1 June 2022 false No description of principal activity Taxfiler 2023.12 08076134business:PrivateLimitedCompanyLtd2022-06-012023-05-31 080761342022-05-31 080761342022-06-012023-05-31 08076134business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 08076134business:FilletedAccounts2022-06-012023-05-31 080761342023-05-31 08076134business:Director12022-06-012023-05-31 08076134business:RegisteredOffice2022-06-012023-05-31 080761342022-05-31 08076134core:WithinOneYear2023-05-31 08076134core:WithinOneYear2022-05-31 08076134core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 08076134core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 08076134core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 08076134core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 08076134core:PreviouslyStatedAmount2023-05-31 08076134core:PreviouslyStatedAmount2022-05-31 08076134business:SmallEntities2022-06-012023-05-31 08076134countries:EnglandWales2022-06-012023-05-31 08076134core:MotorVehicles2022-06-012023-05-31 08076134core:FurnitureFittings2022-06-012023-05-31 08076134core:MotorVehicles2022-05-31 08076134core:FurnitureFittings2022-05-31 08076134core:MotorVehicles2023-05-31 08076134core:FurnitureFittings2023-05-31 080761342021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 08076134 (England and Wales)
SAP IT Solutions LTD Unaudited accounts for the year ended 31 May 2023
SAP IT Solutions LTD Unaudited accounts Contents
Page
- 2 -
SAP IT Solutions LTD Company Information for the year ended 31 May 2023
Director
Asif Patel
Company Number
08076134 (England and Wales)
Registered Office
57 Boulevard Preston Lancashire PR1 4PH uk
- 3 -
SAP IT Solutions LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,287 
4,708 
Current assets
Cash at bank and in hand
55,932 
26,881 
Creditors: amounts falling due within one year
(49,705)
(26,114)
Net current assets
6,227 
767 
Net assets
10,514 
5,475 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
10,314 
5,275 
Shareholders' funds
10,514 
5,475 
For the year ending 31 May 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 13 February 2024 and were signed on its behalf by
Asif Patel Director Company Registration No. 08076134
- 4 -
SAP IT Solutions LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
SAP IT Solutions LTD is a private company, limited by shares, registered in England and Wales, registration number 08076134. The registered office is 57 Boulevard, Preston, Lancashire, PR1 4PH, uk.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
5,697 
10,165 
15,862 
Additions
- 
612 
612 
At 31 May 2023
5,697 
10,777 
16,474 
Depreciation
At 1 June 2022
5,084 
6,070 
11,154 
Charge for the year
92 
941 
1,033 
At 31 May 2023
5,176 
7,011 
12,187 
Net book value
At 31 May 2023
521 
3,766 
4,287 
At 31 May 2022
613 
4,095 
4,708 
- 5 -
SAP IT Solutions LTD Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,651 
2,403 
Trade creditors
18,925 
- 
Taxes and social security
5,798 
4,014 
Other creditors
3,214 
2,263 
Loans from directors
20,117 
17,434 
49,705 
26,114 
6
Average number of employees
During the year the average number of employees was 1 (2022: 0).
- 6 -