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REGISTERED NUMBER: 04148877 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SAKER CONTROLS LIMITED

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 9

SAKER CONTROLS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S Royle





SECRETARY: D M Royle





REGISTERED OFFICE: Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT





REGISTERED NUMBER: 04148877 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,907 95,417

CURRENT ASSETS
Stocks 91,391 83,296
Debtors 5 633,910 508,085
Cash at bank 29,740 54,818
755,041 646,199
CREDITORS
Amounts falling due within one year 6 383,129 346,511
NET CURRENT ASSETS 371,912 299,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,819

395,105

CREDITORS
Amounts falling due after more than one year 7 (32,419 ) (43,026 )

PROVISIONS FOR LIABILITIES 10 (15,602 ) (18,282 )
NET ASSETS 396,798 333,797

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 395,798 332,797
SHAREHOLDERS' FUNDS 396,798 333,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 7 November 2024 and were signed by:





S Royle - Director


SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Saker Controls 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.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant & Machinery - 20% on reducing balance
Office Equipment - 20% on reducing balance
Motor Vehicles - 25% on reducing balance
Computer Equipment - 33% on reducing balance

Stocks and work in progress
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion or fixed and variable overheads.

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.


SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant & Office Motor Computer
Machinery Equipment Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 5,101 14,901 112,644 77,741 210,387
Additions - 5,204 (1 ) - 5,203
At 30 April 2024 5,101 20,105 112,643 77,741 215,590
DEPRECIATION
At 1 May 2023 4,742 10,513 60,163 39,552 114,970
Charge for year 72 1,918 13,120 12,603 27,713
At 30 April 2024 4,814 12,431 73,283 52,155 142,683
NET BOOK VALUE
At 30 April 2024 287 7,674 39,360 25,586 72,907
At 30 April 2023 359 4,388 52,481 38,189 95,417

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
Vehicles
£   
COST
At 1 May 2023 79,212
Additions (1 )
Transfer to ownership (44,828 )
At 30 April 2024 34,383
DEPRECIATION
At 1 May 2023 28,115
Charge for year 9,741
Transfer to ownership (33,432 )
At 30 April 2024 4,424
NET BOOK VALUE
At 30 April 2024 29,959
At 30 April 2023 51,097

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade Debtors 624,152 500,035
Other Debtors 4,136 4,136
Prepayments 5,622 3,914
633,910 508,085

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 62,591 92,882
Hire purchase contracts (see note 8) 10,607 17,194
Trade Creditors 126,256 48,116
Corporation Tax 5,209 51,330
Other Taxes & Social Security 172,292 127,289
Other creditors 1,009 3,822
Directors' Current Accounts 1,665 2,378
Accruals & Deferred Income 3,500 3,500
383,129 346,511

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 32,419 43,026

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 10,607 17,194
Between one and five years 32,419 43,026
43,026 60,220

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 62,591 92,882
Hire purchase contracts 43,026 60,220
105,617 153,102

The bank overdraft is secured by way of a fixed and floating charge over the undertaking and all property and assets present and future.

Hire purchase liabilities are secured against the assets to which they relate.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred Taxation 15,602 18,282

Deferred
tax
£   
Balance at 1 May 2023 18,282
Provided during year (2,680 )
Balance at 30 April 2024 15,602

SAKER CONTROLS LIMITED (REGISTERED NUMBER: 04148877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SAKER CONTROLS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Saker Controls Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Saker Controls Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Saker Controls Limited and state those matters that we have agreed to state to the director of Saker Controls Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Saker Controls Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Saker Controls Limited. You consider that Saker Controls Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Saker Controls Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT


7 November 2024