IRIS Accounts Production v23.3.0.418 03161512 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure031615122022-03-31031615122023-03-31031615122022-04-012023-03-31031615122021-03-31031615122021-04-012022-03-31031615122022-03-3103161512ns16:EnglandWales2022-04-012023-03-3103161512ns15:PoundSterling2022-04-012023-03-3103161512ns11:Director12022-04-012023-03-3103161512ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3103161512ns11:SmallEntities2022-04-012023-03-3103161512ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3103161512ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103161512ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3103161512ns11:FullAccounts2022-04-012023-03-3103161512ns11:OrdinaryShareClass12022-04-012023-03-3103161512ns11:CompanySecretary12022-04-012023-03-3103161512ns11:RegisteredOffice2022-04-012023-03-3103161512ns6:CurrentFinancialInstruments2023-03-3103161512ns6:CurrentFinancialInstruments2022-03-3103161512ns6:ShareCapital2023-03-3103161512ns6:ShareCapital2022-03-3103161512ns6:RetainedEarningsAccumulatedLosses2023-03-3103161512ns6:RetainedEarningsAccumulatedLosses2022-03-3103161512ns6:PlantMachinery2022-04-012023-03-3103161512ns6:PlantMachinery2022-03-3103161512ns6:PlantMachinery2023-03-3103161512ns6:PlantMachinery2022-03-3103161512ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3103161512ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3103161512ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 03161512 (England and Wales)















SAS ENGINEERING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






SAS ENGINEERING LIMITED (REGISTERED NUMBER: 03161512)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


SAS ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: R T Cousins





SECRETARY: M T Cousins





REGISTERED OFFICE: c/o Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR





REGISTERED NUMBER: 03161512 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

SAS ENGINEERING LIMITED (REGISTERED NUMBER: 03161512)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 133,578 158,804

CURRENT ASSETS
Stocks 5 500 1,500
Debtors 6 16,942 55,861
Cash at bank 708,623 606,648
726,065 664,009
CREDITORS
Amounts falling due within one year 7 81,035 124,869
NET CURRENT ASSETS 645,030 539,140
TOTAL ASSETS LESS CURRENT LIABILITIES 778,608 697,944

PROVISIONS FOR LIABILITIES 31,725 28,625
NET ASSETS 746,883 669,319

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 746,783 669,219
SHAREHOLDERS' FUNDS 746,883 669,319

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 director acknowledges his 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.

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 the director and authorised for issue on 9 August 2023 and were signed by:





R T Cousins - Director


SAS ENGINEERING LIMITED (REGISTERED NUMBER: 03161512)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

SAS Engineering 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.

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 represents the invoiced value of goods sold by the company net of value added tax and trade discounts. Revenue is recognised on delivery to the customer.

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 - 50% on reducing balance, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell and after making allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

SAS ENGINEERING LIMITED (REGISTERED NUMBER: 03161512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 670,312
Additions 574
At 31 March 2023 670,886
DEPRECIATION
At 1 April 2022 511,508
Charge for year 25,800
At 31 March 2023 537,308
NET BOOK VALUE
At 31 March 2023 133,578
At 31 March 2022 158,804

5. STOCKS
2023 2022
£    £   
Stocks 500 1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,270 55,228
Other debtors 672 633
16,942 55,861

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,561 25,165
Taxation and social security 53,134 82,789
Other creditors 15,340 16,915
81,035 124,869

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100