1 May 2022 false No description of principal activity Taxfiler 2023.10 SC660001business:PrivateLimitedCompanyLtd2022-05-012023-04-30 SC6600012022-04-30 SC6600012022-05-012023-04-30 SC660001business:AuditExemptWithAccountantsReport2022-05-012023-04-30 SC660001business:FilletedAccounts2022-05-012023-04-30 SC6600012023-04-30 SC660001business:Director12022-05-012023-04-30 SC660001business:RegisteredOffice2022-05-012023-04-30 SC6600012022-04-30 SC660001core:WithinOneYear2023-04-30 SC660001core:WithinOneYear2022-04-30 SC660001core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC660001core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 SC660001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC660001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 SC660001core:PreviouslyStatedAmount2023-04-30 SC660001core:PreviouslyStatedAmount2022-04-30 SC660001business:SmallEntities2022-05-012023-04-30 SC660001countries:Scotland2022-05-012023-04-30 SC660001business:OrdinaryShareClass12022-05-012023-04-30 SC660001business:OrdinaryShareClass12021-05-012022-04-30 SC6600012021-05-012022-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC660001 (Scotland)
Sach Investment Management Ltd Unaudited accounts for the year ended 30 April 2023
Sach Investment Management Ltd Unaudited accounts Contents
Page
- 2 -
Sach Investment Management Ltd Company Information for the year ended 30 April 2023
Director
Yi Chai
Company Number
SC660001 (Scotland)
Registered Office
5 SOUTH CHARLOTTE STREET EDINBURGH EH2 4AN SCOTLAND
Accountants
Fortune UK Accountants Ltd 4a Nelson Road London GB SE10 9JB
- 3 -
Sach Investment Management Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
400 
- 
Debtors
457 
- 
Cash at bank and in hand
51,373 
- 
52,230 
- 
Creditors: amounts falling due within one year
(43,911)
100 
Net current assets
8,319 
100 
Net assets
8,319 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,219 
- 
Shareholders' funds
8,319 
100 
For the year ending 30 April 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 24 October 2023 and were signed on its behalf by
Yi Chai Director Company Registration No. SC660001
- 4 -
Sach Investment Management Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Sach Investment Management Ltd is a private company, limited by shares, registered in Scotland, registration number SC660001. The registered office is 5 SOUTH CHARLOTTE STREET, EDINBURGH, EH2 4AN, SCOTLAND.
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 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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
457 
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Proposed dividends
2,000 
- 
Loans from directors
41,091 
(100)
Accruals
820 
- 
43,911 
(100)
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -