Sustaina Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 05890973 (England and Wales)

Financial Statements For The Year Ended 31st July 2022

for

Sustaina Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P R Anderson

S L Anderson

REGISTERED OFFICE:

Orchard House

King Edward Road

Rochester

Kent

ME1 1UA

REGISTERED NUMBER:

05890973 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

5

2,622

3,495

CURRENT ASSETS

Debtors

6

7,671

7,341

Cash at bank

10,051

12,118

17,722

19,459

CREDITORS

Amounts falling due within one year

7

499

600

NET CURRENT ASSETS

17,223

18,859

TOTAL ASSETS LESS CURRENT LIABILITIES

19,845

22,354

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

19,843

22,352

SHAREHOLDERS' FUNDS

19,845

22,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th April 2023 and were signed on its behalf by:

P R Anderson - Director

1.	STATUTORY INFORMATION

Sustaina Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The turnover is the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st August 2021

and 31st July 2022

25,696

DEPRECIATION

At 1st August 2021

22,201

Charge for year

873

At 31st July 2022

23,074

NET BOOK VALUE

At 31st July 2022

2,622

At 31st July 2021

3,495

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors and prepayments

3,667

3,895

Deferred tax asset

4,004

3,446

7,671

7,341

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax and social security

-

87

Other creditors and accruals

499

513

499

600