Company registration number 02171454 (England and Wales)
SABRE TRIAD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
SABRE TRIAD LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
SABRE TRIAD LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
102,164
91,016
Current assets
Stocks
1,396,211
1,746,980
Debtors
4
1,233,996
1,668,739
Cash at bank and in hand
3,675,259
2,618,138
6,305,466
6,033,857
Creditors: amounts falling due within one year
5
(1,424,758)
(1,381,583)
Net current assets
4,880,708
4,652,274
Total assets less current liabilities
4,982,872
4,743,290
Provisions for liabilities
(25,540)
(22,754)
Net assets
4,957,332
4,720,536
Capital and reserves
Called up share capital
518,000
518,000
Profit and loss reserves
4,439,332
4,202,536
Total equity
4,957,332
4,720,536

For the financial year ended 31 December 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 of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 February 2025 and are signed on its behalf by:
C Chamberlain
Director
Company registration number 02171454 (England and Wales)
SABRE TRIAD LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 January 2023
518,000
3,990,889
4,508,889
Year ended 31 December 2023:
Profit and total comprehensive income
-
711,647
711,647
Dividends
-
(500,000)
(500,000)
Balance at 31 December 2023
518,000
4,202,536
4,720,536
Year ended 31 December 2024:
Profit and total comprehensive income
-
736,796
736,796
Dividends
-
(500,000)
(500,000)
Balance at 31 December 2024
518,000
4,439,332
4,957,332
SABRE TRIAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

Sabre Triad Limited is a private company limited by shares incorporated in England and Wales. The registered office is 42 Roman Way, Longridge Road, Preston, Lancashire, PR2 5BD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Sabre Triad Limited is a wholly owned subsidiary of Sabre Triad Holdings Limited and the results of Sabre Triad Limited are included in the consolidated financial statements of Sabre Triad Holdings Limited which are available from the registered office.

1.2
Going concern
The directors are not aware of any material uncertainties affecting the company and consider that the company will have sufficient resources to continue trading for the foreseeable future. As a result the directors have continued to adopt the going concern basis in preparing the financial statements.true
1.3
Turnover
Turnover represents amounts receivable for goods net of VAT and trade discounts.
1.4
Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery
10% Straight line
Fixtures, fittings & equipment
25% Straight line
1.5
Stocks

Stock is valued at the lower of cost and net realisable value. Work in progress and finished goods are valued at selling price.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

SABRE TRIAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the year end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

 

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
26
26
SABRE TRIAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024
109,800
Additions
22,822
At 31 December 2024
132,622
Depreciation and impairment
At 1 January 2024
18,784
Depreciation charged in the year
11,674
At 31 December 2024
30,458
Carrying amount
At 31 December 2024
102,164
At 31 December 2023
91,016
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,193,296
1,538,037
Other debtors
40,700
130,702
1,233,996
1,668,739
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
383,929
592,994
Amounts owed to group undertakings
593,008
193,008
Corporation tax
32,684
215,932
Other taxation and social security
180,518
127,494
Other creditors
188,525
188,936
Accruals and deferred income
46,094
63,219
1,424,758
1,381,583
SABRE TRIAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
6
Operating lease commitments
Lessee

At the balance sheet date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024
2023
£
£
239,291
326,000
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