Sagency & Associates Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10566249 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 January 2023

for

SAGENCY & ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Cavanagh-Butler

D M O'Malley

REGISTERED OFFICE:

Unit 16 Northfields Prospect Bus Ctre

Putney Bridge Road

London

SW18 1PE

REGISTERED NUMBER:

10566249 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

CURRENT ASSETS

Debtors

4

28,209

19,000

Cash at bank

21,183

62,028

49,392

81,028

CREDITORS

Amounts falling due within one year

5

12,501

35,589

NET CURRENT ASSETS

36,891

45,439

TOTAL ASSETS LESS CURRENT LIABILITIES

36,891

45,439

CREDITORS

Amounts falling due after more than one year

6

-

5,443

NET ASSETS

36,891

39,996

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

36,791

39,896

SHAREHOLDERS' FUNDS

36,891

39,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 15 November 2023 and were signed on its behalf by:

R A Cavanagh-Butler - Director

1.	STATUTORY INFORMATION

Sagency & Associates Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Trade debtors

-

19,000

VAT

4,709

-

Prepayments and accrued income

23,500

-

28,209

19,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Bank loans and overdrafts

-

1,639

Tax

5,533

8,661

VAT

-

19,375

Directors' current accounts

-

4,264

Accrued expenses

6,968

1,650

12,501

35,589

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.23

31.1.22

£

£

Bank loans - 2-5 years

-

5,443

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.23

31.1.22

value:

£

£

50

Ordinary Share A

£1.00

50

50

50

Ordinary Share B

£1.00

50

50

100

100

8.

RESERVES

Retained

earnings

£

At 1 February 2022

39,896

Deficit for the year

(3,105

)

At 31 January 2023

36,791

9.	RELATED PARTY DISCLOSURES

During the year the company paid fees to Cavanagh-Butler Art & Design Limited of which

R A Cavanagh-Butler is one of the directors.

Fees payable to Cavanagh-Butler Art & Design Limited during the year amounted to £137,800 (£57,000 in 2021). At the balance sheet date no related amount was outstanding.

During the year the company paid fees to OSR Partners Limited of which D M O'Malley is one of the directors.

Fees payable to OSR Partners Limited during the year amounted to £60,000 (£60,000 in 2021). At the balance sheet date no related amount was outstanding.