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Company Registration No. 11812048 (England and Wales)
SARK Solutions Limited Unaudited accounts for the year ended 28 February 2023
SARK Solutions Limited Unaudited accounts Contents
Page
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SARK Solutions Limited Company Information for the year ended 28 February 2023
Director
Stuart Andrew Reginald Kingsley
Company Number
11812048 (England and Wales)
Registered Office
8 Waddeton Road Paignton Devon TQ4 7GX England
Accountants
M A Walker & Associates Willow Ridge 1 Whitebeam Close Paignton Devon TQ3 3GA
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SARK Solutions Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,073 
1,430 
Current assets
Debtors
18,119 
- 
Cash at bank and in hand
264 
5,003 
18,383 
5,003 
Creditors: amounts falling due within one year
(7,597)
(6,244)
Net current assets/(liabilities)
10,786 
(1,241)
Total assets less current liabilities
11,859 
189 
Creditors: amounts falling due after more than one year
(13,000)
- 
Net (liabilities)/assets
(1,141)
189 
Capital and reserves
Called up share capital
110 
110 
Profit and loss account
(1,251)
79 
Shareholders' funds
(1,141)
189 
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.
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 28 November 2023 and were signed on its behalf by
Stuart Andrew Reginald Kingsley Director Company Registration No. 11812048
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SARK Solutions Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
SARK Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 11812048. The registered office is 8 Waddeton Road, Paignton, Devon, TQ4 7GX, 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.
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:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
2,844 
At 28 February 2023
2,844 
Depreciation
At 1 March 2022
1,414 
Charge for the year
357 
At 28 February 2023
1,771 
Net book value
At 28 February 2023
1,073 
At 28 February 2022
1,430 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
18,119 
- 
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SARK Solutions Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,000 
17,000 
Trade creditors
390 
723 
Taxes and social security
5,207 
5,187 
Loans from directors
- 
(16,666)
7,597 
6,244 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,000 
- 
8
Loans to directors
Loan made to the Director, Mr Stuart Kingsley, during the year and will be repaid within 9 months of the year end.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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