SANGAA GROCERY SALES PRICE LTD

Company Registration Number:
12224978 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

SANGAA GROCERY SALES PRICE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

SANGAA GROCERY SALES PRICE LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 65,000 65,000
Tangible assets: 4 199,031 217,603
Total fixed assets: 264,031 282,603
Current assets
Stocks: 387,200 431,000
Debtors:   73,570 69,728
Cash at bank and in hand: 42,896 66,762
Total current assets: 503,666 567,490
Creditors: amounts falling due within one year: 5 (141,602) (151,383)
Net current assets (liabilities): 362,064 416,107
Total assets less current liabilities: 626,095 698,710
Creditors: amounts falling due after more than one year: 6 (524,870) (632,833)
Total net assets (liabilities): 101,225 65,877
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 101,125 65,777
Shareholders funds: 101,225 65,877

The notes form part of these financial statements

SANGAA GROCERY SALES PRICE LTD

Balance sheet statements

For the year ending 31 January 2024 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 04 November 2024
and signed on behalf of the board by:

Name: K Muraly
Status: Director

The notes form part of these financial statements

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

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

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 10 11

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible Assets

Total
Cost £
At 01 February 2023 65,000
At 31 January 2024 65,000
Net book value
At 31 January 2024 65,000
At 31 January 2023 65,000

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 301,288
Additions 16,570
At 31 January 2024 317,858
Depreciation
At 01 February 2023 83,685
Charge for year 35,142
At 31 January 2024 118,827
Net book value
At 31 January 2024 199,031
At 31 January 2023 217,603

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

UK corporation tax 10,501 Salaries and wages control 10,231 Trade creditors 63,970 Other creditors 48,180 Accruals 8,720

SANGAA GROCERY SALES PRICE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

Bank loans (secured) >1yr 170,833 Loans >1yr 25,313 Loans >1yr 174,253 Director Loan Account M > 1yr 154,471