Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09771535 Miss Baya Saha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09771535 2023-09-30 09771535 2024-09-30 09771535 2023-10-01 2024-09-30 09771535 frs-core:CurrentFinancialInstruments 2024-09-30 09771535 frs-core:ComputerEquipment 2024-09-30 09771535 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09771535 frs-core:ComputerEquipment 2023-09-30 09771535 frs-core:ShareCapital 2024-09-30 09771535 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09771535 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09771535 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09771535 frs-bus:SmallEntities 2023-10-01 2024-09-30 09771535 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09771535 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09771535 frs-bus:Director1 2023-10-01 2024-09-30 09771535 frs-countries:EnglandWales 2023-10-01 2024-09-30 09771535 2022-09-30 09771535 2023-09-30 09771535 2022-10-01 2023-09-30 09771535 frs-core:CurrentFinancialInstruments 2023-09-30 09771535 frs-core:ShareCapital 2023-09-30 09771535 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09771535
SAB Electrical Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09771535
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 363 427
363 427
CURRENT ASSETS
Debtors 5 74 5,872
Cash at bank and in hand 139 115
213 5,987
Creditors: Amounts Falling Due Within One Year 6 (2,510 ) (6,971 )
NET CURRENT ASSETS (LIABILITIES) (2,297 ) (984 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,934 ) (557 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (81 ) (81 )
NET LIABILITIES (2,015 ) (638 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,016 ) (639 )
SHAREHOLDERS' FUNDS (2,015) (638)
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Baya Saha
Director
10/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SAB Electrical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09771535 . The registered office is The Old Barn, Wood Street, Swanley, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 15% on reducing balance
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 1,349
As at 30 September 2024 1,349
Depreciation
As at 1 October 2023 922
Provided during the period 64
As at 30 September 2024 986
Net Book Value
As at 30 September 2024 363
As at 1 October 2023 427
5. Debtors
2024 2023
£ £
Due within one year
VAT 74 96
Director's loan account - 5,776
74 5,872
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax - 6,971
Director's loan account 2,511 -
2,510 6,971
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Ms Baya Saha totalling £2,511 (2023 - £5,776 Debtor), no interest is to be charged.
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