Company Registration No. 14511249 (England and Wales)
SAGE W11 LIMITED
Unaudited accounts
for the year ended 30 November 2023
SAGE W11 LIMITED
Unaudited accounts
Contents
SAGE W11 LIMITED
Company Information
for the year ended 30 November 2023
Director
Tara Kathlene CORBISHLEY MAC BAIN
Company Number
14511249 (England and Wales)
Registered Office
C/O Williams Stanley & Co
85 Great Portland St, First Floor
London
W1W 7LT
United Kingdom
Accountants
Williams Stanley and Co
SAGE W11 LIMITED
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
3,971,538
-
Creditors: amounts falling due within one year
(4,941,913)
-
Net current liabilities
(519,730)
-
Called up share capital
1
-
Profit and loss account
(46,282)
-
Shareholders' funds
(46,281)
-
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 16 August 2024 and were signed on its behalf by
Tara Kathlene CORBISHLEY MAC BAIN
Director
Company Registration No. 14511249
SAGE W11 LIMITED
Notes to the Accounts
for the year ended 30 November 2023
SAGE W11 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14511249. The registered office is C/O Williams Stanley & Co, 85 Great Portland St, First Floor, London, W1W 7LT, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
-
-
-
-
Additions
285,629
22,109
165,711
473,449
At 30 November 2023
285,629
22,109
165,711
473,449
At 30 November 2023
-
-
-
-
At 30 November 2023
285,629
22,109
165,711
473,449
Amounts falling due within one year
Amounts due from group undertakings etc.
10,328
-
Accrued income and prepayments
348,838
-
SAGE W11 LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,100,000
-
Loans from directors
623,578
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).