Sugley Maintenance Limited 28/02/2021 iXBRL

Sugley Maintenance Limited 28/02/2021 iXBRL

SUGLEY MAINTENANCE LIMITED - Company Information

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28/02/2021 2021-02-28 false false false false false false false false false false true false false true false false false false false false true false No description of principal activities is disclosed 2020-02-29 Sage Accounts Production 2020 Update 1 - FRS102_2014 xbrli:pure xbrli:shares iso4217:GBP 04757022 2020-02-29 2021-02-28 04757022 2021-02-28 04757022 2020-02-28 04757022 bus:Director3 2020-02-29 2021-02-28 04757022 core:WithinOneYear 2021-02-28 04757022 core:WithinOneYear 2020-02-28 04757022 core:ShareCapital 2021-02-28 04757022 core:ShareCapital 2020-02-28 04757022 core:RetainedEarningsAccumulatedLosses 2021-02-28 04757022 core:RetainedEarningsAccumulatedLosses 2020-02-28 04757022 bus:SmallEntities 2020-02-29 2021-02-28 04757022 bus:AuditExempt-NoAccountantsReport 2020-02-29 2021-02-28 04757022 bus:FullAccounts 2020-02-29 2021-02-28 04757022 bus:SmallCompaniesRegimeForAccounts 2020-02-29 2021-02-28 04757022 bus:PrivateLimitedCompanyLtd 2020-02-29 2021-02-28
Company registration number: 04757022
SUGLEY MAINTENANCE LIMITED
UNAUDITED FILLETED FINANCIAL STATEMENTS
28 February 2021
SUGLEY MAINTENANCE LIMITED
Company number: 04757022
CONTENTS
Statement of financial position
Notes to the financial statements
SUGLEY MAINTENANCE LIMITED
Company number: 04757022
STATEMENT OF FINANCIAL POSITION
AS AT 28TH FEBRUARY 2021
2021 2020
Note £ £ £ £
Current assets
Debtors 5 1,438 1,013
Cash at bank and in hand 4,685 3,342
_______ _______
6,123 4,355
Creditors: amounts falling due
within one year 6 ( 1,680) ( 840)
_______ _______
Net current assets 4,443 3,515
_______ _______
Total assets less current liabilities 4,443 3,515
_______ _______
Net assets 4,443 3,515
_______ _______
Capital and reserves
Called up share capital 12 12
Profit and loss account 4,431 3,503
_______ _______
Shareholders funds 4,443 3,515
_______ _______
For the year ending 28 February 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 16 November 2021 , and are signed on behalf of the board by:
....................
Miss Rebecca E Eves
Director
Company registration number: 04757022
SUGLEY MAINTENANCE LIMITED
Company number: 04757022
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2021
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Bainbridge House, 379 Stamfordham Road, Westerhope, Newcastle upon Tyne, NE5 2LH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable in respect of property management fees.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Staff costs
The average number of persons employed by the company during the year amounted to 0 (2020: 0).
5. Debtors
2021 2020
£ £
Other debtors 1,438 1,013
_______ _______
6. Creditors: amounts falling due within one year
2021 2020
£ £
Other creditors 1,680 840
_______ _______