Company registration number 00646924 (England and Wales)
SAGA DEVELOPMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
SAGA DEVELOPMENT COMPANY LIMITED
BALANCE SHEET
AS AT 28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
650,818
651,459
Current assets
31,522
28,107
Creditors: amounts falling due within one year
(6,045)
(15,443)
Net current assets
25,477
12,664
Total assets less current liabilities
676,295
664,123
Net assets
676,295
664,123
Capital and reserves
676,295
664,123
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the year end there was an amount of £2,455 (2022 - £nil) owing from the directors. The amount has been repaid within 9 months of the year end.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
Saga Development Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Worple Mill Retreat, Goose Rye Road, Worplesdon, Guildford, GU3 3RQ.
For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
SAGA DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023
28 February 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 23 October 2023 and are signed on its behalf by:
R J Boraman
Director
Company registration number 00646924 (England and Wales)