Company Registration No. SC690332 (Scotland)
Babas Sauce Ltd
Unaudited accounts
for the year ended 28 February 2025
Babas Sauce Ltd
Unaudited accounts
Contents
Babas Sauce Ltd
Company Information
for the year ended 28 February 2025
Director
Rezaul Sunny Mollah
Company Number
SC690332 (Scotland)
Registered Office
17 Dalgleish Road
Dundee
Angus
DD4 7JN
Scotland
Babas Sauce Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
21,471
17,670
Cash at bank and in hand
11,361
7,309
Creditors: amounts falling due within one year
(6,871)
(12,229)
Net current assets
65,691
19,157
Total assets less current liabilities
87,342
37,037
Creditors: amounts falling due after more than one year
(4,423)
-
Called up share capital
10,000
10,000
Share premium
118,576
122,500
Profit and loss account
(45,657)
(95,463)
Shareholders' funds
82,919
37,037
For the year ending 28 February 2025 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.
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 24 April 2025 and were signed on its behalf by
Rezaul Sunny Mollah
Director
Company Registration No. SC690332
Babas Sauce Ltd
Notes to the Accounts
for the year ended 28 February 2025
Babas Sauce Ltd is a private company, limited by shares, registered in Scotland, registration number SC690332. The registered office is 17 Dalgleish Road, Dundee, Angus, DD4 7JN, Scotland.
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.
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
20% Reducing Balance
Computer equipment
33.33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Babas Sauce Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
29,993
1,578
746
32,317
At 28 February 2025
39,497
1,578
746
41,821
At 1 March 2024
13,456
769
422
14,647
Charge for the year
5,319
163
221
5,703
At 28 February 2025
18,775
932
643
20,350
At 28 February 2025
20,722
646
103
21,471
At 29 February 2024
16,537
809
324
17,670
Amounts falling due within one year
Trade debtors
38,786
3,216
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,778
8,995
Taxes and social security
4,843
1,827
Loans from directors
-
1,348
Babas Sauce Ltd
Notes to the Accounts
for the year ended 28 February 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).