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REGISTERED NUMBER: 11697229 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2022

FOR

SASS LONDON LTD

SASS LONDON LTD (REGISTERED NUMBER: 11697229)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SASS LONDON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2022







DIRECTOR: G K Hahn





REGISTERED OFFICE: 83 Cambridge Street
London
SW1V 4PS





REGISTERED NUMBER: 11697229 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

SASS LONDON LTD (REGISTERED NUMBER: 11697229)

BALANCE SHEET
30TH NOVEMBER 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 5 844 47,533
Cash at bank 46,409 28,465
47,253 75,998
CREDITORS
Amounts falling due within one year 6 21,904 17,657
NET CURRENT ASSETS 25,349 58,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,349

58,341

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 25,348 58,340
25,349 58,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd November 2023 and were signed by:





G K Hahn - Director


SASS LONDON LTD (REGISTERED NUMBER: 11697229)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2022

1. STATUTORY INFORMATION

Sass London Ltd 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.
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

SASS LONDON LTD (REGISTERED NUMBER: 11697229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st December 2021
and 30th November 2022 1,399
DEPRECIATION
At 1st December 2021
and 30th November 2022 1,399
NET BOOK VALUE
At 30th November 2022 -
At 30th November 2021 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 844 -
Directors' current accounts - 46,170
Tax - 1,363
844 47,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 6,666 6,679
Tax 2,347 -
VAT 6,253 5,238
Directors' current accounts 395 -
Accrued expenses 6,243 5,740
21,904 17,657

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2022 and 30th November 2021:

2022 2021
£    £   
G K Hahn
Balance outstanding at start of year 46,170 -
Amounts advanced 4,014 46,170
Amounts repaid (50,579 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (395 ) 46,170