Company Registration No. 06324221 (England and Wales)
Sistine Properties Limited
Unaudited accounts
for the year ended 31 December 2017
Sistine Properties Limited
Annual report and unaudited accounts
for the year ended 31 December 2017
Sistine Properties Limited
Company Information
for the year ended 31 December 2017
Directors
Paula Scott
Philip Scott
Company Number
06324221 (England and Wales)
Registered Office
Faceby Manor
Carlton in Cleveland
Middlesbrough
TS9 7DP
Accountants
Deloitte LLP
One Trinity Gardens
Broad Chare
Newcastle upon Tyne
NE1 2HF
Sistine Properties Limited
Accountants' report
Accountants' report to the board of directors of Sistine Properties Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Sistine Properties Limited for the year ended
31 December 2017 as set out on pages
5 -
5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Sistine Properties Limited, as a body, in accordance with the terms of our engagement letter dated 20 April 2017. Our work has been undertaken solely to prepare for your approval the accounts of Sistine Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sistine Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sistine Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Sistine Properties Limited. You consider that Sistine Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Sistine Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Deloitte LLP
One Trinity Gardens
Broad Chare
Newcastle upon Tyne
NE1 2HF
20 July 2018
Sistine Properties Limited
Statement of Financial Position
as at
31 December 2017
Fixed assets
600,436
615,560
Current assets
56,329
41,744
Creditors: amounts falling due within one year
(783,292)
(782,324)
Net current liabilities
(726,963)
(740,580)
Total assets less current liabilities
(126,527)
(125,020)
Net liabilities
(126,527)
(125,020)
Capital and reserves
(126,527)
(125,020)
1 Directors' advances, credit and guarantees
Included within creditors are unsecured directors' loans of £389,246 (2016: £389,246) owed to Mr P Scott, and £390,801 (2016: £390,801) owed to Mrs P Scott. The loans are interest-free and repayable on demand.
2 Average number of employees
During the year the average number of employees was 2 (2016: 2).
For the year ending 31 December 2017 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 20 July 2018
Paula Scott
Director
Company Registration No. 06324221