Sara Low Holdings Limited - Period Ending 2021-03-31

SARA LOW HOLDINGS LIMITED - Company Information

Sara Low Holdings Limited 04189892 false 2020-04-01 2021-03-31 2021-03-31 The principal activity of the company is that of a holding company. The principal activity of its subsidiary company, Sara Low Verification Limited, is the provision of research and verification services to providers of quiz programmes on national television Digita Accounts Production Advanced 6.29.9459.0 true false 04189892 2020-04-01 2021-03-31 04189892 2021-03-31 04189892 core:RetainedEarningsAccumulatedLosses 2021-03-31 04189892 core:ShareCapital 2021-03-31 04189892 core:CurrentFinancialInstruments 2021-03-31 04189892 core:CurrentFinancialInstruments core:WithinOneYear 2021-03-31 04189892 bus:SmallEntities 2020-04-01 2021-03-31 04189892 bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 04189892 bus:FullAccounts 2020-04-01 2021-03-31 04189892 bus:SmallCompaniesRegimeForAccounts 2020-04-01 2021-03-31 04189892 bus:RegisteredOffice 2020-04-01 2021-03-31 04189892 bus:Director2 2020-04-01 2021-03-31 04189892 bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31 04189892 countries:England 2020-04-01 2021-03-31 04189892 core:CostValuation 2020-03-31 04189892 2019-04-01 2020-03-31 04189892 2020-03-31 04189892 core:RetainedEarningsAccumulatedLosses 2020-03-31 04189892 core:ShareCapital 2020-03-31 04189892 core:CurrentFinancialInstruments 2020-03-31 04189892 core:CurrentFinancialInstruments core:WithinOneYear 2020-03-31 iso4217:GBP xbrli:pure

Sara Low Holdings Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 March 2021

Registration number: 04189892

Sara Low Holdings Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Sara Low Holdings Limited

Balance Sheet

31 March 2021

	Note	2021 £	2020 £
Fixed assets
Investments	4	100	100
Current assets
Debtors	5	4,595	7,595
Cash at bank and in hand		8,045	45
		12,640	7,640
Creditors: Amounts falling due within one year	6	(12,000)	(7,000)
Net current assets		640	640
Net assets		740	740
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		640	640
Shareholders' funds		740	740

For the financial year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 5 November 2021 and signed on its behalf by:

.........................................
Mrs S L Low
Director

Company Registration Number: 04189892

Sara Low Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA

The principal place of business is:
3 Trewince Lane
Lostwithiel
Cornwall
PL22 0AJ

These financial statements were authorised for issue by the Board on 5 November 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2020 - 2).

Sara Low Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2021

4	Investments

	2021 £	2020 £
Investments in subsidiaries	100	100

Subsidiaries	£
Cost or valuation
At 1 April 2020	100
Provision
Carrying amount
At 31 March 2021	100
At 31 March 2020	100

Debtors

	Note	2021 £	2020 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		4,595	7,595
		4,595	7,595

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Due within one year
Other creditors	12,000	7,000

Sara Low Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2021

7	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100