Company Registration No. 12122068 (England and Wales)
SABAI MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 July 2024
SABAI MANAGEMENT LIMITED
Unaudited accounts
Contents
SABAI MANAGEMENT LIMITED
Company Information
for the year ended 31 July 2024
Director
Ms Nuttha Pornpaditkong
Company Number
12122068 (England and Wales)
Registered Office
37 THE MARKET PLACE
FALLODEN WAY
LONDON
NW11 6JT
United Kingdom
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
SABAI MANAGEMENT LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
61,409
81,879
Cash at bank and in hand
6,683
6,183
Creditors: amounts falling due within one year
(180,112)
(188,129)
Net current liabilities
(149,429)
(157,946)
Total assets less current liabilities
(88,020)
(76,067)
Creditors: amounts falling due after more than one year
(22,685)
(25,985)
Net liabilities
(110,705)
(102,052)
Called up share capital
100
100
Profit and loss account
(110,805)
(102,152)
Shareholders' funds
(110,705)
(102,052)
For the year ending 31 July 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 3 March 2025 and were signed on its behalf by
Ms Nuttha Pornpaditkong
Director
Company Registration No. 12122068
SABAI MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
SABAI MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12122068. The registered office is 37 THE MARKET PLACE, FALLODEN WAY, LONDON, NW11 6JT, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
5,355
198,673
1,497
205,525
At 31 July 2024
5,355
198,673
1,497
205,525
At 1 August 2023
3,323
119,458
865
123,646
Charge for the year
508
19,804
158
20,470
At 31 July 2024
3,831
139,262
1,023
144,116
At 31 July 2024
1,524
59,411
474
61,409
At 31 July 2023
2,032
79,215
632
81,879
SABAI MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
21,000
21,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,750
2,817
Loans from directors
178,362
185,312
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).