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REGISTERED NUMBER: 11264380 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

S.A. FURNITURE AGENCY LIMITED

S.A. FURNITURE AGENCY LIMITED (REGISTERED NUMBER: 11264380)






Contents of the Financial Statements
for the year ended 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


S.A. FURNITURE AGENCY LIMITED

Company Information
for the year ended 31 MARCH 2024







DIRECTOR: A Schiatti





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 11264380 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

S.A. FURNITURE AGENCY LIMITED (REGISTERED NUMBER: 11264380)

Statement of Financial Position
31 MARCH 2024

31/3/24 31/3/23
Notes £    £   
CURRENT ASSETS
Debtors 4 136,182 600
Cash at bank 124,926 161,459
261,108 162,059
CREDITORS
Amounts falling due within one year 5 (70,140 ) (32,343 )
NET CURRENT ASSETS 190,968 129,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,968

129,716

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 190,868 129,616
SHAREHOLDERS' FUNDS 190,968 129,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 June 2024 and were signed by:





A Schiatti - Director


S.A. FURNITURE AGENCY LIMITED (REGISTERED NUMBER: 11264380)

Notes to the Financial Statements
for the year ended 31 MARCH 2024

1. STATUTORY INFORMATION

S.A. Furniture Agency 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.

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 sales of goods and services net of VAT and is recognised when the goods and services are provided to the customer.

Financial instruments
The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

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 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 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.

Cash and cash equivalent
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

S.A. FURNITURE AGENCY LIMITED (REGISTERED NUMBER: 11264380)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 135,963 -
Other debtors 219 600
136,182 600

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors - 4,556
Taxation and social security 46,849 12,931
Other creditors 23,291 14,856
70,140 32,343

6. ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their direct interest in the whole of the issued share capital.