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Company Registration No. 8266466 (England and Wales)
Sagars 365 Limited Unaudited accounts for the year ended 31 March 2024
Sagars 365 Limited Unaudited accounts Contents
Page
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Sagars 365 Limited Company Information for the year ended 31 March 2024
Directors
Nicolas Berard Dinah Berard
Company Number
8266466 (England and Wales)
Registered Office
Unit 7, Lawkholme Lane Industrial Estate East Avenue Keighley BD21 3JX
Accountants
Dawn Jeffery Aireside Accounting Ltd 11 Heron Close Steeton BD20 6UN
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Sagars 365 Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
19,860 
- 
Tangible assets
114,301 
37,571 
134,161 
37,571 
Current assets
Inventories
26,000 
64,091 
Debtors
38,847 
822,906 
Cash at bank and in hand
76,202 
94,853 
141,049 
981,850 
Creditors: amounts falling due within one year
(128,807)
(248,065)
Net current assets
12,242 
733,785 
Total assets less current liabilities
146,403 
771,356 
Creditors: amounts falling due after more than one year
(60,927)
(32,389)
Net assets
85,476 
738,967 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
85,456 
738,947 
Shareholders' funds
85,476 
738,967 
For the year ending 31 March 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 20 April 2024 and were signed on its behalf by
Nicolas Berard Director Company Registration No. 8266466
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Sagars 365 Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sagars 365 Limited is a private company, limited by shares, registered in England and Wales, registration number 8266466. The registered office is Unit 7, Lawkholme Lane Industrial Estate, East Avenue, Keighley, BD21 3JX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
- 
Additions
19,860 
At 31 March 2024
19,860 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
19,860 
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Sagars 365 Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
66,565 
Additions
108,939 
At 31 March 2024
175,504 
Depreciation
At 1 April 2023
28,994 
Charge for the year
32,209 
At 31 March 2024
61,203 
Net book value
At 31 March 2024
114,301 
At 31 March 2023
37,571 
6
Loans to directors
Director Loan account representing advanced dividend taken throughout the year.
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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