IRIS Accounts Production v24.3.0.553 01369186 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013691862023-07-31013691862024-07-31013691862023-08-012024-07-31013691862022-07-31013691862022-08-012023-07-31013691862023-07-3101369186ns15:EnglandWales2023-08-012024-07-3101369186ns14:PoundSterling2023-08-012024-07-3101369186ns10:Director12023-08-012024-07-3101369186ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3101369186ns10:SmallEntities2023-08-012024-07-3101369186ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3101369186ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3101369186ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3101369186ns10:FullAccounts2023-08-012024-07-3101369186ns10:Director22023-08-012024-07-3101369186ns10:Director32023-08-012024-07-3101369186ns10:CompanySecretary12023-08-012024-07-3101369186ns10:RegisteredOffice2023-08-012024-07-3101369186ns5:CurrentFinancialInstruments2024-07-3101369186ns5:CurrentFinancialInstruments2023-07-3101369186ns5:Non-currentFinancialInstruments2024-07-3101369186ns5:Non-currentFinancialInstruments2023-07-3101369186ns5:ShareCapital2024-07-3101369186ns5:ShareCapital2023-07-3101369186ns5:RevaluationReserve2024-07-3101369186ns5:RevaluationReserve2023-07-3101369186ns5:CapitalRedemptionReserve2024-07-3101369186ns5:CapitalRedemptionReserve2023-07-3101369186ns5:RetainedEarningsAccumulatedLosses2024-07-3101369186ns5:RetainedEarningsAccumulatedLosses2023-07-3101369186ns5:LandBuildings2023-08-012024-07-3101369186ns5:PlantMachinery2023-08-012024-07-3101369186ns5:LandBuildings2023-07-3101369186ns5:PlantMachinery2023-07-3101369186ns5:LandBuildings2024-07-3101369186ns5:PlantMachinery2024-07-3101369186ns5:LandBuildings2023-07-3101369186ns5:PlantMachinery2023-07-3101369186ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3101369186ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3101369186ns5:RevaluationReserve2023-07-31
REGISTERED NUMBER: 01369186 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Sara Leigh Products Limited

Sara Leigh Products Limited (Registered number: 01369186)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sara Leigh Products Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: M M Pevy
Mrs L Pevy
L D Pevy





SECRETARY: Mrs L Pevy





REGISTERED OFFICE: Haines Watts Liverpool
11-13 Victoria Street Pacific Chambers
Liverpool
Merseyside
L2 5QQ





REGISTERED NUMBER: 01369186 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Sara Leigh Products Limited (Registered number: 01369186)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 5,337,061 4,138,663

CURRENT ASSETS
Debtors 5 (3,872 ) (2,936 )
Cash at bank and in hand 570,757 1,111,867
566,885 1,108,931
CREDITORS
Amounts falling due within one year 6 420,124 443,059
NET CURRENT ASSETS 146,761 665,872
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,483,822

4,804,535

CREDITORS
Amounts falling due after more than one
year

7

4,062,269

3,630,346
NET ASSETS 1,421,553 1,174,189

CAPITAL AND RESERVES
Called up share capital 85 85
Revaluation reserve 8 918,192 382,922
Capital redemption reserve 15 15
Retained earnings 503,261 791,167
1,421,553 1,174,189

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Sara Leigh Products Limited (Registered number: 01369186)

Balance Sheet - continued
31 July 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 29 October 2024 and were signed on its behalf by:





L D Pevy - Director


Sara Leigh Products Limited (Registered number: 01369186)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Sara Leigh Products 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on cost and 15% on cost

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.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Sara Leigh Products Limited (Registered number: 01369186)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST OR VALUATION
At 1 August 2023 4,136,528 2,700 4,139,228
Additions 663,178 520 663,698
Revaluations 535,270 - 535,270
At 31 July 2024 5,334,976 3,220 5,338,196
DEPRECIATION
At 1 August 2023 - 565 565
Charge for year - 570 570
At 31 July 2024 - 1,135 1,135
NET BOOK VALUE
At 31 July 2024 5,334,976 2,085 5,337,061
At 31 July 2023 4,136,528 2,135 4,138,663

Cost or valuation at 31 July 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£ £ £
Valuation in 2021 382,922 - 382,922
Valuation in 2024 535,270 - 535,270
Cost 4,416,784 3,220 4,420,004
5,334,976 3,220 5,338,196

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade debtors (3,872 ) (2,936 )

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade creditors (197 ) 440
Taxation and social security 2,939 5,614
Other creditors 417,382 437,005
420,124 443,059

Sara Leigh Products Limited (Registered number: 01369186)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£ £
Other creditors 4,062,269 3,630,346

8. RESERVES
Revaluation
reserve
£
At 1 August 2023 382,922
No description 535,270

At 31 July 2024 918,192