Company Registration No. 12753353 (England and Wales)
SAI CA Properties Ltd
Unaudited accounts
for the year ended 31 July 2023
SAI CA Properties Ltd
Unaudited accounts
Contents
SAI CA Properties Ltd
Company Information
for the year ended 31 July 2023
Secretary
Mrs. Chanda MEHAN
Company Number
12753353 (England and Wales)
Registered Office
C/O METROPOLITAN ACCOUNTANTS LTD PHOENIX
ROSSLYN CRESCENT
HARROW
HA1 2SP
ENGLAND
Accountants
Metropolitan Accountants Ltd
Phoenix Business Centre
Office 10, Rosslyn Crescent
Harrow
Middlesex
HA1 2SP
SAI CA Properties Ltd
Statement of financial position
as at 31 July 2023
Investment property
415,090
415,090
Cash at bank and in hand
1,197
798
Creditors: amounts falling due within one year
(39,206)
(34,570)
Net current liabilities
(38,009)
(33,772)
Total assets less current liabilities
377,081
381,318
Creditors: amounts falling due after more than one year
(359,435)
(365,690)
Called up share capital
101
101
Profit and loss account
17,545
15,527
Shareholders' funds
17,646
15,628
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 22 April 2024 and were signed on its behalf by
Mr. Anil MEHAN
Director
Company Registration No. 12753353
SAI CA Properties Ltd
Notes to the Accounts
for the year ended 31 July 2023
SAI CA Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12753353. The registered office is C/O METROPOLITAN ACCOUNTANTS LTD PHOENIX, ROSSLYN CRESCENT, HARROW, HA1 2SP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 August 2022
415,090
Investment properties are valued at the cost price.
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,610
14,610
Taxes and social security
19
-
Other creditors
2,625
3,000
Loans from directors
20,682
13,946
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
209,435
215,690
Loans from directors
150,000
150,000
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).