Company registration number 12180616 (England and Wales)
SAR GLOBAL INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
SAR GLOBAL INVESTMENTS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET
AS AT
27 FEBRUARY 2023
27 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investment properties
2
1,412,761
1,412,761
Current assets
Debtors
3
6,620
6,858
Cash at bank and in hand
25,797
31,643
32,417
38,501
Creditors: amounts falling due within one year
4
(15,391)
(26,071)
Net current assets
17,026
12,430
Total assets less current liabilities
1,429,787
1,425,191
Creditors: amounts falling due after more than one year
5
(1,384,303)
(1,404,674)
Net assets
45,484
20,517
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss reserves
44,484
19,517
Total equity
45,484
20,517

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 27 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

The financial statements were approved by the board of directors and authorised for issue on 16 February 2024 and are signed on its behalf by:
Mr R Snelson
Mrs S J Snelson
Director
Director
Company Registration No. 12180616
SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2023
27 February 2023
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2023
27 February 2023
- 3 -
2
Investment property
2023
£
Fair value
At 28 February 2022 and 27 February 2023
1,412,761

Investment property comprises the original purchase price and refurbishment costs of properties purchased in the first period of account. The directors are satisfied that the combined purchase and refurbishment costs equate to fair market value at the balance sheet date.

3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
722
-
0
Other debtors
5,898
6,858
6,620
6,858
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
65
(94)
Taxation and social security
8,370
4,441
Other creditors
6,956
21,724
15,391
26,071
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
44,304
404,674
Other creditors
1,339,999
1,000,000
1,384,303
1,404,674
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of £1 each
500
500
500
500
B Ordinary shares of £1 each
500
500
500
500
1,000
1,000
1,000
1,000
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