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REGISTERED NUMBER: 14619929 (England and Wales)




























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

26 JANUARY 2023 TO 31 JANUARY 2024

FOR

SANGREAL RINGS LTD

SANGREAL RINGS LTD (REGISTERED NUMBER: 14619929)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JANUARY 2023 TO 31 JANUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SANGREAL RINGS LTD

COMPANY INFORMATION
FOR THE PERIOD 26 JANUARY 2023 TO 31 JANUARY 2024







DIRECTORS: D A Parkinson
Ms S L Wilma





REGISTERED OFFICE: Suite 204 Ashton Old Baths
Stamford Street West
Ashton-Under-Lyne
Lancashire
OL6 7FW





REGISTERED NUMBER: 14619929 (England and Wales)





ACCOUNTANTS: Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW

SANGREAL RINGS LTD (REGISTERED NUMBER: 14619929)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 3,557

CURRENT ASSETS
Stocks 5,870
Cash at bank 5,292
11,162
CREDITORS
Amounts falling due within one year 6,822
NET CURRENT ASSETS 4,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,897

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 7,797
7,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the period ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by:



Ms S L Wilma - Director


SANGREAL RINGS LTD (REGISTERED NUMBER: 14619929)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JANUARY 2023 TO 31 JANUARY 2024

1. STATUTORY INFORMATION

Sangreal Rings Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 4,300
At 31 January 2024 4,300
DEPRECIATION
Charge for period 743
At 31 January 2024 743
NET BOOK VALUE
At 31 January 2024 3,557

SANGREAL RINGS LTD (REGISTERED NUMBER: 14619929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 JANUARY 2023 TO 31 JANUARY 2024

5. RELATED PARTY DISCLOSURES

Creditors amounts falling within one year includes an interest free directors loan of £10,644

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SANGREAL RINGS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sangreal Rings Ltd for the period ended 31 January 2024 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sangreal Rings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sangreal Rings Ltd and state those matters that we have agreed to state to the Board of Directors of Sangreal Rings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sangreal Rings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sangreal Rings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sangreal Rings Ltd. You consider that Sangreal Rings Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Sangreal Rings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW


6 August 2024