1 May 2024 false No description of principal activity Taxfiler 2024.6 14778399 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14778399 2024-04-30 14778399 2024-05-01 2025-04-30 14778399 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 14778399 business:FilletedAccounts 2024-05-01 2025-04-30 14778399 2025-04-30 14778399 2024-04-30 14778399 core:WithinOneYear 2025-04-30 14778399 core:WithinOneYear 2024-04-30 14778399 core:AfterOneYear 2025-04-30 14778399 core:AfterOneYear 2024-04-30 14778399 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 14778399 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 14778399 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 14778399 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 14778399 core:PreviouslyStatedAmount 2025-04-30 14778399 core:PreviouslyStatedAmount 2024-04-30 14778399 business:SmallEntities 2024-05-01 2025-04-30 14778399 business:Director1 2024-05-01 2025-04-30 14778399 countries:EnglandWales 2024-05-01 2025-04-30 14778399 business:RegisteredOffice 2024-05-01 2025-04-30 14778399 core:LandBuildings 2024-05-01 2025-04-30 14778399 core:LandBuildings 2024-04-30 14778399 core:LandBuildings 2025-04-30 14778399 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Sgl Property Investment Limited Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
307,263
Investment property
5
565,792
-
565,792
307,263
Current assets
Cash at bank and in hand
33,187
107,080
Creditors: amounts falling due within one year
6
(1,232)
(2,432)
Net current assets
31,955
104,648
Total assets less current liabilities
597,747
411,911
Creditors: amounts falling due after more than one year
7
(410,661)
(227,285)
Net assets
187,086
184,626
Capital and reserves
Called up share capital
100
100
Profit and loss account
186,986
184,526
Shareholders' funds
187,086
184,626
For the year ending 30 April 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 9 January 2026 and were signed on its behalf by
Salma Ghania Laidoudi Director Company Registration No. 14778399
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Sgl Property Investment Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Sgl Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 14778399. The registered office is 191 Rochester Way, London, SE3 8AY, 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.
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 were depreciated straight line last year but correctly moved to investment properties in the current year
Land & buildings
2%
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 May 2024
313,213
Transfer to investment property
(307,263)
At 30 April 2025
5,950
Depreciation
At 1 May 2024
5,950
At 30 April 2025
5,950
Net book value
At 30 April 2025
-
At 30 April 2024
307,263
5
Investment property
2025
£
Additions
258,529
Transfers from tangible fixed assets
307,263
At 30 April 2025
565,792
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Sgl Property Investment Limited Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
782
2,432
Accruals
450
-
1,232
2,432
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
410,325
226,915
Other creditors
336
370
410,661
227,285
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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