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REGISTERED NUMBER: 02525413 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SABRE ADVANCED MICRO ELECTRONICS LTD

SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SABRE ADVANCED MICRO ELECTRONICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P T Hogan
Mrs C Hogan





SECRETARY: P T Hogan





REGISTERED OFFICE: Unit A4a Rowood Estate
Murdock Road
Bicester
OX26 4PP





REGISTERED NUMBER: 02525413 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,131 11,061

CURRENT ASSETS
Stocks 205,849 200,227
Debtors 5 123,108 35,380
Cash at bank and in hand 135,333 158,090
464,290 393,697
CREDITORS
Amounts falling due within one year 6 287,102 200,928
NET CURRENT ASSETS 177,188 192,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,319

203,830

CREDITORS
Amounts falling due after more than one year 7 46,995 36,000
NET ASSETS 160,324 167,830

CAPITAL AND RESERVES
Called up share capital 8 947 947
Revaluation reserve 40 40
Retained earnings 159,337 166,843
SHAREHOLDERS' FUNDS 160,324 167,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





P T Hogan - Director


SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Sabre Advanced Micro Electronics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the Revenue costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Revenue is recognised for the sale of goods when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on the dispatch of goods), the amount of revenue can be measured reliably, it is probable that the economic benefit will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance
Motor Vehicle - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 21,709 - 173,459 195,168
Additions - 27,295 - 27,295
At 30 April 2024 21,709 27,295 173,459 222,463
DEPRECIATION
At 1 May 2023 17,454 - 166,653 184,107
Charge for year 1,064 5,459 1,702 8,225
At 30 April 2024 18,518 5,459 168,355 192,332
NET BOOK VALUE
At 30 April 2024 3,191 21,836 5,104 30,131
At 30 April 2023 4,255 - 6,806 11,061

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,983 13,001
Other debtors 50,375 18,629
Prepayments 3,750 3,750
123,108 35,380

SABRE ADVANCED MICRO ELECTRONICS LTD (REGISTERED NUMBER: 02525413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,537 -
Other loans 6,000 6,000
Hire purchase contracts 4,200 -
Trade creditors 162,454 85,938
Tax 18,151 10,589
Social security and other taxes 76,860 68,005
Other creditors 11,664 14,917
Directors' current accounts 236 13,479
Accruals and deferred income 3,000 2,000
287,102 200,928

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - >1 year 30,000 36,000
Hire purchase contracts 16,995 -
46,995 36,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
414 Ordinary A £1 414 414
200 Ordinary B £1 200 200
333 Ordinary £1 333 333
947 947

9. RELATED PARTY DISCLOSURES

There is a loan with Sabre Advanced Electronics B. V. a company that is registered in the Netherlands and is owned 100% by the directors.