done to align the accounting year end with the parent company. This means that the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.