SAREER FURNITURE LIMITED

Company Registration Number:
08909900 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SAREER FURNITURE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SAREER FURNITURE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 189,191 155,025
Total fixed assets: 189,191 155,025
Current assets
Stocks: 224,513 119,390
Debtors:   330,840 219,312
Cash at bank and in hand: 161,048 242,561
Total current assets: 716,401 581,263
Creditors: amounts falling due within one year:   (486,202) (327,289)
Net current assets (liabilities): 230,199 253,974
Total assets less current liabilities: 419,390 408,999
Total net assets (liabilities): 419,390 408,999
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 419,290 408,899
Shareholders funds: 419,390 408,999

The notes form part of these financial statements

SAREER FURNITURE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 December 2024
and signed on behalf of the board by:

Name: Mohammed Jamil Baig
Status: Director

The notes form part of these financial statements

SAREER FURNITURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SAREER FURNITURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 17 22

SAREER FURNITURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 180,000
Additions 57,420
At 31 March 2024 237,420
Depreciation
At 01 April 2023 24,975
Charge for year 23,254
At 31 March 2024 48,229
Net book value
At 31 March 2024 189,191
At 31 March 2023 155,025