2022-12-01 09092582 2023-11-30 09092582 2022-12-01 2023-11-30 09092582 2022-11-30 09092582 2021-12-01 2022-11-30 09092582 uk-core:WithinOneYear 2022-11-30 09092582 uk-core:WithinOneYear 2023-11-30 09092582 uk-core:AfterOneYear 2022-11-30 09092582 uk-core:AfterOneYear 2023-11-30 09092582 uk-core:ShareCapital 2023-11-30 09092582 uk-core:ShareCapital 2022-11-30 09092582 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 09092582 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 09092582 uk-bus:Director1 2022-12-01 2023-11-30 09092582 uk-core:FurnitureFittingsToolsEquipment 2022-11-30 09092582 uk-core:MotorVehicles 2022-11-30 09092582 uk-core:InvestmentPropertyIncludedWithinPPE 2022-11-30 09092582 uk-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 09092582 uk-core:MotorVehicles 2023-11-30 09092582 uk-core:FurnitureFittingsToolsEquipment 2023-11-30 09092582 uk-core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 09092582 uk-core:MotorVehicles 2022-12-01 2023-11-30 09092582 uk-core:InvestmentPropertyIncludedWithinPPE 2022-12-01 2023-11-30 09092582 uk-core:WithinOneYear 2022-12-01 2023-11-30 09092582 uk-core:AfterOneYear uk-core:Secured 2023-11-30 09092582 uk-core:AfterOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure 09092582 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09092582 uk-bus:FRS102 2022-12-01 2023-11-30 09092582 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 09092582 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Saries Limited
Registered Number:09092582
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Saries Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
09092582
As at 30 November 2023
Saries Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
780,853
781,773
2
780,853
781,773
Current assets
Trade and other receivables
1,851
30,561
3
25,123
Cash and cash equivalents
17,045
47,606
26,974
Trade and other payables: amounts falling due within one
year
(404,660)
(393,601)
4
(377,686)
(345,995)
Net current liabilities
Total assets less current liabilities
434,858
404,087
Trade and other payables: amounts falling due after more
than one year
(225,748)
(198,900)
5
(64,990)
(64,990)
Provisions for liabilities
170,968
Net assets
113,349
Capital and reserves
Called up share capital
1
1
Retained earnings
170,967
113,348
170,968
113,349
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Edward McCord Director
These financial statements were approved and authorised for issue by the Board on 21 August 2024 and were signed by:
1 of 4
4
Registered Number :
09092582
For the year ended 30 November 2023
Saries Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 30 November 2023
Saries Limited
Notes to the Financial Statements
Statutory Information
Saries Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
09092582.
Registered address:
38 Owens Way
Cradley Heath
West Midlands
B64 6SE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 December 2022
795,376
15,202
3,000
777,174
At 30 November 2023
777,174
3,000
15,202
795,376
Provision for depreciation and impairment
At 01 December 2022
13,603
11,832
1,771
-
Charge for year
920
674
246
-
At 30 November 2023
14,523
12,506
2,017
-
At 30 November 2023
Net book value
777,174
983
2,696
780,853
At 30 November 2022
777,174
1,229
3,370
781,773
Property with a value of £652,174 is located in Spain and has been valued by the Director 15.08.2023.
3. Trade and other receivables
2022
2023
£
£
Trade debtors
29,229
600
Other debtors
1,332
1,251
1,851
30,561
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6
For the year ended 30 November 2023
Saries Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
-
9,284
Other creditors
393,601
395,376
393,601
404,660
The company has an outstanding loan from Astron Holdings Ltd (Seychelles) 049358 in the sum of £282,939 (2022 - £278,757)The interest bearing loan is repayable on demand.
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
23,250
32,250
Other creditors
175,650
193,498
198,900
225,748
6. Directors advances and guarantees
Going Concern
The company's ability to continue as a going concern is dependent on the forbearance of the short term loan
provider.
The directors are confident that the company will be able to continue in business for the foreseeable future.
7. Average number of persons employed
During the year the average number of employees was 0
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