Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity2023-01-262The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false0falsetruefalse 14617959 2023-01-25 14617959 2023-01-26 2024-03-31 14617959 2022-01-26 2023-01-25 14617959 2024-03-31 14617959 c:Director2 2023-01-26 2024-03-31 14617959 d:FreeholdInvestmentProperty 2023-01-26 2024-03-31 14617959 d:FreeholdInvestmentProperty 2024-03-31 14617959 d:CurrentFinancialInstruments 2024-03-31 14617959 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14617959 d:ShareCapital 2024-03-31 14617959 d:RetainedEarningsAccumulatedLosses 2024-03-31 14617959 c:FRS102 2023-01-26 2024-03-31 14617959 c:AuditExempt-NoAccountantsReport 2023-01-26 2024-03-31 14617959 c:FullAccounts 2023-01-26 2024-03-31 14617959 c:PrivateLimitedCompanyLtd 2023-01-26 2024-03-31 14617959 d:EntityControlledByKeyManagementPersonnel1 2023-01-26 2024-03-31 14617959 d:EntityControlledByKeyManagementPersonnel1 2024-03-31 14617959 e:PoundSterling 2023-01-26 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14617959









SABK AAA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SABK AAA LTD
REGISTERED NUMBER: 14617959

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Investment property
 4 
3,079,318

  
3,079,318

  

Creditors: amounts falling due within one year
 5 
(3,248,731)

Net current (liabilities)/assets
  
 
 
(3,248,731)

Total assets less current liabilities
  
(169,413)

  

Net (liabilities)/assets
  
(169,413)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(169,513)

  
(169,413)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 December 2024.




A Khan
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
SABK AAA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

SABK AAA Limited is a private company, limited by shares, domiciled in England and Wales, registration
number 14617959. The registered office is 34 Widecombe Gardens, Ilford, Essex, United Kingdom, IG4 5LT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 2

 
SABK AAA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Average number of employees
2


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
3,079,318



At 31 March 2024
3,079,318

The 2024 valuations were made by director, on an open market value for existing use basis.



At 31 March 2024




Page 3

 
SABK AAA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
1,075,251

Other creditors
2,170,780

Accruals and deferred income
2,700

3,248,731



6.


Related party transactions

At the year end the following amounts were due from/(to) realted parties:


2024
£

Entities under common control
1,075,251
1,075,251


7.


Controlling party

The company is controlled by SABK Holding Limited and A Ali by their shareholding in the
company.
 
Page 4