Sgl Property Investment Limited
Statement of financial position
as at 30 April 2025
Investment property
565,792
-
Cash at bank and in hand
33,187
107,080
Creditors: amounts falling due within one year
(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
(410,661)
(227,285)
Net assets
187,086
184,626
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
Sgl Property Investment Limited
Notes to the Accounts
for the year ended 30 April 2025
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.
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 were depreciated straight line last year but correctly moved to investment properties in the current year
4
Tangible fixed assets
Land & buildings
Transfer to investment property
(307,263)
Transfers from tangible fixed assets
307,263
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
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
410,325
226,915
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).