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Company Registration No. 14116280 (England and Wales)
SAHIB BUILDERS LTD Unaudited accounts for the year ended 31 May 2024
SAHIB BUILDERS LTD Unaudited accounts Contents
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SAHIB BUILDERS LTD Company Information for the year ended 31 May 2024
Director
Avtar Singh
Company Number
14116280 (England and Wales)
Registered Office
19 WEST AVENUE STAPLEFORD NOTTINGHAM NG9 8DY ENGLAND
Accountants
Syed & Co 33 Bentinck Road Nottingham NG7 4AA
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SAHIB BUILDERS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,327 
6,525 
Current assets
Cash at bank and in hand
8,044 
5,170 
Creditors: amounts falling due within one year
(8,399)
(4,842)
Net current (liabilities)/assets
(355)
328 
Net assets
4,972 
6,853 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,872 
6,753 
Shareholders' funds
4,972 
6,853 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 5 November 2024 and were signed on its behalf by
Avtar Singh Director Company Registration No. 14116280
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SAHIB BUILDERS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SAHIB BUILDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 14116280. The registered office is 19 WEST AVENUE, STAPLEFORD, NOTTINGHAM, NG9 8DY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% on a reducing balance basis
Motor vehicles
20% on a reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
2,500 
5,500 
8,000 
At 31 May 2024
2,500 
5,500 
8,000 
Depreciation
At 1 June 2023
375 
1,100 
1,475 
Charge for the year
318 
880 
1,198 
At 31 May 2024
693 
1,980 
2,673 
Net book value
At 31 May 2024
1,807 
3,520 
5,327 
At 31 May 2023
2,125 
4,400 
6,525 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,031 
400 
Taxes and social security
- 
249 
Loans from directors
5,368 
4,193 
8,399 
4,842 
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SAHIB BUILDERS LTD Notes to the Accounts for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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