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REGISTERED NUMBER: 07172081 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2023 to 24 May 2024

for

Sarah L. Robinson Limited

Sarah L. Robinson Limited (Registered number: 07172081)






Contents of the Financial Statements
for the Period 1 June 2023 to 24 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sarah L. Robinson Limited

Company Information
for the Period 1 June 2023 to 24 May 2024







DIRECTORS: Mr W J Botha





REGISTERED OFFICE: Suite 1 Concept House
23 Billet Lane
Hornchurch
RM11 1XP





REGISTERED NUMBER: 07172081 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

Sarah L. Robinson Limited (Registered number: 07172081)

Balance Sheet
24 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 251,773 252,705
251,773 252,705

CURRENT ASSETS
Stocks 6 - 11,000
Debtors 7 6,097 232,483
Cash at bank 289,646 564,850
295,743 808,333
CREDITORS
Amounts falling due within one year 8 89,051 98,992
NET CURRENT ASSETS 206,692 709,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

458,465

962,046

CREDITORS
Amounts falling due after more than one
year

9

(6,286

)

(9,079

)

PROVISIONS FOR LIABILITIES (18,697 ) (17,364 )
NET ASSETS 433,482 935,603

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 433,382 935,503
SHAREHOLDERS' FUNDS 433,482 935,603

Sarah L. Robinson Limited (Registered number: 07172081)

Balance Sheet - continued
24 May 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 24 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 24 May 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:





Mr W J Botha - Director


Sarah L. Robinson Limited (Registered number: 07172081)

Notes to the Financial Statements
for the Period 1 June 2023 to 24 May 2024

1. STATUTORY INFORMATION

Sarah L. Robinson 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.

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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly over its estimated useful life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

Sarah L. Robinson Limited (Registered number: 07172081)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 24 May 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 10 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 24 May 2024 240,000
AMORTISATION
At 1 June 2023
and 24 May 2024 240,000
NET BOOK VALUE
At 24 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 June 2023 205,232 201,685 40,553 447,470
Additions - 18,364 501 18,865
At 24 May 2024 205,232 220,049 41,054 466,335
DEPRECIATION
At 1 June 2023 38,285 126,447 30,033 194,765
Charge for period 4,104 14,040 1,653 19,797
At 24 May 2024 42,389 140,487 31,686 214,562
NET BOOK VALUE
At 24 May 2024 162,843 79,562 9,368 251,773
At 31 May 2023 166,947 75,238 10,520 252,705

6. STOCKS
2024 2023
£    £   
Stocks - 11,000

Sarah L. Robinson Limited (Registered number: 07172081)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 24 May 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,531
Directors' current accounts - 229,624
Prepayments 6,097 1,328
6,097 232,483

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 2,794 2,794
Trade creditors 21,557 19,150
Tax 56,223 71,974
Social security and other taxes 997 1,528
Other creditors 636 786
Accrued expenses 6,844 2,760
89,051 98,992

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Finance leases 6,286 9,079

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 24 May 2024 and the year ended 31 May 2023:

2024 2023
£    £   
Mrs S L Robinson
Balance outstanding at start of period 229,624 171,286
Amounts advanced 214,077 240,508
Amounts repaid (418,033 ) (182,170 )
Amounts written off (25,668 ) -
Amounts waived - -
Balance outstanding at end of period - 229,624

Interest was charged on the director's advances at HM Revenue & Customs official rate of 2.25% per annum.