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Company Registration No. 10044008 (England and Wales)
Sugarland Properties Ltd Unaudited accounts for the year ended 31 March 2025
Sugarland Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sugarland Properties Ltd Company Information for the year ended 31 March 2025
Directors
Iqbal Ahmed Julia Ahmed
Company Number
10044008 (England and Wales)
Registered Office
70 WESTON PARK LONDON N8 9TD UNITED KINGDOM
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Sugarland Properties Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,455,158
1,455,158
Current assets
Debtors
5
5,654
2,423
Cash at bank and in hand
5,737
13,161
11,391
15,584
Creditors: amounts falling due within one year
6
(180,329)
(179,174)
Net current liabilities
(168,938)
(163,590)
Total assets less current liabilities
1,286,220
1,291,568
Creditors: amounts falling due after more than one year
7
(1,240,295)
(1,254,464)
Net assets
45,925
37,104
Capital and reserves
Called up share capital
100
100
Profit and loss account
45,825
37,004
Shareholders' funds
45,925
37,104
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
Iqbal Ahmed Director Company Registration No. 10044008
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Sugarland Properties Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Sugarland Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10044008. The registered office is 70 WESTON PARK, LONDON, N8 9TD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
At cost
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
1,455,158
At 31 March 2025
1,455,158
Depreciation
At 31 March 2025
-
Net book value
At 31 March 2025
1,455,158
At 31 March 2024
1,455,158
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
5,654
2,423
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Sugarland Properties Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,000
5,000
Taxes and social security
4,013
3,976
Loans from directors
171,316
170,198
180,329
179,174
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
188,775
202,944
Other creditors
1,051,520
1,051,520
1,240,295
1,254,464
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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