Company Registration No. 09824393 (England and Wales)
Saccounts Limited
Unaudited accounts
for the year ended 31 March 2022
Saccounts Limited
Company Information
for the year ended 31 March 2022
Directors
Stuart Cox
Heather Cox
Company Number
09824393 (England and Wales)
Registered Office
190 Cathedral Road
Cardiff
CF11 9JE
Wales
Saccounts Limited
Statement of financial position
as at 31 March 2022
Intangible assets
7,167
9,167
Cash at bank and in hand
35,475
33,502
Creditors: amounts falling due within one year
(13,821)
(17,027)
Net current assets
24,363
20,844
Called up share capital
100
100
Profit and loss account
32,275
31,151
Shareholders' funds
32,375
31,251
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2022 and were signed on its behalf by
Stuart Cox
Director
Company Registration No. 09824393
Saccounts Limited
Notes to the Accounts
for the year ended 31 March 2022
Saccounts Limited is a private company, limited by shares, registered in England and Wales, registration number 09824393. The registered office is 190 Cathedral Road, Cardiff, CF11 9JE, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
Saccounts Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances / (Credits) to Directors
-
(8,400)
(8,300)
(100)
Advances / (Credits) to Directors
(6,000)
(15,190)
(14,300)
(6,890)
(6,000)
(23,590)
(22,600)
(6,990)
At March 31st 2022 the company owed the directors £6,990 (2021: £6,000). No interest is currently charged on the loans and there are no fixed terms of repayment. During the year there were dividends of £16,000 (2021: £10,000) paid to the directors.
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
