SBA TAX & ACCOUNTANCY LTD

Company Registration Number:
08676406 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SBA TAX & ACCOUNTANCY LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SBA TAX & ACCOUNTANCY LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,707 1,407
Total fixed assets: 1,707 1,407
Current assets
Debtors:   14,778 11,583
Cash at bank and in hand: 51,202 30,130
Total current assets: 65,980 41,713
Creditors: amounts falling due within one year:   (45,046) (40,332)
Net current assets (liabilities): 20,934 1,381
Total assets less current liabilities: 22,641 2,788
Total net assets (liabilities): 22,641 2,788
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 22,441 2,588
Shareholders funds: 22,641 2,788

The notes form part of these financial statements

SBA TAX & ACCOUNTANCY LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: S Barrett
Status: Director

The notes form part of these financial statements

SBA TAX & ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SBA TAX & ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

SBA TAX & ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 2,789
Additions 863
At 31 October 2023 3,652
Depreciation
At 01 November 2022 1,382
Charge for year 563
At 31 October 2023 1,945
Net book value
At 31 October 2023 1,707
At 31 October 2022 1,407

SBA TAX & ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Loans to directors

Name of director receiving advance or credit: S Barrett
Description of the loan: Loan to director, interest free.
£
Balance at 01 November 2022 5,000
Balance at 31 October 2023 5,000