Sarakan Limited 01028133 true 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is dormant Digita Accounts Production Advanced 6.30.9574.0 true J M Groves P C Whatley false 01028133 2023-08-01 2024-07-31 01028133 2024-07-31 01028133 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-07-31 01028133 core:ShareCapital 2024-07-31 01028133 core:CurrentFinancialInstruments 2024-07-31 01028133 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 01028133 bus:FRS102 2023-08-01 2024-07-31 01028133 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 01028133 bus:FullAccounts 2023-08-01 2024-07-31 01028133 bus:Director1 2023-08-01 2024-07-31 01028133 bus:Director2 2023-08-01 2024-07-31 01028133 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-08-01 2024-07-31 01028133 bus:EntityHasNeverTraded 2023-08-01 2024-07-31 01028133 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 01028133 1 2023-08-01 2024-07-31 01028133 countries:EnglandWales 2023-08-01 2024-07-31 01028133 2023-07-31 01028133 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-07-31 01028133 core:ShareCapital 2023-07-31 01028133 core:CurrentFinancialInstruments 2023-07-31 01028133 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01028133

Sarakan Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2024

 

Sarakan Limited

Profit and Loss Account for the Year Ended 31 July 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Sarakan Limited

(Registration number: 01028133)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Current assets

 

Debtors

2

1

1

Capital and reserves

 

Called up share capital

3

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 25 February 2025 and signed on its behalf by:
 

J M Groves

Director

 

Sarakan Limited

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

1

Accounting policies

Trading status

The company was dormant and has not traded during the year.

Financial instruments


Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
 

2

Debtors

Note

2024
£

2023
£

Amounts owed by related parties

1

1

 

1

1

3

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

4

Control

The company's immediate parent is G. R. Lane Holdings Limited, incorporated in United Kingdom.