Company registration number 12180616 (England and Wales)
SAR GLOBAL INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
SAR GLOBAL INVESTMENTS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET
AS AT 27 FEBRUARY 2024
27 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
10,844
-
0
Investment properties
3
1,413,011
1,412,761
1,423,855
1,412,761
Current assets
Debtors
4
7,736
6,620
Cash at bank and in hand
30,068
25,797
37,804
32,417
Creditors: amounts falling due within one year
5
(26,320)
(15,391)
Net current assets
11,484
17,026
Total assets less current liabilities
1,435,339
1,429,787
Creditors: amounts falling due after more than one year
6
(1,354,728)
(1,384,303)
Provisions for liabilities
(2,060)
-
0
Net assets
78,551
45,484
Capital and reserves
Called up share capital
7
1,000
1,000
Profit and loss reserves
77,551
44,484
Total equity
78,551
45,484

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 27 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2024
27 February 2024
2024
2023
Notes
£
£
£
£
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 22 November 2024 and are signed on its behalf by:
Mr R Snelson
Mrs S J Snelson
Director
Director
Company Registration No. 12180616
SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2024
27 February 2024
- 3 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
2
Tangible fixed assets
Plant and machinery
£
Cost
At 28 February 2023
-
0
Additions
11,270
At 27 February 2024
11,270
Depreciation and impairment
At 28 February 2023
-
0
Depreciation charged in the year
426
At 27 February 2024
426
Carrying amount
At 27 February 2024
10,844
At 27 February 2023
-
0
3
Investment property
2024
£
Fair value
At 28 February 2023
1,412,761
Transfers
250
At 27 February 2024
1,413,011

Investment property comprises the original purchase price and refurbishment costs of properties purchased in the first period of account. The directors are satisfied that the combined purchase and refurbishment costs equate to fair market value at the balance sheet date.

SAR GLOBAL INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2024
27 February 2024
- 4 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
722
Other debtors
7,736
5,898
7,736
6,620
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
40
65
Taxation and social security
5,701
8,370
Other creditors
20,579
6,956
26,320
15,391
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
38,729
44,304
Other creditors
1,315,999
1,339,999
1,354,728
1,384,303
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of £1 each
500
500
500
500
B Ordinary shares of £1 each
500
500
500
500
1,000
1,000
1,000
1,000
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