SANA (Reedham) Limited - Accounts to registrar (filleted) - small 18.2

SANA (Reedham) Limited - Accounts to registrar (filleted) - small 18.2

SANA (REEDHAM) LIMITED - Company Information

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IRIS Accounts Production v18.2.1.62 09348472 director 1.1.17 31.12.17 31.12.17 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093484722016-12-31093484722017-12-31093484722017-01-012017-12-31093484722015-12-31093484722016-01-012016-12-31093484722016-12-3109348472ns15:EnglandWales2017-01-012017-12-3109348472ns14:PoundSterling2017-01-012017-12-3109348472ns10:Director12017-01-012017-12-3109348472ns10:PrivateLimitedCompanyLtd2017-01-012017-12-3109348472ns10:SmallEntities2017-01-012017-12-3109348472ns10:AuditExemptWithAccountantsReport2017-01-012017-12-3109348472ns10:SmallCompaniesRegimeForDirectorsReport2017-01-012017-12-3109348472ns10:SmallCompaniesRegimeForAccounts2017-01-012017-12-3109348472ns10:FullAccounts2017-01-012017-12-3109348472ns10:OrdinaryShareClass12017-01-012017-12-3109348472ns10:RegisteredOffice2017-01-012017-12-3109348472ns5:CurrentFinancialInstruments2017-12-3109348472ns5:CurrentFinancialInstruments2016-12-3109348472ns5:ShareCapital2017-12-3109348472ns5:ShareCapital2016-12-3109348472ns5:RetainedEarningsAccumulatedLosses2017-12-3109348472ns5:RetainedEarningsAccumulatedLosses2016-12-3109348472ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3109348472ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3109348472ns10:OrdinaryShareClass12017-12-31


REGISTERED NUMBER: 09348472 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

SANA (REEDHAM) LIMITED
SANA (REEDHAM) LIMITED (REGISTERED NUMBER: 09348472)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


SANA (REEDHAM) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTOR: Mrs K K Lear





REGISTERED OFFICE: 505 Pinner Road
Harrow
Middlesex
HA2 6EH





REGISTERED NUMBER: 09348472 (England and Wales)





ACCOUNTANTS: Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SANA (REEDHAM) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of SANA (Reedham) Limited for the year ended 31 December 2017 which comprise the Income
Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of SANA (Reedham) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SANA (Reedham) Limited and state those matters that we have agreed to state to the director of SANA (Reedham) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SANA (Reedham) Limited and its director for our work or for this report.

It is your duty to ensure that SANA (Reedham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SANA (Reedham) Limited. You consider that SANA (Reedham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SANA (Reedham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


9 September 2018

This page does not form part of the statutory financial statements

Page 2
SANA (REEDHAM) LIMITED (REGISTERED NUMBER: 09348472)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2017

31/12/17 31/12/16
Notes £ £
CURRENT ASSETS
Inventories 3 - 318,378
Debtors 4 730 13,699
Cash at bank 644,491 47,052
645,221 379,129
CREDITORS
Amounts falling due within one year 5 467,690 380,198
NET CURRENT ASSETS/(LIABILITIES) 177,531 (1,069 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
177,531
(1,069
)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 177,431 (1,169 )
SHAREHOLDERS' FUNDS 177,531 (1,069 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 8 September 2018 and were signed by:





Mrs K K Lear - Director


The notes form part of these financial statements

Page 3
SANA (REEDHAM) LIMITED (REGISTERED NUMBER: 09348472)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017


1. STATUTORY INFORMATION

SANA (Reedham) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents revenue recognised by the company in respect of property sales, exclusive of VAT.

Stocks
Property work in progress is valued at the lower of cost and net realisable value.

Cost for this purpose comprises the purchase of land, development expenditure and overheads.

In considering the net realisable value of land and properties it is assumed that development will be
completed and sold in the ordinary course of the company's business and that they would not be placed
on the market for immediate sale.

3. INVENTORIES
31/12/17 31/12/16
£ £
Work-in-progress - 318,378

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/17 31/12/16
£ £
Other debtors 100 99
VAT 630 13,600
730 13,699

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/17 31/12/16
£ £
Amounts owed to group undertakings 204,570 229,300
Tax 33,411 -
Directors' current accounts 143,636 150,898
Accrued expenses 86,073 -
467,690 380,198

Page 4 continued...
SANA (REEDHAM) LIMITED (REGISTERED NUMBER: 09348472)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2017


6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/12/17 31/12/16
value: £ £
100 Ordinary 1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £143,636 (2016: £150,899) to the director. The amounts is interest-free and
repayable on demand.

8. RELATED PARTY DISCLOSURES

At the year end the company owed £204,570 (2016: £229,300) to Lear Developments Holdings Limited. The
amounts is interest-free and repayable on demand.

9. ULTIMATE PARENT AND CONTROLLING PARTY

The company is a subsidiary of Lear Developments Holdings Limited, a company registered in England and
Wales.

The director is the ultimate controller.

Page 5