SANNAS GROUP LIMITED

Company Registration Number:
12425173 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

SANNAS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

SANNAS GROUP LIMITED

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 180,500 0
Investments: 4 180,000 30,000
Total fixed assets: 360,500 30,000
Current assets
Debtors:   37,787 6,093
Cash at bank and in hand: 74,794 9
Total current assets: 112,581 6,102
Creditors: amounts falling due within one year: 5 (85,544) (15,347)
Net current assets (liabilities): 27,037 (9,245)
Total assets less current liabilities: 387,537 20,755
Creditors: amounts falling due after more than one year: 6 (279,966) (44,401)
Total net assets (liabilities): 107,571 (23,646)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 107,570 (23,647)
Shareholders funds: 107,571 (23,646)

The notes form part of these financial statements

SANNAS GROUP LIMITED

Balance sheet statements

For the year ending 31 January 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 October 2023
and signed on behalf of the board by:

Name: Ibrahim Ibn Adham
Status: Director

The notes form part of these financial statements

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates inorder to write off the assets over their estimated useful lives:Plant & machinery Over 5 yearsMotor vehicles Over 5 yearsFixtures & fittings Over 5 yearsComputer equipment Over 5 years

Other accounting policies

Accounting policiesThe principal accounting policies adopted in the preparation of the financial statements are set out below and have remainedunchanged from the previous year, and also have been consistently applied within the same accounts.

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 0
Additions 291,169
At 31 January 2023 291,169
Depreciation
At 01 February 2022 0
Charge for year 110,669
At 31 January 2023 110,669
Net book value
At 31 January 2023 180,500
At 31 January 2022 0

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Fixed investments

Valuation at 1 February 2022 30,000 Additions 150,000 Valuation at 31 January 2023 180,000

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts 90,000 11,250 Taxes and social security 18,020 4,097 Other creditors 213,644 - Accruals 5,400 -

SANNAS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Creditors: amounts falling due after more than one year note

Creditors: amounts falling due after more than one year 2023 2022 £ £ Bank loans 279,966 44,401