Company Registration No. 12483420 (England and Wales)
Sahin Group Ltd
Unaudited accounts
for the period from 1 March 2022 to 27 February 2023
Sahin Group Ltd
Unaudited accounts
Contents
Sahin Group Ltd
Company Information
for the period from 1 March 2022 to 27 February 2023
Company Number
12483420 (England and Wales)
Registered Office
254-256 HERTFORD ROAD
ENFIELD
UNITED KINGDOM
EN3 5BL
ENGLAND
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Sahin Group Ltd
Statement of financial position
as at 27 February 2023
Cash at bank and in hand
-
20
Creditors: amounts falling due within one year
(16,669)
(13,041)
Net current liabilities
(16,669)
(13,021)
Net liabilities
(16,669)
(13,021)
Called up share capital
1,200
1,200
Profit and loss account
(17,869)
(14,221)
Shareholders' funds
(16,669)
(13,021)
For the period ending 27 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 8 February 2024 and were signed on its behalf by
Mr Idris Sahin
Director
Company Registration No. 12483420
Sahin Group Ltd
Notes to the Accounts
for the period from 1 March 2022 to 27 February 2023
Sahin Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12483420. The registered office is 254-256 HERTFORD ROAD, ENFIELD, UNITED KINGDOM, EN3 5BL, 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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
16,419
12,791
Allotted, called up and fully paid:
1,200 Ordinary shares of £1 each
1,200
1,200
6
Transactions with related parties
Included within other creditors is an amount of £16,419 (2022;£12,791) due to its director. There are no terms as to interest or repayment in respect of this balance.
7
Average number of employees
During the period the average number of employees was 1 (2022: 0).