SABBRA LIMITED

Company Registration Number:
14545428 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 16 December 2022

End date: 31 December 2023

SABBRA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SABBRA LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

13 months to 31 December 2023


£
Turnover: 118,035
Cost of sales: ( 82,624 )
Gross profit(or loss): 35,411
Distribution costs: ( 28,760 )
Administrative expenses: ( 5,400 )
Operating profit(or loss): 1,251
Interest payable and similar charges: ( 1,496 )
Profit(or loss) before tax: (245)
Profit(or loss) for the financial year: (245)

SABBRA LIMITED

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Fixed assets
Intangible assets: 3 2,250
Tangible assets: 4 1,800
Investments:   0
Total fixed assets: 4,050
Current assets
Stocks: 5 9,211
Cash at bank and in hand: 10,136
Total current assets: 19,347
Creditors: amounts falling due within one year: 6 ( 14,092 )
Net current assets (liabilities): 5,255
Total assets less current liabilities: 9,305
Total net assets (liabilities): 9,305
Capital and reserves
Called up share capital: 10,000
Share premium account: 0
Other reserves: 0
Profit and loss account: (695 )
Total Shareholders' funds: 9,305

The notes form part of these financial statements

SABBRA LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Khawaja Hamza Iqbal Butt
Status: Director

The notes form part of these financial statements

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue Targets: The company aims to achieve consistent revenue growth year-over-year. As revenue will increase from £118,035 to £416,747. The target is to maintain or exceed this growth trajectory, considering market conditions and business capacity. Regularly review pricing strategies to ensure they align with market conditions and cost structures. Adjust prices based on cost inflation and competitive positioning.

    Tangible fixed assets depreciation policy

    The company will depreciate all tangible fixed assets using the straight-line depreciation method over a period of five years. This approach provides a systematic and even allocation of the asset's cost over its useful life, facilitating accurate financial reporting and budgeting.

    Intangible fixed assets amortisation policy

    The company will amortise all intangible fixed assets using the straight-line amortisation method over a period of five years. This approach provides a systematic and even allocation of the asset's cost over its useful life, facilitating accurate financial reporting and budgeting.

    Other accounting policies

    The company’s financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) or UK Generally Accepted Accounting Practice, as applicable. The financial statements are prepared on a going concern basis, assuming that the company will continue to operate for the foreseeable future.

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to 31 December 2023
    Average number of employees during the period 1

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 2,500 2,500
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2023 2,500 2,500
Amortisation
Charge for year 250 250
On disposals 0 0
Other adjustments 0 0
At 31 December 2023 250 250
Net book value
At 31 December 2023 2,250 2,250

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,000 2,000
Disposals
Revaluations
Transfers
At 31 December 2023 2,000 2,000
Depreciation
Charge for year 200 200
On disposals
Other adjustments
At 31 December 2023 200 200
Net book value
At 31 December 2023 1,800 1,800

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Stocks

13 months to 31 December 2023
£
Stocks 9,211
Total 9,211

SABBRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

13 months to 31 December 2023
£
Other creditors 14,092
Total 14,092