S & A Financial Contracts (UK) Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
07709223
. The registered office is The Old Barn, Park Lane, Ramsden Heath, Essex, CM11 1NN.
Transition to FRS 102
S & A Financial Contracts (UK) Limited has outgrown FRS 105 for the year-ended 31 March 2023 and now has to transition to FRS 102.
This is the first year that the company has presented its financial statements under Financial Reporting Standard
102 (FRS 102) issued by the Financial Reporting Council. The following disclosures are required in the year of
transaction. The last financial statements under previous FRS 105 were for the period ended 31 March 2022 and
the date of transition to FRS102 was therefore 1 April 2021. As a consequence of adopting FRS 102, a number of
accounting policies have changed to comply with that standard. The adoption of the accounting policies under
FRS 102 have resulted in no reclassification or remeasurement adjustments.