ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

SBPE LIMITED - Company Information

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Caseware UK (AP4) 2018.0.196 2018.0.196 2019-12-312019-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseDormantfalse2019-01-01 07871660 2019-01-01 2019-12-31 07871660 2018-01-01 2018-12-31 07871660 2019-12-31 07871660 2018-12-31 07871660 c:Director1 2019-01-01 2019-12-31 07871660 d:CurrentFinancialInstruments 2019-12-31 07871660 d:CurrentFinancialInstruments 2018-12-31 07871660 d:CurrentFinancialInstruments d:WithinOneYear 2019-12-31 07871660 d:CurrentFinancialInstruments d:WithinOneYear 2018-12-31 07871660 d:ShareCapital 2019-12-31 07871660 d:ShareCapital 2018-12-31 07871660 d:RetainedEarningsAccumulatedLosses 2019-12-31 07871660 d:RetainedEarningsAccumulatedLosses 2018-12-31 07871660 c:FRS102 2019-01-01 2019-12-31 07871660 c:AuditExempt-NoAccountantsReport 2019-01-01 2019-12-31 07871660 c:FullAccounts 2019-01-01 2019-12-31 07871660 c:PrivateLimitedCompanyLtd 2019-01-01 2019-12-31 07871660 c:PublicLimitedCompanyPLCNotQuotedOnAnyExchange 2019-01-01 2019-12-31 07871660 2 2019-01-01 2019-12-31 iso4217:GBP xbrli:pure

Registered number: 07871660









SBPE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2019
 
SBPE LIMITED
REGISTERED NUMBER: 07871660

BALANCE SHEET
AS AT 31 DECEMBER 2019

2019
2018
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
17
65

  
17
65

Creditors: amounts falling due within one year
 5 
(19,953)
(19,953)

Net current liabilities
  
 
 
(19,936)
 
 
(19,888)

Total assets less current liabilities
  
(19,936)
(19,888)

  

Net liabilities
  
(19,936)
(19,888)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(19,938)
(19,890)

  
(19,936)
(19,888)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 November 2020.




Mr S D Brown
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
SBPE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

1.


General information

SBPE Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is as follows: Sandyridge Pine Tree Lane, Ivy Hatch, Sevenoaks, Kent, TN15 0NJ. The company's principal activity is that of a dormant company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in the statement of comprehensive income using the effective interest method.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2018 - 2).


4.


Cash and cash equivalents

2019
2018
£
£

Cash at bank and in hand
17
65


Page 2
 
SBPE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

5.


Creditors: Amounts falling due within one year

2019
2018
£
£

Other creditors
19,281
19,281

Accruals and deferred income
672
672

19,953
19,953



6.


Related party transactions

Included within creditors due within one year is a balance owed to a director of £19,281 (2018: £19,281).

 
Page 3