Company Registration No. 11705066 (England and Wales)
SAGE DELI LTD
Unaudited accounts
for the year ended 31 January 2023
SAGE DELI LTD
Unaudited accounts
Contents
SAGE DELI LTD
Company Information
for the year ended 31 January 2023
Directors
Judy Rhiannon Griffin
Michael David Yeates
Secretary
Judy Rhiannon Griffin
Company Number
11705066 (England and Wales)
Registered Office
153 ST FAGANS ROAD
FAIRWATER
CARDIFF
CF5 3AG
UNITED KINGDOM
Accountants
Richlands Accountancy Ltd
Richlands
Maesteg Road
Tondu
Bridgend
CF32 9BT
SAGE DELI LTD
Statement of financial position
as at 31 January 2023
Tangible assets
14,692
11,367
Cash at bank and in hand
11,978
17,332
Creditors: amounts falling due within one year
(25,918)
(28,610)
Net current liabilities
(13,140)
(10,478)
Called up share capital
100
100
Profit and loss account
1,452
789
Shareholders' funds
1,552
889
For the year ending 31 January 2023 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 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 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 of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by
Judy Rhiannon Griffin
Director
Company Registration No. 11705066
SAGE DELI LTD
Notes to the Accounts
for the year ended 31 January 2023
SAGE DELI LTD is a private company, limited by shares, registered in England and Wales, registration number 11705066. The registered office is 153 ST FAGANS ROAD, FAIRWATER, CARDIFF, CF5 3AG, UNITED KINGDOM.
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.
These financial statements for the year ended 31 January 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2022
6,697
8,459
15,156
At 31 January 2023
14,919
8,459
23,378
At 1 February 2022
1,674
2,115
3,789
Charge for the year
3,311
1,586
4,897
At 31 January 2023
4,985
3,701
8,686
At 31 January 2023
9,934
4,758
14,692
At 31 January 2022
5,023
6,344
11,367
SAGE DELI LTD
Notes to the Accounts
for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
487
337
Loans from directors
16,777
23,977
6
Average number of employees
During the year the average number of employees was 3 (2022: 3).