05736550falseElectrical Installation2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05736550

Sage Services (UK) Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
DBR Accounts Limited
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Sage Services (UK) Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Mr J Roerig
Mrs J Roerig
REGISTERED OFFICE
17 Brecklands
Mundford
Thetford
Norfolk
IP26 5EF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05736550
ACCOUNTANTS
DBR Accounts Limited
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Sage Services (UK) Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Sage Services (UK) Ltd

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets2581775
CURRENT ASSETS
Debtors319,45628,326
Cash at bank and in hand10680
19,46629,006
CREDITORS: Amounts falling due within one year427,84228,972
NET CURRENT (LIABILITIES) / ASSETS(8,376)34
TOTAL ASSETS LESS CURRENT LIABILITIES(7,795)809
CAPITAL AND RESERVES
Called up share capital61,0001,000
Profit and loss account(8,795)(191)
SHAREHOLDERS' FUNDS(7,795)809
For the year ending 31/03/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/08/2023 and signed on their behalf by
.............................
Mr J Roerig
Director

Sage Services (UK) Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
These financial statements have been prepared on the going concern basis despite the losses that have been built. The directors intend to support the company financially in the forseeable future and for not less than at least the next 12 months.
1c. Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance25%
Equipmentreducing balance25%
1d. Taxation
Taxation represents the tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
1e. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Sage Services (UK) Ltd

2. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/04/20221,3941,1582,552
At 31/03/20231,3941,1582,552
Depreciation
At 01/04/20221,1466311,777
For the year62132194
At 31/03/20231,2087631,971
Net Book Amounts
At 31/03/2023186395581
At 31/03/2022248527775
3. DEBTORS 20232022
££
Amounts falling due within one year
VAT201201
PAYE control-258
Other debtors750750
Directors current account - Mr J Roerig18,50527,106
19,45628,315
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax8,51211,214
Bank loans and overdrafts851-
Loans15,03516,282
Credit card1,441-
Trade creditors256-
Accruals1,7471,476
27,84228,972

Sage Services (UK) Ltd

5. EMPLOYEES
20232022
No.No.
Average number of employees22
6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000
7. CONTROLLING PARTY
Mr J Roerig is the ultimate controlling party of the company by virtue of his majority directorship and ownership of the company's issued share capital.
8. RELATED PARTY TRANSACTIONS
As at the year end the director had borrowed £18,356 (2022: £27,106) from the company. The loan is fully repayable on demand and interest is charged at normal commercial rates, totalling £Nil (2022: £532).