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Company Registration No. 08934018 (England and Wales)
Sumag Ltd Unaudited accounts for the year ended 31 March 2021
Sumag Ltd Unaudited accounts Contents
Page
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Sumag Ltd Company Information for the year ended 31 March 2021
Director
Luis Machado
Company Number
08934018 (England and Wales)
Registered Office
Clearview Accountancy and Finance Ltd Aura Business Centre, Manners Road Newark Nottinghamshire NG24 1BS
Accountants
Clearview Accountancy and Finance Ltd Aura Business Centre Manners Road Newark Nottinghamshire NG24 1BS
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Sumag Ltd Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
38,543 
48,853 
Cash at bank and in hand
5,362 
5,732 
43,905 
54,585 
Creditors: amounts falling due within one year
(43,797)
(54,364)
Net current assets
108 
221 
Net assets
108 
221 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
107 
220 
Shareholders' funds
108 
221 
For the year ending 31 March 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 his 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 and authorised for issue on 30 September 2022 and were signed on its behalf by
Luis Machado Director Company Registration No. 08934018
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Sumag Ltd Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
Sumag Ltd is a private company, limited by shares, registered in England and Wales, registration number 08934018. The registered office is Clearview Accountancy and Finance Ltd, Aura Business Centre, Manners Road, Newark , Nottinghamshire , NG24 1BS.
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.
4
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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