2023-06-01 09604434 2024-05-31 09604434 2023-06-01 2024-05-31 09604434 2023-05-31 09604434 2022-06-01 2023-05-31 09604434 uk-core:WithinOneYear 2023-05-31 09604434 uk-core:WithinOneYear 2024-05-31 09604434 uk-core:ShareCapital 2024-05-31 09604434 uk-core:ShareCapital 2023-05-31 09604434 uk-core:SharePremium 2024-05-31 09604434 uk-core:SharePremium 2023-05-31 09604434 uk-core:InvestmentPropertiesRevaluationReserve 2024-05-31 09604434 uk-core:InvestmentPropertiesRevaluationReserve 2023-05-31 09604434 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 09604434 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09604434 uk-bus:Director1 2023-06-01 2024-05-31 09604434 uk-core:ComputerEquipment 2023-06-01 2024-05-31 09604434 uk-core:ComputerEquipment 2023-05-31 09604434 uk-core:Buildings 2023-05-31 09604434 uk-core:Buildings 2024-05-31 09604434 uk-core:ComputerEquipment 2024-05-31 iso4217:GBP xbrli:pure 09604434 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09604434 uk-bus:FRS102 2023-06-01 2024-05-31 09604434 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09604434 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Saaaks & Co Limited
Registered Number:09604434
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Saaaks & Co Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09604434
As at 31 May 2024
Saaaks & Co Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,344,270
3,344,270
2
3,344,270
3,344,270
Current assets
2,308
Cash and cash equivalents
3,980
3,980
2,308
Trade and other payables: amounts falling due within one year
(1,412,485)
(1,325,959)
3
(1,410,177)
(1,321,979)
Net current liabilities
Total assets less current liabilities
2,022,291
1,934,093
2,022,291
Net assets
1,934,093
Capital and reserves
Called up share capital
300
300
Share premium account
1,250,000
1,250,000
Fair value reserve
422,605
422,605
Retained earnings
349,386
261,188
2,022,291
1,934,093
Shareholders' funds
For the year ended 31 May 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 ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr A Sawhney Director
These financial statements were approved and authorised for issue by the Board on 05 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Saaaks & Co Limited
Notes to the Financial Statements
Statutory Information
Saaaks & Co Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 09604434.
Registered address:
2 Leander Place
Calcot
Reading
RG31 7DS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Land and
Buildings
£
£
£
Cost or valuation
At 01 June 2023
3,346,747
2,477
3,344,270
At 31 May 2024
3,344,270
2,477
3,346,747
Provision for depreciation and impairment
At 01 June 2023
2,477
2,477
-
At 31 May 2024
2,477
2,477
-
At 31 May 2024
Net book value
3,344,270
-
3,344,270
At 31 May 2023
3,344,270
-
3,344,270
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5
For the year ended 31 May 2024
Saaaks & Co Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
3,300
-
Taxation and social security
41,449
14,391
Other creditors
1,281,210
1,398,094
1,325,959
1,412,485
4. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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