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Company Registration No. 08141192 (England and Wales)
Sag3 Limited Unaudited accounts for the year ended 31 July 2023
Sag3 Limited Unaudited accounts Contents
Page
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Sag3 Limited Company Information for the year ended 31 July 2023
Director
G A Berry
Company Number
08141192 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN United Kingdom
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Sag3 Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,033 
1,148 
Current assets
Debtors
27,171 
9,795 
Cash at bank and in hand
2,531 
79 
29,702 
9,874 
Creditors: amounts falling due within one year
(17,891)
608 
Net current assets
11,811 
10,482 
Total assets less current liabilities
12,844 
11,630 
Provisions for liabilities
Deferred tax
(196)
(218)
Net assets
12,648 
11,412 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
12,647 
11,411 
Shareholders' funds
12,648 
11,412 
For the year ending 31 July 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 9 April 2024 and were signed on its behalf by
G A Berry Director Company Registration No. 08141192
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Sag3 Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Sag3 Limited is a private company, limited by shares, registered in England and Wales, registration number 08141192. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
4,603 
At 31 July 2023
4,603 
Depreciation
At 1 August 2022
3,455 
Charge for the year
115 
At 31 July 2023
3,570 
Net book value
At 31 July 2023
1,033 
At 31 July 2022
1,148 
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Sag3 Limited Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,294 
- 
Other debtors
19,877 
9,795 
27,171 
9,795 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,852 
- 
Trade creditors
430 
288 
Taxes and social security
515 
(896)
Other creditors
4,638 
- 
Accruals
2,456 
- 
17,891 
(608)
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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