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REGISTERED NUMBER: 09016359 (England and Wales)











Unaudited Financial Statements

for the Period 1 May 2023 to 28 April 2024

for

Som Saa Ltd

Som Saa Ltd (Registered number: 09016359)

Contents of the Financial Statements
for the Period 1 May 2023 to 28 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Som Saa Ltd

Company Information
for the Period 1 May 2023 to 28 April 2024







DIRECTORS: M N Dobbie
T George
A Oliver





SECRETARY: Solutions 4 Caterers Ltd





REGISTERED OFFICE: Westmead House
Westmead
Farnborough
GU14 7LP





REGISTERED NUMBER: 09016359 (England and Wales)





ACCOUNTANTS: Solutions 4 Caterers Ltd
Westmead House
Westmead
Farnborough
Hampshire
GU14 7LP

Som Saa Ltd (Registered number: 09016359)

Statement of Financial Position
28 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 385,655 414,038
Investments 5 100 100
385,755 414,138

CURRENT ASSETS
Stocks 6 11,271 16,657
Debtors 7 1,487,763 178,070
Cash at bank and in hand 242,669 1,473,014
1,741,703 1,667,741
CREDITORS
Amounts falling due within one year 8 (444,148 ) (489,652 )
NET CURRENT ASSETS 1,297,555 1,178,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,683,310

1,592,227

CREDITORS
Amounts falling due after more than one
year

9

(154,146

)

(228,136

)

PROVISIONS FOR LIABILITIES (27,172 ) (40,421 )
NET ASSETS 1,501,992 1,323,670

CAPITAL AND RESERVES
Called up share capital 2,231 2,231
Share premium 907,897 907,897
Retained earnings 591,864 413,542
SHAREHOLDERS' FUNDS 1,501,992 1,323,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2024 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.

Som Saa Ltd (Registered number: 09016359)

Statement of Financial Position - continued
28 April 2024


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 23 August 2024 and were signed on its behalf by:





M N Dobbie - Director


Som Saa Ltd (Registered number: 09016359)

Notes to the Financial Statements
for the Period 1 May 2023 to 28 April 2024


1. STATUTORY INFORMATION

Som Saa Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the term of the primary lease
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Operating leases
Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Som Saa Ltd (Registered number: 09016359)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 28 April 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 67 (2023 - 72 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 547,914 193,176 69,874 20,832 831,796
Additions 14,928 5,478 4,573 632 25,611
At 28 April 2024 562,842 198,654 74,447 21,464 857,407
DEPRECIATION
At 1 May 2023 209,213 126,547 65,647 16,351 417,758
Charge for period 30,670 19,651 2,040 1,633 53,994
At 28 April 2024 239,883 146,198 67,687 17,984 471,752
NET BOOK VALUE
At 28 April 2024 322,959 52,456 6,760 3,480 385,655
At 30 April 2023 338,701 66,629 4,227 4,481 414,038

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 28 April 2024 100
NET BOOK VALUE
At 28 April 2024 100
At 30 April 2023 100

6. STOCKS
2024 2023
£    £   
Stocks 11,271 16,657

Som Saa Ltd (Registered number: 09016359)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 28 April 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 124,513 -
Amounts owed by group undertakings 1,269,641 85,121
Other debtors 50,000 50,743
Prepayments 43,609 42,206
1,487,763 178,070

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 73,990 73,990
Trade creditors 62,609 86,232
Tax 69,462 49,812
Social security and other taxes 24,290 18,658
VAT 128,882 123,920
Other creditors 30,167 70,941
Accruals and deferred income 54,748 66,099
444,148 489,652

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-5 years 154,146 228,136

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 100,000 100,000
Between one and five years 400,000 400,000
In more than five years 541,096 640,822
1,041,096 1,140,822