SARASOZA LIMITED

Company Registration Number:
04386100 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SARASOZA LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SARASOZA LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 90 121
Investments: 4 617,566 617,566
Total fixed assets: 617,656 617,687
Current assets
Stocks: 1,107,477 1,068,362
Debtors:   2,620 162,947
Cash at bank and in hand: 2,492 4,348
Total current assets: 1,112,589 1,235,657
Creditors: amounts falling due within one year:   (2,041,138) (2,335,470)
Net current assets (liabilities): (928,549) (1,099,813)
Total assets less current liabilities: (310,893) (482,126)
Creditors: amounts falling due after more than one year:   (243,156) (272,405)
Total net assets (liabilities): (554,049) (754,531)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (554,053) (754,535)
Shareholders funds: (554,049) (754,531)

The notes form part of these financial statements

SARASOZA LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 December 2023
and signed on behalf of the board by:

Name: C Bambage
Status: Director

The notes form part of these financial statements

SARASOZA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows, fixtures and fittings 25% per annum on cost, equipment 25% reducing balance.

Other accounting policies

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

SARASOZA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

SARASOZA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 20,302
At 31 March 2023 20,302
Depreciation
At 01 April 2022 20,181
Charge for year 31
At 31 March 2023 20,212
Net book value
At 31 March 2023 90
At 31 March 2022 121

SARASOZA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment in subsidiary cost at 1 April 2022 and 31 March 2023 £5. Loan to participating interest at 1 April 2022 and 31 March 2023 £617,561. The company owns 100% of the issued share capital of Allerton Hill (CB) Limited, Allerton Hill (CY) Limited and Allerton Hill (BH) Limited. These companies are registered in England and Wales. At the company's balance sheet date 31 March 2023 the net assets amounted to £2 Allerton Hill (CB) Limited and Allerton Hill (BH) Limited and £1 for Allerton Hill (CY) Limited.