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REGISTERED NUMBER: 13355295 (England and Wales)















Financial Statements for the Year Ended 29 April 2024

for

Sarj Holdings Limited

Sarj Holdings Limited (Registered number: 13355295)






Contents of the Financial Statements
for the Year Ended 29 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sarj Holdings Limited

Company Information
for the Year Ended 29 April 2024







DIRECTORS: A K K Popat
S P Kanabar





REGISTERED OFFICE: 7 Marlborough Avenue
Southgate
London
N14 7LE





REGISTERED NUMBER: 13355295 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Sarj Holdings Limited (Registered number: 13355295)

Balance Sheet
29 April 2024

29.4.24 29.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,661,243 1,605,000

CURRENT ASSETS
Debtors 5 34,415 28,596
Cash at bank and in hand 3,000 8,554
37,415 37,150
CREDITORS
Amounts falling due within one year 6 385,077 719,808
NET CURRENT LIABILITIES (347,662 ) (682,658 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,313,581

922,342

CREDITORS
Amounts falling due after more than one
year

7

(1,164,053

)

(714,053

)

PROVISIONS FOR LIABILITIES (38,074 ) (52,974 )
NET ASSETS 111,454 155,315

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 111,452 155,313
111,454 155,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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.

Sarj Holdings Limited (Registered number: 13355295)

Balance Sheet - continued
29 April 2024


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 12 March 2025 and were signed on its behalf by:





S P Kanabar - Director


Sarj Holdings Limited (Registered number: 13355295)

Notes to the Financial Statements
for the Year Ended 29 April 2024

1. STATUTORY INFORMATION

Sarj Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised as the rent becomes due.
.

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.

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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 NIL (2023 - NIL).

Sarj Holdings Limited (Registered number: 13355295)

Notes to the Financial Statements - continued
for the Year Ended 29 April 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 April 2023 1,605,000
Additions 56,243
At 29 April 2024 1,661,243
NET BOOK VALUE
At 29 April 2024 1,661,243
At 29 April 2023 1,605,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£    £   
Other debtors 34,415 28,596

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£    £   
Other creditors 385,077 719,808

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.4.24 29.4.23
£    £   
Bank loans 1,164,053 714,053

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 714,053 714,053

8. SECURED DEBTS

The following secured debts are included within creditors:

29.4.24 29.4.23
£    £   
Bank loans 1,164,053 714,053
Other loans - 253,833
1,164,053 967,886

9. RELATED PARTY DISCLOSURES

Included in other debtors at 29th April 2024 is £33,600 owed from related parties. Included in other creditors at 29th April 2024 is £379,679 owed to related parties. the loans are interest free and repayable on demand.