Company registration number 05722849 (England and Wales)
SANMIA LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
SANMIA LTD
BALANCE SHEET
AS AT 29 FEBRUARY 2024
29 February 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
838
989
Current assets
32,047
24,633
Prepayments and accrued income
412
Creditors: amounts falling due within one year
(35,606)
(29,935)
Net current liabilities
(3,559)
(4,890)
Total assets less current liabilities
(2,721)
(3,901)
Net liabilities
(2,721)
(3,901)
Capital and reserves
(2,721)
(3,901)
SANMIA LTD
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024
29 February 2024
- 2 -
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
At the balance sheet date an amount of £28,565 was due by the director to the company. There was interest due of £488 on this amount. This will be repaid in full within 9 months of the year end.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
3
Going concern
The financial statements have been prepared on a going concern basis. The director considers the basis to be appropriate despite the fact that the balance sheet shows net liabilities at 29th February 2024. The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet its current liabilities.
Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities that might arise.
Sanmia Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Phoenix House, 2 Phoenix Park, Eaton Socon, St Neots, Cambridgeshire, PE19 8EP.
For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 November 2024
Mrs Sandie Isaacs
Director
Company Registration Number 05722849