Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falseHolding company for a restaurant group2023-04-01false 13218811 2023-04-01 2024-03-31 13218811 2022-04-01 2023-03-31 13218811 2024-03-31 13218811 2023-03-31 13218811 c:Director1 2023-04-01 2024-03-31 13218811 d:CurrentFinancialInstruments 2024-03-31 13218811 d:CurrentFinancialInstruments 2023-03-31 13218811 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13218811 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13218811 d:ShareCapital 2024-03-31 13218811 d:ShareCapital 2023-03-31 13218811 d:RetainedEarningsAccumulatedLosses 2024-03-31 13218811 d:RetainedEarningsAccumulatedLosses 2023-03-31 13218811 c:FRS102 2023-04-01 2024-03-31 13218811 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13218811 c:FullAccounts 2023-04-01 2024-03-31 13218811 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13218811 2 2023-04-01 2024-03-31 13218811 6 2023-04-01 2024-03-31 13218811 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13218811









SARITAMAR HOLDINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SARITAMAR HOLDINGS LTD
REGISTERED NUMBER: 13218811

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Investments
  
201
201

  
201
201

Current assets
  

Cash at bank and in hand
 5 
592,405
1,252,737

  
592,405
1,252,737

Creditors: amounts falling due within one year
 6 
(580,202)
(1,250,713)

Net current assets
  
 
 
12,203
 
 
2,024

Total assets less current liabilities
  
12,404
2,225

  

Net assets
  
12,404
2,225


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
12,402
2,223

  
12,404
2,225


Page 1

 
SARITAMAR HOLDINGS LTD
REGISTERED NUMBER: 13218811
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 November 2024.




S Packer
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SARITAMAR HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Saritamar Holdings Limited is a private company limited by shares and incorporated in England and Wales (registered number: 13218811). The registered office of the Company is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.The statements are presented in Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
SARITAMAR HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the Year was as follows:


        2024
        2023
            No.
            No.







Employees
2
2


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
201



At 31 March 2024
201





5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
592,405
1,252,737

592,405
1,252,737


Page 4

 
SARITAMAR HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
576,200
1,178,000

Corporation tax
-
513

Other creditors
4,002
72,200

580,202
1,250,713


 
Page 5