1 July 2022 v2024.6.1 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP040156292022-07-012023-06-30040156292023-06-30040156292022-06-3004015629core:WithinOneYear2023-06-3004015629core:WithinOneYear2022-06-3004015629bus:RegisteredOffice2022-07-012023-06-30040156292021-07-012022-06-3004015629bus:Director12022-07-012023-06-300401562912022-07-012023-06-3004015629countries:EnglandWales2022-07-012023-06-3004015629bus:AuditExemptWithAccountantsReport2022-07-012023-06-3004015629bus:PrivateLimitedCompanyLtd2022-07-012023-06-3004015629bus:Micro-entities2022-07-012023-06-3004015629bus:FullAccounts2022-07-012023-06-30
Company registration number:
04015629
Saros Research Limited
Unaudited Filleted Financial Statements for the year ended
30 June 2023
Saros Research Limited
Statement of Financial Position
30 June 2023
20232022
££
Fixed assets
632
 
1,525
 
   
Current assets
15,457
 
20,445
 
Prepayments and accrued income
280
 
1,295
 
Creditors: amounts falling due within one year
(73,148
)
(66,397
)
Net current liabilities
(57,411
)
(44,657
)
Total assets less current liabilities
(56,779
)
(43,132
)
Accruals and deferred income
(20,338
)
(16,243
)
Net liabilities
(77,117
)
(59,375
)
   
Capital and reserves
(77,117
)
(59,375
)

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
71-75 Shelton Street
,
London
,
WC2H 9JQ
, United Kingdom.
All amounts in these financial statements are in GBP.

2 Average number of employees

The average number of persons employed by the company during the year was
5
(2022:
4.00
).

3 Guarantees and other financial commitments

The company has given a cross guarantee, limited to £75,000, to its banker in respect of bank borrowing and overdraft facilities available to Green Light Research Ltd, its parent company. The guarantee is secured by a debenture over the company's assets.
For the year ending
30 June 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
1 March 2024
, and are signed on behalf of the board by:
Fiona Jack
Director
Company registration number:
04015629