2023-01-01 05177753 2023-12-31 05177753 2023-01-01 2023-12-31 05177753 2022-12-31 05177753 2022-01-01 2022-12-31 05177753 uk-core:WithinOneYear 2022-12-31 05177753 uk-core:WithinOneYear 2023-12-31 05177753 uk-core:ShareCapital 2023-12-31 05177753 uk-core:ShareCapital 2022-12-31 05177753 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05177753 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 05177753 uk-bus:Director1 2023-01-01 2023-12-31 05177753 uk-core:OfficeEquipment 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 05177753 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05177753 uk-bus:FRS102 2023-01-01 2023-12-31 05177753 uk-bus:FullAccounts 2023-01-01 2023-12-31 05177753 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
SALE & SALE COMPANY LIMITED
Registered Number:05177753
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2023
SALE & SALE COMPANY LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
05177753
As at 31 December 2023
SALE & SALE COMPANY LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
286
430
286
430
Current assets
Trade and other receivables
961
4,479
2
13,803
Cash and cash equivalents
37,039
41,518
14,764
Trade and other payables: amounts falling due within one
year
(1,917)
(20,535)
3
12,847
20,983
Net current assets
Total assets less current liabilities
21,269
13,277
21,269
Net assets
13,277
Capital and reserves
Called up share capital
4
4
Retained earnings
21,265
13,273
21,269
13,277
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J SALE Director
These financial statements were approved and authorised for issue by the Board on 01 February 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 December 2023
SALE & SALE COMPANY LIMITED
Notes to the Financial Statements
Statutory Information
SALE & SALE COMPANY LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05177753.
Registered address:
Bower & Bailey LLP
Anchor House
269 Banbury Road
Oxon
OX2 7JF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20%
Office equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
3,425
-
Other debtors
1,054
961
961
4,479
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
692
614
Taxation and social security
2,030
-
Other creditors
17,813
1,303
20,535
1,917
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5
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For the year ended 31 December 2023
SALE & SALE COMPANY LIMITED
Notes to the Financial Statements Continued
4. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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