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REGISTERED NUMBER: 06694733 (England and Wales)















Financial Statements for the Year Ended 28 September 2022

for

SABZ LTD

SABZ LTD (Registered number: 06694733)






Contents of the Financial Statements
for the Year Ended 28 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

SABZ LTD

Company Information
for the Year Ended 28 September 2022







DIRECTORS: S Nazir
A Rafique





REGISTERED OFFICE: 60-62 The Wicker
Sheffield
Yorkshire
S3 8JD





REGISTERED NUMBER: 06694733 (England and Wales)





ACCOUNTANTS: A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS

SABZ LTD (Registered number: 06694733)

Balance Sheet
28 September 2022

28.9.22 28.9.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,344 12,932
Tangible assets 5 206,363 193,334
216,707 206,266

CURRENT ASSETS
Stocks 11,212 12,500
Debtors 6 20,182 19,099
Cash at bank and in hand 55,679 187,256
87,073 218,855
CREDITORS
Amounts falling due within one year 7 246,120 242,272
NET CURRENT LIABILITIES (159,047 ) (23,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,660

182,849

CREDITORS
Amounts falling due after more than one year 8 7,062 10,819
NET ASSETS 50,598 172,030

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,498 171,930
SHAREHOLDERS' FUNDS 50,598 172,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 2022 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.

SABZ LTD (Registered number: 06694733)

Balance Sheet - continued
28 September 2022


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 22 December 2023 and were signed on its behalf by:





S Nazir - Director


SABZ LTD (Registered number: 06694733)

Notes to the Financial Statements
for the Year Ended 28 September 2022

1. STATUTORY INFORMATION

SABZ LTD 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.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued support of the director. The creditors include a balance of £73,226 owed to the director (Mr I Rafique) who has confirmed that this debt will not be demanded in the foreseeable future.
Therefore, in light of the above the directors consider that it is appropriate to prepare the financial statements on a going concern basis.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


SABZ LTD (Registered number: 06694733)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2021 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 September 2021
and 28 September 2022 51,750
AMORTISATION
At 29 September 2021 38,818
Charge for year 2,588
At 28 September 2022 41,406
NET BOOK VALUE
At 28 September 2022 10,344
At 28 September 2021 12,932

SABZ LTD (Registered number: 06694733)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2022

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 29 September 2021 145,728 231,667 67,742 31,020 476,157
Additions - - 34,418 - 34,418
At 28 September 2022 145,728 231,667 102,160 31,020 510,575
DEPRECIATION
At 29 September 2021 81,172 131,762 51,127 18,762 282,823
Charge for year 7,286 9,990 1,661 2,452 21,389
At 28 September 2022 88,458 141,752 52,788 21,214 304,212
NET BOOK VALUE
At 28 September 2022 57,270 89,915 49,372 9,806 206,363
At 28 September 2021 64,556 99,905 16,615 12,258 193,334

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.22 28.9.21
£    £   
Trade debtors 18,182 -
Other debtors 2,000 19,099
20,182 19,099

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.22 28.9.21
£    £   
Bank loans and overdrafts 11,385 14,719
Trade creditors 15,523 15,523
Taxation and social security 102,014 50,045
Other creditors 117,198 161,985
246,120 242,272

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.9.22 28.9.21
£    £   
Hire purchase contracts 7,062 10,819

9. ULTIMATE CONTROLLING PARTY

The directors control all of the share capital of the company.

SABZ LTD

Report of the Accountants to the Directors of
SABZ LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 September 2022 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS


22 December 2023