SAXBY HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022
Saxby Homes Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 11113181. The address of the registered office is Old Station Road, Loughton, Essex, IG10 4PL.
2.
Accounting policies
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Basis of preparation of financial statements
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As set out in the Directors’ report, the financial statements have been prepared on a break up basis.
In adopting the break up basis at the year end the following policies and procedures were
implemented:
- All current assets have been disclosed at net realisable values.
- All liabilities reflect the full amount at which they are expected to materialise.
The preparation of financial statements in compliance with FRS102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company’s accounting policies.
The following accounting policies have been applied:
Following the year end, the directors of the company have made the decision to cease trading post year end. The financial statements have been prepared on a break up basis as set out above under the basis of preparation.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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The average monthly number of employees, including directors, during the year was 1
(2021 -
1
)
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