Sundown Properties Limited 30/09/2022 iXBRL
Sundown Properties Limited 30/09/2022 iXBRL
Company registration number:
00523646
Contents
Directors and other information
Accountant's report
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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(Deceased 7 January 2023) | |
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Secretary |
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Company number |
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Registered office |
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Accountant |
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Chartered accountants | |||
First Floor | |||
99 Bancroft | |||
Hitchin | |||
Hertfordshire | |||
SG5 1NQ | |||
Bankers |
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12 High Street | ||
Hitchin | ||
Hertfordshire | ||
SG5 1YY | ||
Chartered accountant's report to the board of directors on the preparation of the
unaudited statutory financial statements of Sundown Properties Limited
Year ended 30 September 2022
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Sundown Properties Limited for the year ended 30 September 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Sundown Properties Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Sundown Properties Limited and state those matters that we have agreed to state to the board of directors of Sundown Properties Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Sundown Properties Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Sundown Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Sundown Properties Limited. You consider that Sundown Properties Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Sundown Properties Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Chartered accountants
First Floor
99 Bancroft
Hitchin
Hertfordshire
SG5 1NQ
2 March 2023
Statement of financial position
30 September 2022
2022 | 2021 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Fair value reserve |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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
02 March 2023
, and are signed on behalf of the board by:
Director
Company registration number:
00523646
Notes to the financial statements
Year ended 30 September 2022
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Sundown, Lucas Lane, Hitchin, Hertfordshire, SG5 2JA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Investment property
Impairment
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2021:
3
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5.
Tangible assets
Freehold property | Total | ||
£ | £ | ||
Cost | |||
At 1 October 2021 and 30 September 2022 |
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Depreciation | |||
At 1 October 2021 and 30 September 2022 | - | - | |
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Carrying amount | |||
At 30 September 2022 |
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_______ | _______ | ||
At 30 September 2021 |
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_______ | _______ | ||
Investment property
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:
Freehold property | Total | ||
£ | £ | ||
At 30 September 2022 | |||
Aggregate cost | 24,625 | 24,625 | |
Aggregate depreciation | - | - | |
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Carrying amount |
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24,625 | |
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At 30 September 2021 | |||
Aggregate cost | 24,625 | 24,625 | |
Aggregate depreciation | - | - | |
_______ | _______ | ||
Carrying amount |
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24,625 | |
_______ | _______ | ||
6.
Debtors
2022 | 2021 | |||
£ | £ | |||
Trade debtors |
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Other debtors | - |
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7.
Creditors: amounts falling due within one year
2022 | 2021 | |||
£ | £ | |||
Social security and other taxes |
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- | ||
Other creditors |
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_______ | _______ | |||
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