1 October 2021 false No description of principal activity Taxfiler 2023.10 06682407business:PrivateLimitedCompanyLtd2021-10-012022-09-30 066824072021-09-30 066824072021-10-012022-09-30 06682407business:AuditExempt-NoAccountantsReport2021-10-012022-09-30 06682407business:AbridgedAccounts2021-10-012022-09-30 066824072022-09-30 06682407business:Director12021-10-012022-09-30 06682407business:Director22021-10-012022-09-30 06682407business:RegisteredOffice2021-10-012022-09-30 066824072021-09-30 06682407core:WithinOneYear2022-09-30 06682407core:WithinOneYear2021-09-30 06682407core:AfterOneYear2022-09-30 06682407core:AfterOneYear2021-09-30 06682407core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 06682407core:ShareCapitalcore:PreviouslyStatedAmount2021-09-30 06682407core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 06682407core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-09-30 06682407core:PreviouslyStatedAmount2022-09-30 06682407core:PreviouslyStatedAmount2021-09-30 06682407business:SmallEntities2021-10-012022-09-30 06682407countries:EnglandWales2021-10-012022-09-30 06682407core:PlantMachinery2021-10-012022-09-30 06682407core:MotorVehicles2021-10-012022-09-30 06682407business:OrdinaryShareClass12021-10-012022-09-30 06682407business:OrdinaryShareClass12020-10-012021-09-30 066824072020-10-012021-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06682407 (England and Wales)
SAKI SNACKS (MIDLANDS) LIMITED Unaudited accounts for the year ended 30 September 2022
SAKI SNACKS (MIDLANDS) LIMITED Unaudited accounts Contents
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SAKI SNACKS (MIDLANDS) LIMITED Company Information for the year ended 30 September 2022
Directors
Kaiser Munir Choudhry Ahmed Fathima Zahra Hassen
Company Number
06682407 (England and Wales)
Registered Office
UNIT 14 SHERATON BUSINESS CENTRE WADSWORTH ROAD GREENFORD UB6 7JB ENGLAND
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SAKI SNACKS (MIDLANDS) LIMITED Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
55,266 
49,004 
Current assets
Inventories
105,400 
129,450 
Debtors
415,985 
435,061 
Cash at bank and in hand
38,601 
18,861 
559,986 
583,372 
Creditors: amounts falling due within one year
(488,923)
(528,383)
Net current assets
71,063 
54,989 
Total assets less current liabilities
126,329 
103,993 
Creditors: amounts falling due after more than one year
(25,443)
(13,700)
Net assets
100,886 
90,293 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
100,786 
90,193 
Shareholders' funds
100,886 
90,293 
For the year ending 30 September 2022 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 September 2023 and were signed on its behalf by
Kaiser Munir Choudhry Ahmed Director Company Registration No. 06682407
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SAKI SNACKS (MIDLANDS) LIMITED Notes to the Accounts for the year ended 30 September 2022
1
Statutory information
SAKI SNACKS (MIDLANDS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06682407. The registered office is UNIT 14 SHERATON BUSINESS CENTRE, WADSWORTH ROAD, GREENFORD, UB6 7JB, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 Method
Motor vehicles
25% Reducing Balance Method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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SAKI SNACKS (MIDLANDS) LIMITED Notes to the Accounts for the year ended 30 September 2022
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2021
163,865 
Additions
24,834 
Disposals
(2,000)
At 30 September 2022
186,699 
Depreciation
At 1 October 2021
114,861 
Charge for the year
18,422 
On disposals
(1,850)
At 30 September 2022
131,433 
Net book value
At 30 September 2022
55,266 
At 30 September 2021
49,004 
5
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 15 (2021: 15).
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