Company Registration No. 11250463 (England and Wales)
SANGORA PROPERTY PARTNERS LTD
Unaudited accounts
for the year ended 31 March 2025
SANGORA PROPERTY PARTNERS LTD
Statement of financial position
as at 31 March 2025
Investment property
373,396
373,396
Cash at bank and in hand
2,441
1,941
Creditors: amounts falling due within one year
(544)
(701)
Net current assets
1,897
1,240
Total assets less current liabilities
375,293
374,636
Creditors: amounts falling due after more than one year
(387,171)
(379,400)
Net liabilities
(11,878)
(4,764)
Called up share capital
1
1
Profit and loss account
(11,879)
(4,765)
Shareholders' funds
(11,878)
(4,764)
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 her 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 December 2025 and were signed on its behalf by
Lisa Ellen Catherine Duffin
Director
Company Registration No. 11250463
SANGORA PROPERTY PARTNERS LTD
Notes to the Accounts
for the year ended 31 March 2025
SANGORA PROPERTY PARTNERS LTD is a private company, limited by shares, registered in England and Wales, registration number 11250463. The registered office is Kemp House , 160 City Road, London, EC1V 2NX, 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.
Turnover is measured at the fair value of rent due for the period.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2024
373,396
5
Creditors: amounts falling due within one year
2025
2024
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
245,891
242,878
Loans from directors
141,280
136,522
The bank loans are secured against the investment properties.
SANGORA PROPERTY PARTNERS LTD
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).