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Company Registration No. 15520015 (England and Wales)
Sig Developments Ltd Unaudited accounts for the period from 24 February 2024 to 28 February 2025
Sig Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sig Developments Ltd Company Information for the period from 24 February 2024 to 28 February 2025
Director
Ghufran Khan
Company Number
15520015 (England and Wales)
Registered Office
57 Amberley Street Bradford West Yorkshire BD3 8QZ England
Accountants
Abacus Accounting Services 66 Abbeydale Rd Sheffield S7 1FD
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Sig Developments Ltd Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Tangible assets
4
176,194
Current assets
Cash at bank and in hand
186,430
Creditors: amounts falling due within one year
5
(2,899)
Net current assets
183,531
Total assets less current liabilities
359,725
Creditors: amounts falling due after more than one year
6
(351,117)
Net assets
8,608
Capital and reserves
Called up share capital
2
Profit and loss account
8,606
Shareholders' funds
8,608
For the period ending 28 February 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 18 February 2025 and were signed on its behalf by
Ghufran Khan Director Company Registration No. 15520015
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Sig Developments Ltd Notes to the Accounts for the period from 24 February 2024 to 28 February 2025
1
Statutory information
Sig Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 15520015. The registered office is 57 Amberley Street, Bradford, West Yorkshire, BD3 8QZ, 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 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 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:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 24 February 2024
-
Additions
176,194
At 28 February 2025
176,194
Depreciation
At 28 February 2025
-
Net book value
At 28 February 2025
176,194
5
Creditors: amounts falling due within one year
2025
£
Taxes and social security
2,019
Other creditors
880
2,899
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Sig Developments Ltd Notes to the Accounts for the period from 24 February 2024 to 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
£
Other creditors
123,000
Loans from directors
228,117
351,117
7
Average number of employees
During the period the average number of employees was 0.
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