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REGISTERED NUMBER: 05710002 (England and Wales)















Saira Khan Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Saira Khan Limited (Registered number: 05710002)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Saira Khan Limited

Company Information
for the year ended 31 December 2023







Director: S Hyde





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 05710002 (England and Wales)

Saira Khan Limited (Registered number: 05710002)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 184,262 203,278

Current assets
Debtors 5 13,160 6,177
Cash at bank - 10,367
13,160 16,544
Creditors
Amounts falling due within one year 6 77,326 88,832
Net current liabilities (64,166 ) (72,288 )
Total assets less current liabilities 120,096 130,990

Capital and reserves
Called up share capital 7 200 200
Retained earnings 8 119,896 130,790
Shareholders' funds 120,096 130,990

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

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 director acknowledges her 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.

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 director and authorised for issue on 1 March 2024 and were signed by:





S Hyde - Director


Saira Khan Limited (Registered number: 05710002)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

Saira Khan 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.

Turnover
Turnover is measures at the fair value of the consideration receivable or received, excluding discounts, rebates, value added tax and other sales tax.

Basic financial instruments

Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of instrument for a similar debt instrument.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the companies cash management are included as a component of cash and cash equivalents for the purpose only of the cashflow statement.

Going concern
The current economic conditions present increased risks for all businesses. In response to such conditions, the director has carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future as it is funded by loans from the director and he has no current intention to require repayment. For this reason, she continues to adopt the going concern basis in preparing the financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% reducing balance
Plant and machinery - 5% reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

Saira Khan Limited (Registered number: 05710002)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. Tangible fixed assets
Fixtures
Short and
leasehold fittings Totals
£ £ £
Cost
At 1 January 2023
and 31 December 2023 206,357 148,011 354,368
Depreciation
At 1 January 2023 47,336 103,754 151,090
Charge for year 7,951 11,065 19,016
At 31 December 2023 55,287 114,819 170,106
Net book value
At 31 December 2023 151,070 33,192 184,262
At 31 December 2022 159,021 44,257 203,278

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 3,160 6,177
Other debtors 10,000 -
13,160 6,177

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 28,349 2,898
Trade creditors - 1,455
Taxation and social security 14,956 24,532
Other creditors 34,021 59,947
77,326 88,832

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
200 Ordinary £1 200 200

Saira Khan Limited (Registered number: 05710002)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


8. Reserves
Retained
earnings
£

At 1 January 2023 130,790
Deficit for the year (10,894 )
At 31 December 2023 119,896