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Company Registration No. 05726608 (England and Wales)
Sarah's Wallpaper & Interiors Ltd Unaudited accounts for the year ended 31 March 2024
Sarah's Wallpaper & Interiors Ltd Unaudited accounts Contents
Page
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Sarah's Wallpaper & Interiors Ltd Company Information for the year ended 31 March 2024
Director
Mr.Humza Salim
Company Number
05726608 (England and Wales)
Registered Office
37 Oak Lane Bradford West Yorkshire BD9 4QB UK
Accountants
Malik Chopdat & Co 99 Manningham Lane Bradford West Yorkshire BD1 3BN
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Sarah's Wallpaper & Interiors Ltd Accountants' report
Accountants' report to the director of Sarah's Wallpaper & Interiors Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sarah's Wallpaper & Interiors Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Sarah's Wallpaper & Interiors Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Sarah's Wallpaper & Interiors Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sarah's Wallpaper & Interiors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sarah's Wallpaper & Interiors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sarah's Wallpaper & Interiors Ltd. You consider that Sarah's Wallpaper & Interiors Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Sarah's Wallpaper & Interiors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Malik Chopdat & Co 99 Manningham Lane Bradford West Yorkshire BD1 3BN 4 March 2025
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Sarah's Wallpaper & Interiors Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,170 
6,170 
Tangible assets
2,620 
3,131 
8,790 
9,301 
Current assets
Inventories
242,512 
231,117 
Debtors
2,532 
8,334 
Cash at bank and in hand
7,518 
10,257 
252,562 
249,708 
Creditors: amounts falling due within one year
(37,246)
(23,813)
Net current assets
215,316 
225,895 
Total assets less current liabilities
224,106 
235,196 
Creditors: amounts falling due after more than one year
(50,945)
(70,186)
Net assets
173,161 
165,010 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
173,061 
164,910 
Shareholders' funds
173,161 
165,010 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 March 2025 and were signed on its behalf by
Mr.Humza Salim Director Company Registration No. 05726608
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Sarah's Wallpaper & Interiors Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sarah's Wallpaper & Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 05726608. The registered office is 37 Oak Lane, Bradford, West Yorkshire, BD9 4QB, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
15% Reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised at a rate of 2% straight line basis..
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
8,750 
At 31 March 2024
8,750 
Amortisation
At 1 April 2023
2,580 
At 31 March 2024
2,580 
Net book value
At 31 March 2024
6,170 
At 31 March 2023
6,170 
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Sarah's Wallpaper & Interiors Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
19,031 
At 31 March 2024
19,031 
Depreciation
At 1 April 2023
15,900 
Charge for the year
511 
At 31 March 2024
16,411 
Net book value
At 31 March 2024
2,620 
At 31 March 2023
3,131 
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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