| Saibick Investments Ltd |
| Registered number: |
11674205 |
| Balance Sheet |
| as at 31 March 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
243,862 |
|
|
260,026 |
|
| Current assets |
| Debtors |
4 |
|
- |
|
|
100,000 |
| Cash at bank and in hand |
|
|
8,175 |
|
|
15,691 |
|
|
|
8,175 |
|
|
115,691 |
|
| Creditors: amounts falling due within one year |
5 |
|
2,222 |
|
|
4,328 |
|
| Net current assets |
|
|
|
10,397 |
|
|
120,019 |
|
| Total assets less current liabilities |
|
|
|
254,259 |
|
|
380,045 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(727,484) |
|
|
(857,484) |
|
|
|
| Net liabilities |
|
|
|
(473,225) |
|
|
(477,439) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(473,325) |
|
|
(477,539) |
|
| Shareholders' funds |
|
|
|
(473,225) |
|
|
(477,439) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| I Stroud |
| Director |
| Approved by the board on 7 September 2022 |
|
| Saibick Investments Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Interest |
|
Interest is derived from the investments |
|
|
Investments |
|
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 April 2021 |
260,026 |
|
Repayment of capital |
(16,164) |
|
|
At 31 March 2022 |
243,862 |
|
|
Investments relate to unlisted investments |
|
| 4 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Other debtors |
- |
|
100,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade creditors |
- |
|
44 |
|
Taxation and social security costs |
(3,422) |
|
(5,392) |
|
Other creditors |
1,200 |
|
1,020 |
|
|
|
|
|
|
(2,222) |
|
(4,328) |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Other creditors |
727,484 |
|
857,484 |
|
|
|
|
|
|
|
|
|
| 7 |
Going concern |
|
|
The accounts are prepared on the going concern basis which assumes the continued support of the directors |
|
| 8 |
Other information |
|
|
Saibick Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
Central House |
|
124 High Street |
|
Hampton Hill |
|
Middlesex |
|
TW12 1NS |
