Company Registration No. 07581508 (England and Wales)
Sahula Ltd
Unaudited accounts
for the year ended 31 March 2024
Sahula Ltd
Unaudited accounts
Contents
Sahula Ltd
Company Information
for the year ended 31 March 2024
Company Number
07581508 (England and Wales)
Registered Office
1 ABBOT ROAD
GUILDFORD
SURREY
GU1 3TA
ENGLAND
Accountants
Helrik and Louw
72 Great Suffolk Street
London
SE1 0BL
Sahula Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
4,812
6,016
Cash at bank and in hand
840
241
Creditors: amounts falling due within one year
(45,445)
(49,137)
Net current liabilities
(44,605)
(48,896)
Net liabilities
(39,793)
(42,880)
Called up share capital
1
1
Profit and loss account
(39,794)
(42,881)
Shareholders' funds
(39,793)
(42,880)
For the year ending 31 March 2024 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 his 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 25 June 2024 and were signed on its behalf by
Lubomir Sahula
Director
Company Registration No. 07581508
Sahula Ltd
Notes to the Accounts
for the year ended 31 March 2024
Sahula Ltd is a private company, limited by shares, registered in England and Wales, registration number 07581508. The registered office is 1 ABBOT ROAD, GUILDFORD, SURREY, GU1 3TA, ENGLAND.
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:
Plant & machinery
25% per annum
Motor vehicles
25% per annum
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,497
15,318
16,815
At 31 March 2024
1,497
15,318
16,815
At 1 April 2023
867
9,932
10,799
Charge for the year
126
1,078
1,204
At 31 March 2024
993
11,010
12,003
At 31 March 2024
504
4,308
4,812
At 31 March 2023
630
5,386
6,016
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,501
Loans from directors
45,445
44,628
Sahula Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).