2022-11-01 09282676 2023-10-31 09282676 2022-11-01 2023-10-31 09282676 2022-10-31 09282676 2021-11-01 2022-10-31 09282676 uk-core:WithinOneYear 2022-10-31 09282676 uk-core:WithinOneYear 2023-10-31 09282676 uk-core:AfterOneYear 2022-10-31 09282676 uk-core:AfterOneYear 2023-10-31 09282676 uk-core:ShareCapital 2023-10-31 09282676 uk-core:ShareCapital 2022-10-31 09282676 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 09282676 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 09282676 uk-bus:Director1 2022-11-01 2023-10-31 09282676 uk-core:ComputerEquipment 2022-11-01 2023-10-31 09282676 uk-core:CommercialMotorVehicles 2022-11-01 2023-10-31 09282676 uk-core:ComputerEquipment 2022-10-31 09282676 uk-core:CommercialMotorVehicles 2022-10-31 09282676 uk-core:CommercialMotorVehicles 2023-10-31 09282676 uk-core:ComputerEquipment 2023-10-31 09282676 uk-core:WithinOneYear uk-core:Secured 2023-10-31 09282676 uk-core:WithinOneYear uk-core:Secured 2022-10-31 09282676 uk-core:WithinOneYear 2023-10-31 09282676 uk-core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure 09282676 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 09282676 uk-bus:FRS102 2022-11-01 2023-10-31 09282676 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 09282676 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Sasauto Parts & Accessories Ltd
Registered Number:09282676
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2023
Sasauto Parts & Accessories Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
09282676
As at 31 October 2023
Sasauto Parts & Accessories Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,908
2,880
2
1,908
2,880
Current assets
Inventories
62,694
69,373
3
Trade and other receivables
14,960
43,046
4
16,408
Cash and cash equivalents
20,476
132,895
94,062
Trade and other payables: amounts falling due within one
year
(31,900)
(41,580)
5
62,162
91,315
Net current assets
Total assets less current liabilities
93,223
65,042
Trade and other payables: amounts falling due after more
than one year
(8,293)
(5,707)
6
87,516
Net assets
56,749
Capital and reserves
Called up share capital
2
2
Retained earnings
87,514
56,747
87,516
56,749
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Tomasz Sas Director
These financial statements were approved and authorised for issue by the Board on 23 April 2024 and were signed by:
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4
Registered Number :
09282676
For the year ended 31 October 2023
Sasauto Parts & Accessories Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 October 2023
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements
Statutory Information
Sasauto Parts & Accessories Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09282676.
Registered address:
185 Forum House Empire Way
Wembley
London
HA9 0HL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
30 % Straight line
Computer Equipment
20% Straight line
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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6
For the year ended 31 October 2023
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 November 2022
7,200
-
7,200
567
567
-
Additions
At 31 October 2023
7,200
567
7,767
Provision for depreciation and impairment
At 01 November 2022
4,320
-
4,320
Charge for year
1,539
99
1,440
At 31 October 2023
5,859
99
5,760
At 31 October 2023
Net book value
1,440
468
1,908
At 31 October 2022
2,880
-
2,880
3. Inventories
2022
2023
£
£
Stocks
69,373
62,694
4. Trade and other receivables
2022
2023
£
£
Trade debtors
42,941
5,936
Other debtors
105
9,024
14,960
43,046
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7
For the year ended 31 October 2023
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
2,793
3,000
Bank loans and overdraft
1,783
3,274
Trade creditors
586
-
Taxation and social security
14,927
3,838
Other creditors
21,491
21,788
41,580
31,900
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
5,707
8,293
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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