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Company Registration No. 12458117 (England and Wales)
SANDHU & SONY LIMITED Unaudited accounts for the year ended 29 February 2024
SANDHU & SONY LIMITED Unaudited accounts Contents
Page
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SANDHU & SONY LIMITED Company Information for the year ended 29 February 2024
Director
Amninder Singh Sandhu
Company Number
12458117 (England and Wales)
Registered Office
40 Rydal Avenue Reading Berkshire RG30 6XT UK
Accountants
KBN Accountants Limited 12a, Castle Street Reading Berkshire RG1 7RD
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SANDHU & SONY LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,000 
3,500 
Tangible assets
28,112 
26,239 
31,112 
29,739 
Current assets
Inventories
4,500 
3,000 
Cash at bank and in hand
2,871 
2,835 
7,371 
5,835 
Creditors: amounts falling due within one year
(104,199)
(19,873)
Net current liabilities
(96,828)
(14,038)
Total assets less current liabilities
(65,716)
15,701 
Creditors: amounts falling due after more than one year
(45,101)
(42,909)
Net liabilities
(110,817)
(27,208)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(110,917)
(27,308)
Shareholders' funds
(110,817)
(27,208)
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 his 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 29 November 2024 and were signed on its behalf by
Amninder Singh Sandhu Director Company Registration No. 12458117
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SANDHU & SONY LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SANDHU & SONY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12458117. The registered office is 40 Rydal Avenue, Reading, Berkshire, RG30 6XT, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
Reducing Balance 20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation, amortised over 10 years in straight line basis
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
5,000 
At 29 February 2024
5,000 
Amortisation
At 1 March 2023
1,500 
Charge for the year
500 
At 29 February 2024
2,000 
Net book value
At 29 February 2024
3,000 
At 28 February 2023
3,500 
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SANDHU & SONY LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
47,530 
Additions
8,901 
At 29 February 2024
56,431 
Depreciation
At 1 March 2023
21,291 
Charge for the year
7,028 
At 29 February 2024
28,319 
Net book value
At 29 February 2024
28,112 
At 28 February 2023
26,239 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,444 
5,903 
Trade creditors
1,568 
17,394 
Taxes and social security
5,605 
11,367 
Other creditors
239 
239 
Loans from directors
77,351 
(20,725)
Accruals
11,992 
5,695 
104,199 
19,873 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
45,101 
42,909 
8
Loans to directors
Director loan settled
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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