ACCOUNTS - Final Accounts preparation

Company Registration Number 11665131

	SANDERS BROW (ARMATHWAITE) LIMITED

	FINANCIAL STATEMENTS

	31 MARCH 2025

SANDERS BROW (ARMATHWAITE) LIMITED

REGISTERED NUMBER: 11665131

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	19,603		19,378
		19,603		19,378
Creditors: amounts falling due within one year	5	(1,000)		-
Net current assets			18,603		19,378
Total assets less current liabilities			18,603		19,378

Net assets			18,603		19,378

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		18,503	19,278
		18,603	19,378

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

N J Gordon

Director

Date: 8 December 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

SANDERS BROW (ARMATHWAITE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Sanders Brow (Armathwaite) Limited's principal activity is that of a housing developer. The company is a private company limited by shares, registered in the United Kingdom. The address of the registered office is Agricola House, Cowper Road, Gilwilly Industrial Estate, Penrith, Cumbria, CA11 9BN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

They are presented in pounds sterling and rounded to the nearest £.

The following principal accounting policies have been applied:

2.2

Going concern

Management and the Directors have considered a period of at least twelve months from the date of
sign off when making their assessment with regards to going concern. After consideration of all
factors, including review of forecasted future profitability, headroom in funding facilities and wider
economic conditions, the Directors have continued to adopt the going concern basis in preparing the
financial statements.

2.3

Finance costs

Finance costs are absorbed into work in progress up to the point that the first property is sold. Following sale of the first property, finance costs are released to profit and loss and all subsequent finance costs are recognised directly within profit and loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

SANDERS BROW (ARMATHWAITE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

Debtors

					2025	2024
					£	£


Amounts owed by participating interests	19,078	19,378
Other debtors	84	-
Deferred taxation	441	-
	19,603	19,378

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Accruals and deferred income	1,000	-

Page 3

SANDERS BROW (ARMATHWAITE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

50 (2024 - 50) A ordinary shares of £1.00 each	50	50
50 (2024 - 50) B ordinary shares of £1.00 each	50	50

	100	100

7.	Controlling party

The company is jointly controlled by Genesis North Holdings Limited and Housing Growth Partnership.

8.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 9 December 2025 by Simon Turner (Senior Statutory Auditor) on behalf of Armstrong Watson Audit Limited.

Page 4