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REGISTERED NUMBER: 02991396 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Sarand Limited

Sarand Limited (Registered number: 02991396)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sarand Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: A W Howard
Mrs S Howard





REGISTERED OFFICE: Willowbrook
The Street
Sturmer
Haverhill
Suffolk
CB9 7XF





REGISTERED NUMBER: 02991396 (England and Wales)





ACCOUNTANTS: S C Devlin Accountancy Ltd
Chartered Certified Accountants
3 Marlborough Close
Benfleet
Essex
SS7 4JA

Sarand Limited (Registered number: 02991396)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,690 8,976

CURRENT ASSETS
Debtors 5 10,780 35,475
Cash at bank and in hand 4,421 4,512
15,201 39,987
CREDITORS
Amounts falling due within one year 6 19,201 22,928
NET CURRENT (LIABILITIES)/ASSETS (4,000 ) 17,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,690

26,035

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5,688 26,033
SHAREHOLDERS' FUNDS 5,690 26,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





Mrs S Howard - Director


Sarand Limited (Registered number: 02991396)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Sarand Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
Turnover is recognised over the period the service was provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

Sarand Limited (Registered number: 02991396)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 35,031
Additions 4,291
At 31 December 2023 39,322
DEPRECIATION
At 1 January 2023 26,055
Charge for year 3,577
At 31 December 2023 29,632
NET BOOK VALUE
At 31 December 2023 9,690
At 31 December 2022 8,976

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,218 33,456
Other debtors 562 2,019
10,780 35,475

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 5,871
Taxation and social security 17,876 15,872
Other creditors 1,325 1,185
19,201 22,928

7. SECURED DEBTS

A bank overdraft is supported by guarantees given by the company limited to £10,000 and by each of Mr A and Mrs S Howard, directors, each limited to an additional £10,000.

Sarand Limited (Registered number: 02991396)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
A W Howard and Mrs S Howard
Balance outstanding at start of year 2,019 3,207
Amounts repaid (2,019 ) (1,188 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,019



Interest is charged on the directors overdrawn loan account at a market rate.



9. ULTIMATE CONTROLLING PARTY

The company was controlled by the directors throughout the whole of the current and previous period.