SANSETIVE FOOD CENTRE LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,913
2,578
Cash at bank and in hand
98,327
102,599
Creditors: amounts falling due within one year
(41,026)
(57,963)
Net current assets
111,891
84,914
Called up share capital
100
100
Profit and loss account
113,704
87,392
Shareholders' funds
113,804
87,492
For the year ending 29 February 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 her 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
Krishma Sediqi
Director
Company Registration No. 12458710
SANSETIVE FOOD CENTRE LTD
Notes to the Accounts
for the year ended 29 February 2024
SANSETIVE FOOD CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 12458710. The registered office is 43-45 MARKET STREET, WATFORD, WD18 0PN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20 Straight-Line
Motor vehicles
20 Straight-Line
Fixtures & fittings
20 Straight-Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
1,263
2,500
810
4,573
At 29 February 2024
1,263
2,500
810
4,573
At 1 March 2023
759
750
486
1,995
Charge for the year
253
250
162
665
At 29 February 2024
1,012
1,000
648
2,660
At 29 February 2024
251
1,500
162
1,913
At 28 February 2023
504
1,750
324
2,578
SANSETIVE FOOD CENTRE LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,289
22,245
Taxes and social security
6,172
6,153
Loans from directors
29,565
29,565
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).