Sable Accounting Limited Filleted accounts for Companies House (small and micro)
Sable Accounting Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03517738
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Abridged Financial Statements |
Year ended 30 September 2021
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
3 |
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Abridged Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets |
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------- |
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Total assets less current liabilities |
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------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
27 June 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
03517738
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Notes to the Abridged Financial Statements |
Year ended 30 September 2021
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 13th Floor, One Croydon, 12-16 Addiscombe Road, Croydon, CR0 0XT.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Foreign currencies
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
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:
Equipment |
- |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2020:
2
).
5.
Intangible assets
£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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--------- |
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Amortisation |
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At 1 October 2020 and 30 September 2021 |
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Carrying amount |
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At 30 September 2021 |
– |
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At 30 September 2020 |
– |
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6.
Tangible assets
£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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Depreciation |
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At 1 October 2020 and 30 September 2021 |
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------- |
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Carrying amount |
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At 30 September 2021 |
– |
------- |
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At 30 September 2020 |
– |
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7.
Related party transactions
Sable International Group Ltd has the largest shareholding in the company. There is no ultimate controlling of the company as no shareholder holds a majority interest in the company.