SARACEN GROUP LIMITED

Company Registration Number:
12003145 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SARACEN GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SARACEN GROUP LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 19,871 39,506
Total fixed assets: 19,871 39,506
Current assets
Debtors:   523,713 867,549
Cash at bank and in hand: 35,793 11,319
Total current assets: 559,506 878,868
Creditors: amounts falling due within one year:   (113,242) (283,601)
Net current assets (liabilities): 446,264 595,267
Total assets less current liabilities: 466,135 634,773
Creditors: amounts falling due after more than one year:   (21,743) (31,409)
Total net assets (liabilities): 444,392 603,364
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 444,292 603,264
Shareholders funds: 444,392 603,364

The notes form part of these financial statements

SARACEN GROUP LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: M Page
Status: Director

The notes form part of these financial statements

SARACEN GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SARACEN GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

SARACEN GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 82,961
Additions 546
At 31 October 2023 83,507
Depreciation
At 01 November 2022 43,455
Charge for year 20,181
At 31 October 2023 63,636
Net book value
At 31 October 2023 19,871
At 31 October 2022 39,506

SARACEN GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Related party transactions

Name of the related party: Da Vinci Project management Ltd
Relationship:
associated
Description of the Transaction: Loan
£
Balance at 01 November 2022 9,047
Balance at 31 October 2023 9,060