Company Registration No. 08607871 (England and Wales)
SAPORE VERO MANAGEMENT LIMITED
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS
for the year ended 31 July 2024
SAPORE VERO MANAGEMENT LIMITED
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS
Contents
SAPORE VERO MANAGEMENT LIMITED
Company Information
for the year ended 31 July 2024
Company Number
08607871 (England and Wales)
Registered Office
18-20 Crystal Palace Parade
London
SE19 1UA
England
SAPORE VERO MANAGEMENT LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
391,605
394,241
Cash at bank and in hand
35,080
53,127
Creditors: amounts falling due within one year
(274,160)
(241,622)
Net current liabilities
(149,236)
(88,212)
Total assets less current liabilities
242,369
306,029
Creditors: amounts falling due after more than one year
(94,899)
(126,060)
Net assets
147,470
179,969
Called up share capital
8
8
Profit and loss account
147,462
179,961
Shareholders' funds
147,470
179,969
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 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 25 April 2025 and were signed on its behalf by
Mr G Le Pera
Director
Company Registration No. 08607871
SAPORE VERO MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
SAPORE VERO MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08607871. The registered office is 18-20 Crystal Palace Parade, London, SE19 1UA, England.
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Total
SAPORE VERO MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
5
Average number of employees
During the year the average number of employees was 13 (2023: 14).