SANGAMA LIMITED Filleted accounts for Companies House (small and micro)

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COMPANY REGISTRATION NUMBER: 05083220

SANGAMA LIMITED

Filleted Unaudited Financial Statements

31 March 2020

SANGAMA LIMITED

Statement of Financial Position

31 March 2020

	2020		2019
Note	£	£	£

Current assets

Cash at bank and in hand	232,955		233,025

Creditors: amounts falling due within one year	4	233,772		233,579
		---------		---------
Net current liabilities			817	554
			----	----
Total assets less current liabilities			( 817)	( 554)
			----	----

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 917)	( 654)
	----	----
Shareholders deficit	( 817)	( 554)
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- 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 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 October 2020 , and are signed on behalf of the board by:

Mrs G Ganeshamoorthy
Director

Company registration number: 05083220

SANGAMA LIMITED

Notes to the Financial Statements

Year ended 31 March 2020

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 24 Otley Drive, Ilford, IG2 6SL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

As disclosed in the Statement of Financial Position on page 3, the company has a deficit of net assets. Of the creditors, £233,592 is owed to the director who has confirmed that no repayment would be demanded at least for the next twelve months. The director has considered the trading requirements of the company for the period exceeding twelve months from the date of this report. Having regard to the above therefore, it is the opinion of the director that the accounts be prepared on the going concern basis.

4. Creditors: amounts falling due within one year

	2020	2019
	£	£
Other creditors	233,772	233,579
	---------	---------