IRIS Accounts Production v24.1.9.2 15091135 Board of Directors 23.8.23 5.4.24 5.4.24 0 false true false false true false Fair value model Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh150911352023-08-22150911352024-04-05150911352023-08-232024-04-05150911352023-08-2215091135ns15:EnglandWales2023-08-232024-04-0515091135ns14:PoundSterling2023-08-232024-04-0515091135ns10:Director12023-08-232024-04-0515091135ns10:PrivateLimitedCompanyLtd2023-08-232024-04-0515091135ns10:SmallEntities2023-08-232024-04-0515091135ns10:AuditExempt-NoAccountantsReport2023-08-232024-04-0515091135ns10:SmallCompaniesRegimeForDirectorsReport2023-08-232024-04-0515091135ns10:SmallCompaniesRegimeForAccounts2023-08-232024-04-0515091135ns10:FullAccounts2023-08-232024-04-0515091135ns10:OrdinaryShareClass12023-08-232024-04-0515091135ns10:OrdinaryShareClass112023-08-232024-04-0515091135ns10:Director22023-08-232024-04-0515091135ns10:RegisteredOffice2023-08-232024-04-0515091135ns5:CurrentFinancialInstruments2024-04-0515091135ns5:Non-currentFinancialInstruments2024-04-0515091135ns5:ShareCapital2024-04-0515091135ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-0515091135ns5:RetainedEarningsAccumulatedLosses2024-04-0515091135ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-0515091135ns5:Non-currentFinancialInstruments2023-08-232024-04-0515091135ns10:OrdinaryShareClass12024-04-05
REGISTERED NUMBER: 15091135 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 23RD AUGUST 2023 TO 5TH APRIL 2024

FOR

SAI INVESTMENTS & HOLDINGS LIMITED

SAI INVESTMENTS & HOLDINGS LIMITED (REGISTERED NUMBER: 15091135)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 23RD AUGUST 2023 TO 5TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAI INVESTMENTS & HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 23RD AUGUST 2023 TO 5TH APRIL 2024







DIRECTORS: Mrs V S Bhonsle
Ms R S Bhonsle





REGISTERED OFFICE: Flat 36, The Exchange
89 Marlowes
Hemel Hempstead
HP1 1EH





REGISTERED NUMBER: 15091135 (England and Wales)






SAI INVESTMENTS & HOLDINGS LIMITED (REGISTERED NUMBER: 15091135)

BALANCE SHEET
5TH APRIL 2024

Notes £    £   
FIXED ASSETS
Investment property 4 235,000

CURRENT ASSETS
Debtors 5 60
Cash at bank and in hand 7,038
7,098
CREDITORS
Amounts falling due within one year 6 1,888
NET CURRENT ASSETS 5,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,210

CREDITORS
Amounts falling due after more than one year 7 256,305
NET LIABILITIES (16,095 )

CAPITAL AND RESERVES
Called up share capital 8 100
Fair value reserve (15,980 )
Retained earnings (215 )
SHAREHOLDERS' FUNDS (16,095 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5th April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 5th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th July 2024 and were signed on its behalf by:





Ms R S Bhonsle - Director


SAI INVESTMENTS & HOLDINGS LIMITED (REGISTERED NUMBER: 15091135)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 23RD AUGUST 2023 TO 5TH APRIL 2024


1. STATUTORY INFORMATION

Sai Investments & Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

After making due enquiries, the directors are confident that the company has sufficient resources to continue in existence for foreseeable future. For this reason they continues to adopt the going concern basis in preparing these financial statements. These financial statements have been prepared on the going concern basis as the directors and shareholders have provided assurances of financial support to the company to enable it to meets it liabilities as and when they fall due in the next 12 months.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover
Rental income receivable from the investment property is recognised over the term of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 250,980
Impairments (15,980 )
At 5th April 2024 235,000
NET BOOK VALUE
At 5th April 2024 235,000

SAI INVESTMENTS & HOLDINGS LIMITED (REGISTERED NUMBER: 15091135)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 23RD AUGUST 2023 TO 5TH APRIL 2024


4. INVESTMENT PROPERTY - continued

Fair value at 5th April 2024 is represented by:
£   
Valuation in 2024 (15,980 )
Cost 250,980
235,000

Investment property was valued at £235,000 at the year end by the directors.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 60

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,888

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 256,305

Entire balance of £256,305 is due to one of the director and it is an unsecured loan.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. RELATED PARTY DISCLOSURES

During the period, a director provided a loan to the company amounting to £256,305.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms R S Bhonsle.