Registered Number:09092582 |
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2023
Saries Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Saries Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
780,853
781,773
2
780,853
781,773
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
1
1
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
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
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. |
38 Owens Way
Cradley Heath
West Midlands
B64 6SE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
2. Property, plant and equipment |
Motor Vehicles
795,376
15,202
3,000
777,174
777,174
3,000
15,202
795,376
Provision for depreciation and impairment |
13,603
11,832
1,771
-
Charge for year
920
674
246
-
14,523
12,506
2,017
-
777,174
983
2,696
780,853
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
29,229
600
1,332
1,251
1,851
30,561
3 of 4
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
-
9,284
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
23,250
32,250
175,650
193,498
198,900
225,748
6. Directors advances and guarantees |
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
4 of 4