Company Registration No. SC705563 (Scotland)
SAPHire Services Ltd
Unaudited accounts
for the year ended 31 August 2024
SAPHire Services Ltd
Unaudited accounts
Contents
SAPHire Services Ltd
Company Information
for the year ended 31 August 2024
Company Number
SC705563 (Scotland)
Registered Office
Flat A Fiscals House
1 South Street
Perth
PH2 8NJ
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
SAPHire Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
23,264
32,381
Cash at bank and in hand
80,588
54,627
Creditors: amounts falling due within one year
(33,873)
(22,841)
Net current assets
72,891
47,702
Total assets less current liabilities
96,155
80,083
Creditors: amounts falling due after more than one year
(16,092)
(23,628)
Called up share capital
2
2
Profit and loss account
80,061
56,453
Shareholders' funds
80,063
56,455
For the year ending 31 August 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 23 December 2024 and were signed on its behalf by
Alan Conway
Director
Company Registration No. SC705563
SAPHire Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
SAPHire Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC705563. The registered office is Flat A Fiscals House , 1 South Street , Perth , PH2 8NJ.
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
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
3,215
36,927
540
2,347
43,029
At 31 August 2024
3,215
36,927
540
2,347
43,029
At 1 September 2023
1,608
7,385
270
1,385
10,648
Charge for the year
804
7,385
135
793
9,117
At 31 August 2024
2,412
14,770
405
2,178
19,765
At 31 August 2024
803
22,157
135
169
23,264
At 31 August 2023
1,607
29,542
270
962
32,381
SAPHire Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
25,536
15,276
Accrued income and prepayments
640
640
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,536
6,845
Taxes and social security
16,974
7,492
Loans from directors
45
(163)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,092
23,628
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).