1 December 2022 false No description of principal activity Taxfiler 2024.5 11691368business:PrivateLimitedCompanyLtd2022-12-012023-11-30 116913682022-11-30 116913682022-12-012023-11-30 11691368business:AuditExemptWithAccountantsReport2022-12-012023-11-30 11691368business:FilletedAccounts2022-12-012023-11-30 116913682023-11-30 11691368business:Director12022-12-012023-11-30 11691368business:RegisteredOffice2022-12-012023-11-30 116913682022-11-30 11691368core:WithinOneYear2023-11-30 11691368core:WithinOneYear2022-11-30 11691368core:AfterOneYear2023-11-30 11691368core:AfterOneYear2022-11-30 11691368core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11691368core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11691368core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11691368core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11691368core:PreviouslyStatedAmount2023-11-30 11691368core:PreviouslyStatedAmount2022-11-30 11691368business:SmallEntities2022-12-012023-11-30 11691368countries:EnglandWales2022-12-012023-11-30 11691368core:LandBuildings2022-12-012023-11-30 11691368core:PlantMachinery2022-12-012023-11-30 11691368core:FurnitureFittings2022-12-012023-11-30 11691368core:LandBuildings2022-11-30 11691368core:PlantMachinery2022-11-30 11691368core:FurnitureFittings2022-11-30 11691368core:LandBuildings2023-11-30 11691368core:PlantMachinery2023-11-30 11691368core:FurnitureFittings2023-11-30 11691368business:OrdinaryShareClass12022-12-012023-11-30 11691368business:OrdinaryShareClass12021-12-012022-11-30 116913682021-12-012022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11691368 (England and Wales)
SACH CHINGFORD LTD Unaudited accounts for the year ended 30 November 2023
SACH CHINGFORD LTD Unaudited accounts Contents
Page
- 2 -
SACH CHINGFORD LTD Company Information for the year ended 30 November 2023
Director
Mrs H Kumasoglu
Company Number
11691368 (England and Wales)
Registered Office
71 Station Road London E4 7BU England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
SACH CHINGFORD LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,849 
11,730 
Current assets
Inventories
2,601 
2,892 
Debtors
4,500 
13,500 
Cash at bank and in hand
10,694 
5,353 
17,795 
21,745 
Creditors: amounts falling due within one year
(7,567)
(7,634)
Net current assets
10,228 
14,111 
Total assets less current liabilities
20,077 
25,841 
Creditors: amounts falling due after more than one year
(7,547)
(12,547)
Net assets
12,530 
13,294 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,430 
13,194 
Shareholders' funds
12,530 
13,294 
For the year ending 30 November 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 her 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 9 August 2024 and were signed on its behalf by
Mrs H Kumasoglu Director Company Registration No. 11691368
- 4 -
SACH CHINGFORD LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
SACH CHINGFORD LTD is a private company, limited by shares, registered in England and Wales, registration number 11691368. The registered office is 71 Station Road, London, E4 7BU, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
10 years at straight line
Plant & machinery
18% - Reducing balance method
Fixtures & fittings
18% - Reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
SACH CHINGFORD LTD Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
8,851 
3,544 
5,370 
17,765 
At 30 November 2023
8,851 
3,544 
5,370 
17,765 
Depreciation
At 1 December 2022
2,655 
1,620 
1,760 
6,035 
Charge for the year
885 
346 
650 
1,881 
At 30 November 2023
3,540 
1,966 
2,410 
7,916 
Net book value
At 30 November 2023
5,311 
1,578 
2,960 
9,849 
At 30 November 2022
6,196 
1,924 
3,610 
11,730 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
9,000 
Amounts falling due after more than one year
Other debtors
4,500 
4,500 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
Trade creditors
- 
2,406 
Taxes and social security
1,172 
156 
Loans from directors
1,395 
72 
7,567 
7,634 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,547 
12,547 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Included within other creditors is an amount of £1,395 (2022;£72) due to its director. There are no terms as to interest or repayment in respect of this balance.
- 6 -
SACH CHINGFORD LTD Notes to the Accounts for the year ended 30 November 2023
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -