1 March 2022 false No description of principal activity Taxfiler 2023.10 11868799business:PrivateLimitedCompanyLtd2022-03-012023-02-28 118687992022-02-28 118687992022-03-012023-02-28 11868799business:AuditExemptWithAccountantsReport2022-03-012023-02-28 11868799business:AbridgedAccounts2022-03-012023-02-28 118687992023-02-28 11868799business:Director12022-03-012023-02-28 11868799business:RegisteredOffice2022-03-012023-02-28 118687992022-02-28 11868799core:WithinOneYear2023-02-28 11868799core:WithinOneYear2022-02-28 11868799core:AfterOneYear2023-02-28 11868799core:AfterOneYear2022-02-28 11868799core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11868799core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 11868799core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11868799core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11868799core:PreviouslyStatedAmount2023-02-28 11868799core:PreviouslyStatedAmount2022-02-28 11868799business:SmallEntities2022-03-012023-02-28 11868799countries:EnglandWales2022-03-012023-02-28 11868799business:OrdinaryShareClass12022-03-012023-02-28 11868799business:OrdinaryShareClass12021-03-012022-02-28 118687992021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11868799 (England and Wales)
Sant Sai Ltd Unaudited accounts for the year ended 28 February 2023
Sant Sai Ltd Unaudited accounts Contents
Page
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Sant Sai Ltd Company Information for the year ended 28 February 2023
Director
Mitalbhai Kantilal Panchal
Company Number
11868799 (England and Wales)
Registered Office
437 Brook Lane Birmingham West Midlands B13 0BS England
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Sant Sai Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
504 
615 
Current assets
Inventories
147,500 
100,500 
Debtors
1,204 
26,988 
Cash at bank and in hand
818 
13,433 
149,522 
140,921 
Creditors: amounts falling due within one year
(119,690)
(125,643)
Net current assets
29,832 
15,278 
Total assets less current liabilities
30,336 
15,893 
Creditors: amounts falling due after more than one year
(30,000)
- 
Net assets
336 
15,893 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
236 
15,793 
Shareholders' funds
336 
15,893 
For the year ending 28 February 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 17 November 2023 and were signed on its behalf by
Mitalbhai Kantilal Panchal Director Company Registration No. 11868799
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Sant Sai Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Sant Sai Ltd is a private company, limited by shares, registered in England and Wales, registration number 11868799. The registered office is 437 Brook Lane, Birmingham, West Midlands, B13 0BS, England.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2022
750 
At 28 February 2023
750 
Depreciation
At 1 March 2022
135 
Charge for the year
111 
At 28 February 2023
246 
Net book value
At 28 February 2023
504 
At 28 February 2022
615 
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Sant Sai Ltd Notes to the Accounts for the year ended 28 February 2023
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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