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REGISTERED NUMBER: 12447778 (England and Wales)

























Unaudited Financial Statements for the Year Ended 27 February 2024

for

Sai Street Partners Limited

Sai Street Partners Limited (Registered number: 12447778)






Contents of the Financial Statements
for the Year Ended 27 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sai Street Partners Limited

Company Information
for the Year Ended 27 February 2024







DIRECTORS: J Dempsey
Miss C F Murphy





REGISTERED OFFICE: Cornmill Cottage Pepper Street
Mobberley
Knutsford
WA16 6JL





REGISTERED NUMBER: 12447778 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Sai Street Partners Limited (Registered number: 12447778)

Balance Sheet
27 February 2024

27.2.24 27.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 452 -
Investment property 5 123,638 123,638
124,090 123,638

CURRENT ASSETS
Debtors 6 37,293 11,733
Cash at bank 3,774 5,381
41,067 17,114
CREDITORS
Amounts falling due within one year 7 37,488 32,623
NET CURRENT ASSETS/(LIABILITIES) 3,579 (15,509 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,669

108,129

CREDITORS
Amounts falling due after more than one year 8 87,911 87,911
NET ASSETS 39,758 20,218

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 39,748 20,208
SHAREHOLDERS' FUNDS 39,758 20,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:



J Dempsey - Director


Sai Street Partners Limited (Registered number: 12447778)

Notes to the Financial Statements
for the Year Ended 27 February 2024

1. STATUTORY INFORMATION

Sai Street Partners 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.

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 £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

3. EMPLOYEES AND DIRECTORS

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

Sai Street Partners Limited (Registered number: 12447778)

Notes to the Financial Statements - continued
for the Year Ended 27 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 674
At 27 February 2024 674
DEPRECIATION
Charge for year 222
At 27 February 2024 222
NET BOOK VALUE
At 27 February 2024 452

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 28 February 2023
and 27 February 2024 123,638
NET BOOK VALUE
At 27 February 2024 123,638
At 27 February 2023 123,638

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Amounts owed by group undertakings 12,445 675
Other debtors 24,848 11,058
37,293 11,733

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Bank loans and overdrafts 21,977 21,977
Taxation and social security 13,713 9,926
Other creditors 1,798 720
37,488 32,623

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
27.2.24 27.2.23
£    £   
Bank loans 87,911 87,911

Sai Street Partners Limited (Registered number: 12447778)

Notes to the Financial Statements - continued
for the Year Ended 27 February 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 27 February 2024 and 27 February 2023:

27.2.24 27.2.23
£    £   
J Dempsey and Miss C F Murphy
Balance outstanding at start of year 10,000 -
Amounts advanced 13,694 10,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,694 10,000

10. RELATED PARTY DISCLOSURES

As at the financial year end date Avro Holdings Limited owed the company £11,813 (2023: £675).
The director, Mr J Dempsey, is also a director of Avro Holdings Limited.

As at the financial year end date Emiko Studios Ltd owed the company £600 (2023: £0). The director, Mr J Dempsey, is also a director of Emiko Studios Ltd