Company Registration No. 11777217 (England and Wales)
SGR Properties & Letting Ltd
Unaudited accounts
for the year ended 31 March 2025
SGR Properties & Letting Ltd
Unaudited accounts
Contents
SGR Properties & Letting Ltd
Company Information
for the year ended 31 March 2025
Company Number
11777217 (England and Wales)
Registered Office
2 Drewton Avenue
Heysham
Lancashire
LA3 1NU
England
Accountants
Meta Tax Limited
33 Princes Crescent
Bare
Morecambe
LA4 6BY
SGR Properties & Letting Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
365,096
268,197
Cash at bank and in hand
2,008
744
Creditors: amounts falling due within one year
(104,792)
(89,979)
Net current liabilities
(102,633)
(89,077)
Total assets less current liabilities
262,463
179,120
Creditors: amounts falling due after more than one year
(279,300)
(191,716)
Net liabilities
(16,837)
(12,596)
Called up share capital
1
1
Profit and loss account
(16,838)
(12,597)
Shareholders' funds
(16,837)
(12,596)
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 director acknowledges his 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 and authorised for issue on 30 November 2025 and were signed on its behalf by
Mr S G Rae
Director
Company Registration No. 11777217
SGR Properties & Letting Ltd
Notes to the Accounts
for the year ended 31 March 2025
SGR Properties & Letting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11777217. The registered office is 2 Drewton Avenue, Heysham, Lancashire, LA3 1NU, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
not depreciated
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
Accrued income and prepayments
151
158
SGR Properties & Letting 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
17,801
10,751
Amounts owed to group undertakings and other participating interests
2,761
2,450
Loans from directors
84,230
76,778
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
278,350
190,716
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).