IRIS Accounts Production v24.1.0.578 11148751 director 1.2.22 30.1.23 30.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111487512022-01-31111487512023-01-30111487512022-02-012023-01-30111487512021-01-31111487512021-02-012022-01-31111487512022-01-3111148751ns15:EnglandWales2022-02-012023-01-3011148751ns14:PoundSterling2022-02-012023-01-3011148751ns10:Director12022-02-012023-01-3011148751ns10:PrivateLimitedCompanyLtd2022-02-012023-01-3011148751ns10:SmallEntities2022-02-012023-01-3011148751ns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3011148751ns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3011148751ns10:SmallCompaniesRegimeForAccounts2022-02-012023-01-3011148751ns10:FullAccounts2022-02-012023-01-3011148751ns10:OrdinaryShareClass12022-02-012023-01-3011148751ns10:RegisteredOffice2022-02-012023-01-3011148751ns5:CurrentFinancialInstruments2023-01-3011148751ns5:CurrentFinancialInstruments2022-01-3111148751ns5:Non-currentFinancialInstruments2023-01-3011148751ns5:Non-currentFinancialInstruments2022-01-3111148751ns5:ShareCapital2023-01-3011148751ns5:ShareCapital2022-01-3111148751ns5:RetainedEarningsAccumulatedLosses2023-01-3011148751ns5:RetainedEarningsAccumulatedLosses2022-01-3111148751ns5:ComputerEquipment2022-02-012023-01-3011148751ns5:ComputerEquipment2022-01-3111148751ns5:ComputerEquipment2023-01-3011148751ns5:ComputerEquipment2022-01-3111148751ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3011148751ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3111148751ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-01-3011148751ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-01-3111148751ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-01-3011148751ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-01-3111148751ns10:OrdinaryShareClass12023-01-3011148751ns5:RetainedEarningsAccumulatedLosses2022-01-3111148751ns5:RetainedEarningsAccumulatedLosses2022-02-012023-01-30
REGISTERED NUMBER: 11148751 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 FEBRUARY 2022 TO 30 JANUARY 2023

FOR

SARA-INT RENOVATIONS LTD

SARA-INT RENOVATIONS LTD (REGISTERED NUMBER: 11148751)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2022 TO 30 JANUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SARA-INT RENOVATIONS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 FEBRUARY 2022 TO 30 JANUARY 2023







DIRECTOR: Mr W W Witkowski





REGISTERED OFFICE: 8 Odeon Parade
480 London Road
Isleworth
TW7 4RL





REGISTERED NUMBER: 11148751 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

SARA-INT RENOVATIONS LTD (REGISTERED NUMBER: 11148751)

STATEMENT OF FINANCIAL POSITION
30 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 951 2,115

CURRENT ASSETS
Stocks 5 - 114,459
Debtors 6 25,105 29,586
Cash at bank and in hand (6,071 ) 13,169
19,034 157,214
CREDITORS
Amounts falling due within one year 7 527,707 306,880
NET CURRENT LIABILITIES (508,673 ) (149,666 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(507,722

)

(147,551

)

CREDITORS
Amounts falling due after more than one
year

8

24,071

34,005
NET LIABILITIES (531,793 ) (181,556 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 (531,893 ) (181,656 )
SHAREHOLDERS' FUNDS (531,793 ) (181,556 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 22 April 2024 and were signed by:





Mr W W Witkowski - Director


SARA-INT RENOVATIONS LTD (REGISTERED NUMBER: 11148751)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2022 TO 30 JANUARY 2023

1. STATUTORY INFORMATION

Sara-Int Renovations 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 statement of financial position date.

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.

Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.

Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 3 ) .

SARA-INT RENOVATIONS LTD (REGISTERED NUMBER: 11148751)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 FEBRUARY 2022 TO 30 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2022
and 30 January 2023 3,528
DEPRECIATION
At 1 February 2022 1,413
Charge for period 1,164
At 30 January 2023 2,577
NET BOOK VALUE
At 30 January 2023 951
At 31 January 2022 2,115

5. STOCKS
2023 2022
£    £   
Work-in-progress - 114,459

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,622 21,065
Other debtors (19,263 ) 8,521
Directors' current account 15,746 -
25,105 29,586

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 9,934 9,689
Trade creditors 492,027 246,673
Tax 3,581 3,581
Social security and other taxes 3,027 3,825
CIS payable (579 ) 14,920
Pensions payable 26 233
VAT 6,059 8,556
Other creditors 800 -
Net wages - 3,736
Credit card 9,839 9,505
Directors' current account - 4,312
Accrued expenses 2,993 1,850
527,707 306,880

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 24,071 34,005

SARA-INT RENOVATIONS LTD (REGISTERED NUMBER: 11148751)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 FEBRUARY 2022 TO 30 JANUARY 2023

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,934 9,689

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,185 9,934

Amounts falling due between two and five years:
Bank loans - 2-5 years 13,886 24,071

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 February 2022 (181,656 )
Deficit for the period (350,237 )
At 30 January 2023 (531,893 )

12. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £-19,263 (2022: £8,521) due by companies in which the director has a material interest.

Included in creditors is an amount of £182,000 (2022: £18,000) due to companies in which the director has a material interest.