2 2 Sa Dubh Limited 09058941 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is management consultants. Digita Accounts Production Advanced 6.30.9574.0 true 09058941 2023-06-01 2024-05-31 09058941 2024-05-31 09058941 bus:Director1 1 2024-05-31 09058941 bus:OrdinaryShareClass2 2024-05-31 09058941 bus:OrdinaryShareClass3 2024-05-31 09058941 core:CurrentFinancialInstruments 2024-05-31 09058941 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09058941 core:MotorVehicles 2024-05-31 09058941 core:OtherPropertyPlantEquipment 2024-05-31 09058941 bus:SmallEntities 2023-06-01 2024-05-31 09058941 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09058941 bus:FilletedAccounts 2023-06-01 2024-05-31 09058941 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09058941 bus:RegisteredOffice 2023-06-01 2024-05-31 09058941 bus:Director1 2023-06-01 2024-05-31 09058941 bus:Director1 1 2023-06-01 2024-05-31 09058941 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 09058941 bus:OrdinaryShareClass3 2023-06-01 2024-05-31 09058941 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09058941 core:MotorVehicles 2023-06-01 2024-05-31 09058941 core:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 09058941 core:PlantMachinery 2023-06-01 2024-05-31 09058941 core:Vehicles 2023-06-01 2024-05-31 09058941 core:OtherRelatedParties 2023-06-01 2024-05-31 09058941 countries:EnglandWales 2023-06-01 2024-05-31 09058941 bus:Director1 1 2023-05-31 09058941 2022-06-01 2023-05-31 09058941 2023-05-31 09058941 bus:Director1 1 2023-05-31 09058941 bus:OrdinaryShareClass2 2023-05-31 09058941 bus:OrdinaryShareClass3 2023-05-31 09058941 core:CurrentFinancialInstruments 2023-05-31 09058941 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 09058941 bus:Director1 1 2022-06-01 2023-05-31 09058941 bus:Director1 1 2022-05-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 09058941

Sa Dubh Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Sa Dubh Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

Sa Dubh Limited

(Registration number: 09058941)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

47,409

-

Current assets

 

Debtors

5

290,910

225,736

Cash at bank and in hand

 

282,626

178,947

 

573,536

404,683

Creditors: Amounts falling due within one year

6

(34,702)

(18,099)

Net current assets

 

538,834

386,584

Net assets

 

586,243

386,584

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

586,143

386,484

Shareholders' funds

 

586,243

386,584

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 February 2025 and signed on its behalf by:
 

.........................................
J W Black
Director

 

Sa Dubh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Coach House
Belford Hall
Belford
Northumberland
NE70 7EY

These financial statements were authorised for issue by the Board on 17 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

15% straight line

Motor Vehicle

15% straight line

 

Sa Dubh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Sa Dubh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Motor vehicles
 £

Plant & Machinery
£

Total
£

Cost or valuation

Additions

49,919

3,925

53,844

At 31 May 2024

49,919

3,925

53,844

Depreciation

Charge for the year

6,239

196

6,435

At 31 May 2024

6,239

196

6,435

Carrying amount

At 31 May 2024

43,680

3,729

47,409

5

Debtors

Current

2024
£

2023
£

Trade debtors

73,743

-

Other debtors

217,167

225,736

 

290,910

225,736

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

4,684

15,866

Taxation and social security

26,595

-

Accruals and deferred income

2,665

2,233

Other creditors

758

-

34,702

18,099

7

Share capital

Allotted, called up and fully paid shares

 

Sa Dubh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

2024

2023

No.

£

No.

£

A Ordinary share of £1 each

75

75

75

75

B Ordinary share of £1 each

25

25

25

25

100

100

100

100

 

Sa Dubh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

8

Related party transactions

Transactions with directors

2024

At 1 June 2023
£

At 31 May 2024
£

J W Black

Amounts advanced and repaid in the period

(124,712)

(124,712)

2023

At 1 June 2022
£

Repayments by director
£

At 31 May 2023
£

J W Black

Amounts advanced and repaid in the period

(274,752)

150,040

(124,712)

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

9,096

9,096

Contributions paid to money purchase schemes

142,000

24,000

151,096

33,096

Summary of transactions with other related parties

Just Business Results
During the year, the following transactions took place with Just Business Results, a sole trader in which Mr J Black is the owner.
Sales support fees during the year totalled £179,827 (2023 - £133,171). At the balance sheet date, the amount due to Just Business Results was £4,684 (2023 - £15,866).