IRIS Accounts Production v24.2.0.383 13473701 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh134737012022-11-30134737012023-11-30134737012022-12-012023-11-30134737012021-06-22134737012021-06-232022-11-30134737012022-11-3013473701ns15:EnglandWales2022-12-012023-11-3013473701ns14:PoundSterling2022-12-012023-11-3013473701ns10:Director12022-12-012023-11-3013473701ns10:Director22022-12-012023-11-3013473701ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3013473701ns10:SmallEntities2022-12-012023-11-3013473701ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3013473701ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3013473701ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3013473701ns10:FullAccounts2022-12-012023-11-301347370112022-12-012023-11-3013473701ns10:RegisteredOffice2022-12-012023-11-3013473701ns5:CurrentFinancialInstruments2023-11-3013473701ns5:CurrentFinancialInstruments2022-11-3013473701ns5:Non-currentFinancialInstruments2023-11-3013473701ns5:Non-currentFinancialInstruments2022-11-3013473701ns5:ShareCapital2023-11-3013473701ns5:ShareCapital2022-11-3013473701ns5:RetainedEarningsAccumulatedLosses2023-11-3013473701ns5:RetainedEarningsAccumulatedLosses2022-11-3013473701ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3013473701ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-012023-11-3013473701ns5:PlantMachinery2022-12-012023-11-3013473701ns5:ComputerEquipment2022-12-012023-11-3013473701ns5:PatentsTrademarksLicencesConcessionsSimilar2022-11-3013473701ns5:PatentsTrademarksLicencesConcessionsSimilar2023-11-3013473701ns5:PatentsTrademarksLicencesConcessionsSimilar2022-11-3013473701ns5:LeaseholdImprovements2022-11-3013473701ns5:PlantMachinery2022-11-3013473701ns5:ComputerEquipment2022-11-3013473701ns5:LeaseholdImprovements2022-12-012023-11-3013473701ns5:LeaseholdImprovements2023-11-3013473701ns5:PlantMachinery2023-11-3013473701ns5:ComputerEquipment2023-11-3013473701ns5:LeaseholdImprovements2022-11-3013473701ns5:PlantMachinery2022-11-3013473701ns5:ComputerEquipment2022-11-3013473701ns5:LeaseholdImprovementsns5:LeasedAssetsHeldAsLessee2022-11-3013473701ns5:LeaseholdImprovementsns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3013473701ns5:LeaseholdImprovementsns5:LeasedAssetsHeldAsLessee2023-11-3013473701ns5:LeaseholdImprovementsns5:LeasedAssetsHeldAsLessee2022-11-3013473701ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3013473701ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 13473701 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2023

for

SAPNA BRIGHTON LTD

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAPNA BRIGHTON LTD

Company Information
for the Year Ended 30 November 2023







DIRECTORS: A Jagdzijanc
D Mothersill





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 13473701 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 651 726
Tangible assets 5 1,568,177 1,728,040
1,568,828 1,728,766

CURRENT ASSETS
Stocks 6 15,658 15,000
Debtors 7 8,194 85,547
Cash at bank 36,015 11,115
59,867 111,662
CREDITORS
Amounts falling due within one year 8 75,542 64,287
NET CURRENT (LIABILITIES)/ASSETS (15,675 ) 47,375
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,553,153

1,776,141

CREDITORS
Amounts falling due after more than one
year

9

1,971,928

1,871,933
NET LIABILITIES (418,775 ) (95,792 )

CAPITAL AND RESERVES
Called up share capital 150 100
Retained earnings (418,925 ) (95,892 )
(418,775 ) (95,792 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Balance Sheet - continued
30 November 2023


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 23 July 2024 and were signed on its behalf by:




A Jagdzijanc - Director



D Mothersill - Director


SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Sapna Brighton 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on cost

Leasehold improvements are depreciated on a straight line bases over the length of the 15 year lease.

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 year 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 year 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.

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 December 2022
and 30 November 2023 726
AMORTISATION
Amortisation for year 75
At 30 November 2023 75
NET BOOK VALUE
At 30 November 2023 651
At 30 November 2022 726

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 December 2022 1,324,484 393,930 9,626 1,728,040
Additions 3,159 8,748 - 11,907
At 30 November 2023 1,327,643 402,678 9,626 1,739,947
DEPRECIATION
Charge for year 88,460 80,125 3,185 171,770
At 30 November 2023 88,460 80,125 3,185 171,770
NET BOOK VALUE
At 30 November 2023 1,239,183 322,553 6,441 1,568,177
At 30 November 2022 1,324,484 393,930 9,626 1,728,040

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Improvements
to
property
£   
COST
At 1 December 2022 1,324,484
Additions 3,159
At 30 November 2023 1,327,643
DEPRECIATION
Charge for year 88,460
At 30 November 2023 88,460
NET BOOK VALUE
At 30 November 2023 1,239,183
At 30 November 2022 1,324,484

6. STOCKS
2023 2022
£    £   
Stocks 15,658 15,000

SAPNA BRIGHTON LTD (REGISTERED NUMBER: 13473701)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,831 1,892
Other debtors - 2,000
Directors' loan accounts 3,883 -
VAT - 78,587
Prepayments 480 3,068
8,194 85,547

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 29,177 57,380
Social security and other taxes 6,136 -
Pension control account 1,371 792
VAT 9,915 -
Other creditors 13,388 1,140
Deferred income 9,688 775
Accrued expenses 5,867 4,200
75,542 64,287

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Directors' loan accounts 1,971,928 1,871,933

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Jagdzijanc.