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REGISTERED NUMBER: 02936058 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

S.B. INTERNATIONAL LIMITED

S.B. INTERNATIONAL LIMITED (REGISTERED NUMBER: 02936058)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


S.B. INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: S Berkovitz





SECRETARY: Mrs M Berkovitz





REGISTERED OFFICE: 32 Montefiore Court
69 Stamford Hill
London
N16 5TY





REGISTERED NUMBER: 02936058 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

S.B. INTERNATIONAL LIMITED (REGISTERED NUMBER: 02936058)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 59 70

CURRENT ASSETS
Debtors 6 14,501 15,845
Cash at bank 12,489 4,630
26,990 20,475
CREDITORS
Amounts falling due within one year 7 (46,720 ) (33,628 )
NET CURRENT LIABILITIES (19,730 ) (13,153 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,671

)

(13,083

)

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (19,673 ) (13,085 )
SHAREHOLDERS' FUNDS (19,671 ) (13,083 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 and authorized for issue by the director and authorised for issue on 13 February 2025 and were signed by:





S Berkovitz - Director


S.B. INTERNATIONAL LIMITED (REGISTERED NUMBER: 02936058)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

S.B. INTERNATIONAL LIMITED 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 - 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

S.B. INTERNATIONAL LIMITED (REGISTERED NUMBER: 02936058)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 June 2023
and 31 May 2024 2,202
DEPRECIATION
At 1 June 2023 2,132
Charge for year 11
At 31 May 2024 2,143
NET BOOK VALUE
At 31 May 2024 59
At 31 May 2023 70

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 1,921 3,265
Other debtors 12,580 12,580
14,501 15,845

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 11,663 3,910
Taxation and social security 5,444 805
Other creditors 29,613 28,913
46,720 33,628

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 June 2023 (13,085 )
Profit for the year 16,332
Dividends (22,920 )
At 31 May 2024 (19,673 )

S.B. INTERNATIONAL LIMITED (REGISTERED NUMBER: 02936058)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £11,460 were paid to the director .