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
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
SARK Solutions Limited
Statement of financial position
as at 28 February 2023
Tangible assets
1,073
1,430
Cash at bank and in hand
264
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
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
SARK Solutions Limited
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
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
Computer equipment
Amounts falling due after more than one year
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
Taxes and social security
5,207
5,187
Loans from directors
-
(16,666)
7
Creditors: amounts falling due after more than one year
2023
2022
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).