2023-09-01 2024-08-31 false Capium Accounts Production 1.1 13583883 2023-09-01 2024-08-31 13583883 bus:FullAccounts 2023-09-01 2024-08-31 13583883 bus:FRS102 2023-09-01 2024-08-31 13583883 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13583883 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13583883 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13583883 2023-09-01 2024-08-31 13583883 2024-08-31 13583883 bus:RegisteredOffice 2023-09-01 2024-08-31 13583883 core:WithinOneYear 2024-08-31 13583883 core:AfterOneYear 2024-08-31 13583883 1 2023-09-01 2024-08-31 13583883 bus:Director1 2023-09-01 2024-08-31 13583883 bus:Director1 2024-08-31 13583883 bus:Director1 2022-09-01 2023-08-31 13583883 bus:Director2 2023-09-01 2024-08-31 13583883 bus:Director2 2024-08-31 13583883 bus:Director2 2022-09-01 2023-08-31 13583883 2022-09-01 13583883 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 13583883 2022-09-01 2023-08-31 13583883 2023-08-31 13583883 core:WithinOneYear 2023-08-31 13583883 core:AfterOneYear 2023-08-31 13583883 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 13583883 core:PlantMachinery 2023-09-01 2024-08-31 13583883 core:PlantMachinery 2024-08-31 13583883 core:PlantMachinery 2023-08-31 13583883 core:FurnitureFittings 2023-09-01 2024-08-31 13583883 core:FurnitureFittings 2024-08-31 13583883 core:FurnitureFittings 2023-08-31 13583883 core:ComputerEquipment 2023-09-01 2024-08-31 13583883 core:ComputerEquipment 2024-08-31 13583883 core:ComputerEquipment 2023-08-31 13583883 core:InvestmentProperties 2023-09-01 2024-08-31 13583883 core:InvestmentProperties 2024-08-31 13583883 core:InvestmentProperties 2023-08-31 13583883 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 13583883 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 13583883 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 13583883 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 13583883 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 13583883 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 13583883 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 13583883 core:Non-currentFinancialInstruments 2024-08-31 13583883 core:Non-currentFinancialInstruments 2023-08-31 13583883 core:RetainedEarningsAccumulatedLosses 2024-08-31 13583883 core:RetainedEarningsAccumulatedLosses 2023-08-31 13583883 dpl:Item1 2023-09-01 13583883 dpl:Item1 2024-08-31 13583883 dpl:Item1 2022-09-01 13583883 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13583883
England and Wales

 

 

 

SARN LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Directors Dr Nitin Gupta
Dr Saloni Jain
Registered Number 13583883
Registered Office 97 Cecil Road
Gowerton
Swansea
SA4 3DN
Accountants Accountaxify Ltd
Quest House St Mellons Business Park
Fortran Road
Cardiff
CF3 0EY
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 August 2024
Principal activities
The companys principal activity during the year was that of property management.
Directors
The directors who served the company throughout the year were as follows:
Dr Nitin Gupta
Dr Saloni Jain

This report was approved by the board and signed on its behalf by:


----------------------------------
Dr Saloni Jain
Director

Date approved: 17 May 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 588,506    587,314 
588,506    587,314 
Current assets      
Cash at bank and in hand 12,911    5,747 
Creditors: amount falling due within one year 4 (557,251)   (566,057)
Net current assets (544,340)   (560,310)
 
Total assets less current liabilities 44,166    27,004 
Provisions for liabilities 5 (4,144)   (4,144)
Net assets 40,022    22,860 
 

Capital and reserves
     
Fair Value Reserves 6 21,572    21,572 
Profit and loss account 18,450    1,288 
Shareholders' funds 40,022    22,860 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 17 May 2025 and were signed on its behalf by:


-------------------------------
Dr Saloni Jain
Director
3
General Information
SARN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13583883, registration address 97 Cecil Road, Gowerton, Swansea, SA4 3DN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Straight Line
Fixtures and Fittings 25% Straight Line
Computer Equipment 25% Straight Line
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees and directors

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Investment properties   Total
  £   £   £   £   £
At 01 September 2023 1,082    4,130      583,540    588,752 
Additions     3,325      3,325 
Disposals        
At 31 August 2024 1,082    4,130    3,325    583,540    592,077 
Depreciation
At 01 September 2023 405    1,033        1,438 
Charge for year 270    1,032    831      2,133 
On disposals        
At 31 August 2024 675    2,065    831      3,571 
Net book values
Closing balance as at 31 August 2024 407    2,065    2,494    583,540    588,506 
Opening balance as at 01 September 2023 677    3,097      583,540    587,314 


4.

Creditors: amount falling due within one year

2024
£
  2023
£
Corporation Tax 3,509   
Accrued Expenses 1,200    1,080 
Other Creditors 3,294    (1)
Directors' Current Accounts 549,248    564,978 
557,251    566,057 

5.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 4,144    4,144 
4,144    4,144 

6.

Fair Value Reserves

2024
£
  2023
£
Fair Value Reserve b/fwd 21,572    21,572 
21,572    21,572 

4