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REGISTERED NUMBER: 08408562 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

S.A.H. Luton Limited

S.A.H. Luton Limited (Registered number: 08408562)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


S.A.H. Luton Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr P K Boyce





REGISTERED OFFICE: 4 Cromwell Court
New Street
Aylesbury
Buckinghamshire
HP20 2PB





REGISTERED NUMBER: 08408562 (England and Wales)

S.A.H. Luton Limited (Registered number: 08408562)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 266,545 241,238

CURRENT ASSETS
Stocks 105,183 198,500
Debtors 5 763,703 551,160
Cash at bank 801,395 162,975
1,670,281 912,635
CREDITORS
Amounts falling due within one year 6 (792,362 ) (625,939 )
NET CURRENT ASSETS 877,919 286,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,144,464

527,934

CREDITORS
Amounts falling due after more than one
year

7

(153,365

)

(179,502

)

PROVISIONS FOR LIABILITIES (240 ) (2,146 )
NET ASSETS 990,859 346,286

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 990,849 346,276
SHAREHOLDERS' FUNDS 990,859 346,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 November 2023 and were signed by:




Mr P K Boyce - Director


S.A.H. Luton Limited (Registered number: 08408562)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

S.A.H. Luton 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Fixed assets
All fixed assets are initially recorded at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 15 ) .

S.A.H. Luton Limited (Registered number: 08408562)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 219,532 108,524 328,056
Additions - 40,978 40,978
At 28 February 2023 219,532 149,502 369,034
DEPRECIATION
At 1 March 2022 - 86,818 86,818
Charge for year - 15,671 15,671
At 28 February 2023 - 102,489 102,489
NET BOOK VALUE
At 28 February 2023 219,532 47,013 266,545
At 28 February 2022 219,532 21,706 241,238

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 159,849 109,833
Other debtors 603,854 441,327
763,703 551,160

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 42,000 56,400
Trade creditors 280,867 332,140
Taxation and social security 188,372 66,440
Other creditors 281,123 170,959
792,362 625,939

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 153,365 179,502