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REGISTERED NUMBER: 10862780 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

SANDBACH ECONOMIC CONSULTING LIMITED

SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SANDBACH ECONOMIC CONSULTING LIMITED

Company Information
for the year ended 31 March 2023







Directors: J F V Sandbach
R A C Sandbach





Registered office: Sakura
Upper Basildon
Reading
Berkshire
RG8 8LU





Registered number: 10862780 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
3 Danebrook Court
Langford Lane
Kidlington
Oxfordshire
OX5 1LQ

SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £ £ £ £
Fixed assets
Tangible assets 4 - 174

Current assets
Debtors 5 5,567 7,140
Cash at bank 187,740 198,700
193,307 205,840
Creditors
Amounts falling due within one year 6 1,924 4,668
Net current assets 191,383 201,172
Total assets less current liabilities 191,383 201,346

Provisions for liabilities - 33
Net assets 191,383 201,313

Capital and reserves
Called up share capital 7 8 8
Retained earnings 191,375 201,305
Shareholders' funds 191,383 201,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Balance Sheet - continued
31 March 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





J F V Sandbach - Director


SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

Sandbach Economic Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in Sterling, which is the functional currency of the company, rounded to the nearest £1.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - at varying rates on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
Employer's contributions payable to the employee's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2022
and 31 March 2023 2,039
Depreciation
At 1 April 2022 1,865
Charge for year 174
At 31 March 2023 2,039
Net book value
At 31 March 2023 -
At 31 March 2022 174

5. Debtors: amounts falling due within one year
31/3/23 31/3/22
£ £
Trade debtors 5,279 -
Other debtors 288 7,140
5,567 7,140

6. Creditors: amounts falling due within one year
31/3/23 31/3/22
£ £
Taxation and social security 424 3,168
Other creditors 1,500 1,500
1,924 4,668

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £ £
8 Ordinary £1 8 8

SANDBACH ECONOMIC CONSULTING LIMITED (REGISTERED NUMBER: 10862780)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


8. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31/3/23 31/3/22
£ £
J F V Sandbach
Balance outstanding at start of year - -
Amounts advanced 268 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 268 -