Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31trueNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12022-04-011 09137256 2022-04-01 2023-03-31 09137256 2021-04-01 2022-03-31 09137256 2023-03-31 09137256 2022-03-31 09137256 c:Director1 2022-04-01 2023-03-31 09137256 d:OfficeEquipment 2022-04-01 2023-03-31 09137256 d:OfficeEquipment 2023-03-31 09137256 d:OfficeEquipment 2022-03-31 09137256 d:CurrentFinancialInstruments 2023-03-31 09137256 d:CurrentFinancialInstruments 2022-03-31 09137256 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09137256 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09137256 d:ShareCapital 2023-03-31 09137256 d:ShareCapital 2022-03-31 09137256 d:RetainedEarningsAccumulatedLosses 2023-03-31 09137256 d:RetainedEarningsAccumulatedLosses 2022-03-31 09137256 c:FRS102 2022-04-01 2023-03-31 09137256 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09137256 c:FullAccounts 2022-04-01 2023-03-31 09137256 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 09137256









SAS TEESSIDE LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
SAS TEESSIDE LIMITED
REGISTERED NUMBER: 09137256

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
350
-

Cash at bank and in hand
  
28,078
7,331

  
28,428
7,331

Creditors: amounts falling due within one year
 6 
(107,023)
(78,895)

Net current liabilities
  
 
 
(78,595)
 
 
(71,564)

Total assets less current liabilities
  
(78,595)
(71,564)

  

Net liabilities
  
(78,595)
(71,564)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(78,695)
(71,664)

  
(78,595)
(71,564)

Page 1

 
SAS TEESSIDE LIMITED
REGISTERED NUMBER: 09137256

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2023.




................................................
P D Trotter
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
SAS TEESSIDE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

SAS Teesside Limited is a private company, limited by shares incorporated in England and Wales with company registration number 09137256. The address of the registered office is Anglia House, 6 Central Avenue, St Andrew's Business Park, Norwich, NR7 0HR.
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director considers that the resources available to the company will be sufficient for it to be able to continue as a going concern.  The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.
The company meets its day to day working capital requirements through a loan from its majority shareholder and associated businesses who has confirmed these borrowings will not be withdrawn. In forming their decision on going concern the director has considered a period of no less than 12 months from the date of accounts approval and has concluded that the company will receive sufficient funds to continue trading for the foreseeable future. 
On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of borrowing.

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SAS TEESSIDE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
SAS TEESSIDE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment

£



Cost


At 1 April 2022
550



At 31 March 2023

550



Depreciation


At 1 April 2022
550



At 31 March 2023

550



Net book value



At 31 March 2023
-



At 31 March 2022
-


5.


Debtors

2023
2022
£
£


Trade debtors
350
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Payments received on account
7,400
6,400

Trade creditors
422
1,176

Other creditors
95,751
67,939

Accruals and deferred income
3,450
3,380

107,023
78,895



7.


Related party transactions

During the year, S Kenny, a person with significant control, operated a loan account. The balance at the start of the year was £58,100 (2022: £61,725), during the year withdrawals were made of £32,339 (2022: £3,625) and repayments were made of £275 (2022: £Nil), leaving a credit balance of £26,035 as at 31 March 2023.


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