Company Registration No. 10572763 (England and Wales)
SAS Building Solutions Limited
Unaudited accounts
for the year ended 31 January 2024
SAS Building Solutions Limited
Unaudited accounts
Contents
SAS Building Solutions Limited
Company Information
for the year ended 31 January 2024
Directors
S Haynes
S Lewis
Company Number
10572763 (England and Wales)
Registered Office
53 Honeybourne Road
Sutton Coldfield
West Midlands
B75 6BN
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
SAS Building Solutions Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
527
1,564
Creditors: amounts falling due within one year
1,070
(36,034)
Net current assets/(liabilities)
1,597
(5,397)
Total assets less current liabilities
1,597
7,137
Creditors: amounts falling due after more than one year
-
(5,939)
Called up share capital
100
100
Profit and loss account
1,497
1,098
Shareholders' funds
1,597
1,198
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2024 and were signed on its behalf by
S Lewis
Director
Company Registration No. 10572763
SAS Building Solutions Limited
Notes to the Accounts
for the year ended 31 January 2024
SAS Building Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10572763. The registered office is 53 Honeybourne Road, Sutton Coldfield, West Midlands, B75 6BN. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
Over three years
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
SAS Building Solutions Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
2,721
40,661
1,210
44,592
Disposals
(2,721)
(40,661)
(1,210)
(44,592)
At 31 January 2024
-
-
-
-
At 1 February 2023
2,256
28,995
807
32,058
On disposals
(2,256)
(28,995)
(807)
(32,058)
At 31 January 2024
-
-
-
-
At 31 January 2024
-
-
-
-
At 31 January 2023
465
11,666
403
12,534
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
5,939
Trade creditors
508
13,525
Taxes and social security
2,159
15,459
Loans from directors
(5,049)
(971)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
5,939
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).