Company Registration No. 09980899 (England and Wales)
SBEE LTD
Unaudited accounts
for the year ended 28 February 2023
SBEE LTD
Unaudited accounts
Contents
SBEE LTD
Company Information
for the year ended 28 February 2023
Directors
Mr Shirish Badiani
Aiyadurai Navaratna-Rajah
Company Number
09980899 (England and Wales)
Registered Office
110 Westmead Road
Sutton
Edgware
England
SM1 4JD
GB
SBEE LTD
Statement of financial position
as at 28 February 2023
Investment property
1,674,645
1,674,645
Cash at bank and in hand
6,851
8,081
Creditors: amounts falling due within one year
(718,517)
(795,533)
Net current liabilities
(711,666)
(787,452)
Total assets less current liabilities
962,979
887,193
Creditors: amounts falling due after more than one year
(1,102,691)
(1,049,727)
Net liabilities
(139,712)
(162,534)
Called up share capital
1
1
Profit and loss account
(139,713)
(162,535)
Shareholders' funds
(139,712)
(162,534)
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 directors acknowledge their 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 of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
Aiyadurai Navaratna-Rajah
Director
Company Registration No. 09980899
SBEE LTD
Notes to the Accounts
for the year ended 28 February 2023
SBEE LTD is a private company, limited by shares, registered in England and Wales, registration number 09980899. The registered office is 110 Westmead Road, Sutton, Edgware, England, SM1 4JD, GB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2022
1,674,645
At 28 February 2023
1,674,645
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
717,817
793,683
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,102,691
1,049,727
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).