Saint Ace Land And Property Limited - Accounts to registrar (filleted) - small 23.2.5
Saint Ace Land And Property Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| FOR |
| SAINT ACE LAND AND PROPERTY LIMITED |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| SAINT ACE LAND AND PROPERTY LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 2.02 |
| High Weald House |
| Glovers End |
| Bexhill |
| East Sussex |
| TN39 5ES |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| STATEMENT OF FINANCIAL POSITION |
| 30 MARCH 2023 |
| 2023 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 30 MARCH 2023 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| 1. | STATUTORY INFORMATION |
| Saint Ace Land And Property Limited is a |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| TANGIBLE FIXED ASSETS |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| TAXATION |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 November 2021 |
| Additions |
| At 30 March 2023 |
| Depreciation |
| At 1 November 2021 |
| Charge for period |
| At 30 March 2023 |
| Net book value |
| At 30 March 2023 |
| At 31 October 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertaking |
| £ |
| Cost |
| At 1 November 2021 |
| and 30 March 2023 |
| Net book value |
| At 30 March 2023 |
| At 31 October 2021 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Tax |
| VAT |
| Prepayments and accrued income |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2021 |
| £ | £ |
| Bank loans and overdrafts (see note 9) |
| Hire purchase contracts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2023 | 2021 |
| £ | £ |
| Bank loans (see note 9) |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 6,667 |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2023 | 2021 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 6,667 |
| 10. | PROVISIONS FOR LIABILITIES |
| 2023 | 2021 |
| £ | £ |
| Deferred tax | 2,747 | 756 |
| SAINT ACE LAND AND PROPERTY LIMITED (REGISTERED NUMBER: 10427081) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 NOVEMBER 2021 TO 30 MARCH 2023 |
| 10. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 November 2021 |
| Provided during period |
| Balance at 30 March 2023 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2023 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| Ordinary A | £1 | 50 | 50 |
| Ordinary B | £1 | 50 | 50 |
| 102 | 102 |