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Company Registration No. 09765299 (England and Wales)
Sarah Chambers Interiors Limited Unaudited accounts for the year ended 30 September 2023
Sarah Chambers Interiors Limited Unaudited accounts Contents
Page
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Sarah Chambers Interiors Limited Company Information for the year ended 30 September 2023
Director
Sarah Chambers
Company Number
09765299 (England and Wales)
Registered Office
161 Fentiman Road London SW8 1JZ
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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Sarah Chambers Interiors Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
946 
433 
Current assets
Debtors
20,230 
- 
Cash at bank and in hand
55,802 
88,841 
76,032 
88,841 
Creditors: amounts falling due within one year
(50,425)
(79,360)
Net current assets
25,607 
9,481 
Total assets less current liabilities
26,553 
9,914 
Provisions for liabilities
Deferred tax
(188)
(85)
Net assets
26,365 
9,829 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
26,364 
9,828 
Shareholders' funds
26,365 
9,829 
For the year ending 30 September 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 director acknowledges her 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 and authorised for issue on 3 November 2023 and were signed on its behalf by
Sarah Chambers Director Company Registration No. 09765299
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Sarah Chambers Interiors Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Sarah Chambers Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 09765299. The registered office is 161 Fentiman Road, London, SW8 1JZ.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
During the year the UK government implemented a country wide lockdown in response to the Covid19 virus in the UK and globally. This has impacted the business immediately. Considerable uncertainty exists around the shorter and longer term impact. A going concern basis is still considered an appropriate basis of preparation for the accounts.
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Sarah Chambers Interiors Limited Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
1,084 
1,104 
2,188 
Additions
306 
499 
805 
At 30 September 2023
1,390 
1,603 
2,993 
Depreciation
At 1 October 2022
651 
1,104 
1,755 
Charge for the year
278 
14 
292 
At 30 September 2023
929 
1,118 
2,047 
Net book value
At 30 September 2023
461 
485 
946 
At 30 September 2022
433 
- 
433 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,000 
- 
Accrued income and prepayments
230 
- 
20,230 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
174 
4,755 
Taxes and social security
9,727 
6,943 
Other creditors
(72)
(71)
Loans from directors
40,596 
67,733 
50,425 
79,360 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
188 
85 
2023 
2022 
£ 
£ 
Provision at start of year
85 
129 
Charged/(credited) to the profit and loss account
103 
(44)
Provision at end of year
188 
85 
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Sarah Chambers Interiors Limited Notes to the Accounts for the year ended 30 September 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
At the year end the company owed the Director £40,596 (2022 £67,733).
10
Controlling party
The company was under the control of Sarah Chambers throughout the year as the majority shareholder.
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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