SAS ENERGY LTD
SAS ENERGY LTD
SAS ENERGY LTD
Company Registration Number:
10445747 (England and Wales)
Unaudited statutory accounts for the year ended 31 October 2019
Period of accounts
Start date: 1 November 2018
End date: 31 October 2019
SAS ENERGY LTD
Contents of the Financial Statements
for the Period Ended 31 October 2019
Balance sheet | |
Additional notes | |
Balance sheet notes |
SAS ENERGY LTD
Balance sheet
As at
Notes | 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
SAS ENERGY LTD
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Tangible fixed assets depreciation policy
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:Plant and machinery - 25% reducing balanceFittings fixtures and equipment - 25% reducing balanceMotor vehicles - 33% reducing balanceIf there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
-
2. Employees
2019 2018 Average number of employees during the period 20 19
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2018 | | | | | | |
Additions | | | ||||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2019 | | | | | | |
Depreciation | ||||||
At 1 November 2018 | | | | | | |
Charge for year | | | | | ||
On disposals | ( | ( | ||||
Other adjustments | ||||||
At 31 October 2019 | | | | | | |
Net book value | ||||||
At 31 October 2019 | | | | | | |
At 31 October 2018 | | | | | |
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
4. Stocks
2019 | 2018 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
5. Debtors
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
6. Creditors: amounts falling due within one year note
2019 | 2018 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
SAS ENERGY LTD
Notes to the Financial Statements
for the Period Ended 31 October 2019
7. Creditors: amounts falling due after more than one year note
2019 | 2018 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |