1 December 2020 false No description of principal activity Taxfiler 2022.8.3 11062712business:PrivateLimitedCompanyLtd2020-12-012021-11-30 110627122020-11-30 110627122020-12-012021-11-30 11062712business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 11062712business:FullAccounts2020-12-012021-11-30 110627122021-11-30 11062712business:Director12020-12-012021-11-30 11062712business:RegisteredOffice2020-12-012021-11-30 110627122020-11-30 11062712core:WithinOneYear2021-11-30 11062712core:WithinOneYear2020-11-30 11062712core:AfterOneYear2021-11-30 11062712core:AfterOneYear2020-11-30 11062712core:ShareCapital2021-11-30 11062712core:ShareCapital2020-11-30 11062712core:RetainedEarningsAccumulatedLosses2021-11-30 11062712core:RetainedEarningsAccumulatedLosses2020-11-30 11062712business:SmallEntities2020-12-012021-11-30 11062712countries:EnglandWales2020-12-012021-11-30 11062712core:Goodwill2020-11-30 11062712core:Goodwill2020-12-012021-11-30 11062712core:Goodwill2021-11-30 110627122019-12-012020-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11062712 (England and Wales)
SABI STYLE LTD Unaudited accounts for the year ended 30 November 2021
SABI STYLE LTD Unaudited accounts Contents
Page
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SABI STYLE LTD Company Information for the year ended 30 November 2021
Director
ANDREEA SABINA BUZNA
Company Number
11062712 (England and Wales)
Registered Office
74B HIGH STREET EDGWARE LONDON HA8 7EJ
Accountants
EMILIA ACCOUNTANCY LTD 58 STROUD CREDCENT LONDON UK SW15 3EJ
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SABI STYLE LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
29,250 
39,250 
Current assets
Cash at bank and in hand
705 
1,019 
Creditors: amounts falling due within one year
31,300 
(1,306)
Net current assets/(liabilities)
32,005 
(287)
Total assets less current liabilities
61,255 
38,963 
Creditors: amounts falling due after more than one year
(67,912)
(33,965)
Net (liabilities)/assets
(6,657)
4,998 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
(6,757)
4,998 
Shareholders' funds
(6,657)
4,998 
For the year ending 30 November 2021 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 29 August 2022 and were signed on its behalf by
ANDREEA SABINA BUZNA Director Company Registration No. 11062712
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SABI STYLE LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
SABI STYLE LTD is a private company, limited by shares, registered in England and Wales, registration number 11062712. The registered office is 74B HIGH STREET, EDGWARE, LONDON, HA8 7EJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2020
39,250 
Disposals
(10,000)
At 30 November 2021
29,250 
Amortisation
At 1 December 2020
- 
At 30 November 2021
- 
Net book value
At 30 November 2021
29,250 
At 30 November 2020
39,250 
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SABI STYLE LTD Notes to the Accounts for the year ended 30 November 2021
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
375 
- 
Taxes and social security
1,443 
1,306 
Loans from directors
(33,118)
- 
(31,300)
1,306 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
67,912 
50,000 
Other creditors
- 
3,291 
Taxes and social security
- 
591 
Loans from directors
- 
(19,917)
67,912 
33,965 
7
Average number of employees
During the year the average number of employees was 5 (2020: 5).
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