IRIS Accounts Productionv23.3.1.4501369186Board of Directors1.8.2231.7.2331.7.23falsetruefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013691862022-07-31013691862023-07-31013691862022-08-012023-07-31013691862021-07-31013691862021-08-012022-07-31013691862022-07-3101369186ns10:Originalns15:EnglandWales2022-08-012023-07-3101369186ns14:PoundSterlingns10:Original2022-08-012023-07-3101369186ns10:Originalns10:Director12022-08-012023-07-3101369186ns10:Original2022-08-012023-07-3101369186ns10:Original2023-07-3101369186ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3101369186ns10:Originalns10:SmallEntities2022-08-012023-07-3101369186ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3101369186ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3101369186ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3101369186ns10:Originalns10:FullAccounts2022-08-012023-07-3101369186ns10:Originalns10:Director22022-08-012023-07-3101369186ns10:Originalns10:Director32022-08-012023-07-3101369186ns10:CompanySecretary1ns10:Original2022-08-012023-07-3101369186ns10:Originalns10:RegisteredOffice2022-08-012023-07-3101369186ns10:Original2022-07-3101369186ns10:Originalns5:CurrentFinancialInstruments2023-07-3101369186ns10:Originalns5:CurrentFinancialInstruments2022-07-3101369186ns10:Originalns5:Non-currentFinancialInstruments2023-07-3101369186ns10:Originalns5:Non-currentFinancialInstruments2022-07-3101369186ns5:ShareCapitalns10:Original2023-07-3101369186ns5:ShareCapitalns10:Original2022-07-3101369186ns10:Originalns5:RevaluationReserve2023-07-3101369186ns10:Originalns5:RevaluationReserve2022-07-3101369186ns10:Originalns5:CapitalRedemptionReserve2023-07-3101369186ns10:Originalns5:CapitalRedemptionReserve2022-07-3101369186ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3101369186ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3101369186ns10:Original2021-08-012022-07-3101369186ns10:Originalns5:LandBuildings2022-07-3101369186ns10:Originalns5:FurnitureFittings2022-07-3101369186ns10:Originalns5:ComputerEquipment2022-07-3101369186ns10:Original2022-07-3101369186ns10:Originalns5:LandBuildings2022-08-012023-07-3101369186ns10:Originalns5:FurnitureFittings2022-08-012023-07-3101369186ns10:Originalns5:ComputerEquipment2022-08-012023-07-3101369186ns10:Originalns5:LandBuildings2023-07-3101369186ns10:Originalns5:FurnitureFittings2023-07-3101369186ns10:Originalns5:ComputerEquipment2023-07-3101369186ns10:Originalns5:LandBuildings2022-07-3101369186ns10:Originalns5:FurnitureFittings2022-07-3101369186ns10:Originalns5:ComputerEquipment2022-07-3101369186ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3101369186ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3101369186ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3101369186ns10:Originalns5:RevaluationReserve2022-07-3101369186ns10:Originalns5:CapitalRedemptionReserve2022-07-3101369186ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31

REGISTERED NUMBER: 01369186 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 July 2023

for


Sara Leigh Products Limited


Sara Leigh Products Limited (Registered number: 01369186)







Contents of the Financial Statements

for the Year Ended 31 July 2023





Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

4




Sara Leigh Products Limited


Company Information

for the Year Ended 31 July 2023









DIRECTORS:

Mr M M Pevy


Mrs L Pevy


Mr L D Pevy







SECRETARY:

Mrs L Pevy







REGISTERED OFFICE:

Apartment 7


84 Beech Lane


Liverpool


L18 3ER







REGISTERED NUMBER:

01369186 (England and Wales)







ACCOUNTANTS:

Haines Watts


3rd Floor Pacific Chambers


11-13 Victoria Street


Liverpool


Merseyside


L2 5QQ


Sara Leigh Products Limited (Registered number: 01369186)


Balance Sheet

31 July 2023


31.7.23

31.7.22



Notes

£

£

£

£

FIXED ASSETS

Tangible assets

4

4,138,663


2,540,327




CURRENT ASSETS

Debtors

5

(2,936

)

8,543



Cash at bank and in hand

1,111,867


2,130,783



1,108,931


2,139,326



CREDITORS

Amounts falling due within one year

6

443,059


867,766



NET CURRENT ASSETS

665,872


1,271,560



TOTAL ASSETS LESS CURRENT

LIABILITIES

4,804,535


3,811,887




CREDITORS

Amounts falling due after more than one

year

7

3,630,346


1,663,580



NET ASSETS

1,174,189


2,148,307




CAPITAL AND RESERVES

Called up share capital

85


85



Revaluation reserve

8

382,922


382,922



Capital redemption reserve

8

15


15



Retained earnings

8

791,167


1,765,285



SHAREHOLDERS' FUNDS

1,174,189


2,148,307




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.  


The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.  


The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.


Sara Leigh Products Limited (Registered number: 01369186)


Balance Sheet - continued

31 July 2023



The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.  


In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.


The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:






Mr L D Pevy - Director



Sara Leigh Products Limited (Registered number: 01369186)


Notes to the Financial Statements

for the Year Ended 31 July 2023


1.

STATUTORY INFORMATION



Sara Leigh Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.


2.

ACCOUNTING POLICIES



Basis of preparing the financial statements


These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.    



Turnover


This relates to Rental income received during the year.



Fixed asset investments


Fixed Asset Investments are stated at cost and market values


3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 3 (2022 - 3 ) .


4.

TANGIBLE FIXED ASSETS

Fixtures


Freehold

and

Computer


property

fittings

equipment

Totals



£

£

£

£


COST OR VALUATION


At 1 August 2022

2,539,625


-


2,937


2,542,562




Additions

1,596,903


1,100


1,600


1,599,603




Disposals

-


-


(2,937

)

(2,937

)



At 31 July 2023

4,136,528


1,100


1,600


4,139,228




DEPRECIATION


At 1 August 2022

-


-


2,235


2,235




Charge for year

-


165


400


565




Eliminated on disposal

-


-


(2,235

)

(2,235

)



At 31 July 2023

-


165


400


565




NET BOOK VALUE


At 31 July 2023

4,136,528


935


1,200


4,138,663




At 31 July 2022

2,539,625


-


702


2,540,327




The Director is of the opinion that the values of all the properties owned by the company are correctly stated in the accounts.


Sara Leigh Products Limited (Registered number: 01369186)


Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


4.

TANGIBLE FIXED ASSETS - continued



Cost or valuation at 31 July 2023 is represented by:


Fixtures


Freehold

and

Computer


property

fittings

equipment

Totals



£

£

£

£


Valuation in 2021

382,922


-


-


382,922




Cost

3,753,606


1,100


1,600


3,756,306



4,136,528


1,100


1,600


4,139,228




5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


31.7.23

31.7.22



£

£


Trade debtors

(2,936

)

43




Prepayments & accrued income

-


8,500



(2,936

)

8,543




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


31.7.23

31.7.22



£

£


Trade creditors

440


470




Tax

5,614


6,346




Directors' loan accounts

434,805


858,750




Accruals and deferred income

2,200


2,200



443,059


867,766




7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR


31.7.23

31.7.22



£

£


Other creditors

3,630,346


1,663,580




8.

RESERVES

Capital


Retained

Revaluation

redemption


earnings

reserve

reserve

Totals



£

£

£

£



At 1 August 2022

1,765,285


382,922


15


2,148,222




Profit for the year

25,882


25,882




Dividends

(1,000,000

)

(1,000,000

)



At 31 July 2023

791,167


382,922


15


1,174,104




Sara Leigh Products Limited (Registered number: 01369186)


Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


9.

ULTIMATE CONTROLLING PARTY



Mr L D Pevy owns 100% of the issued share capital of the company and is thus the controlling party.