IRIS Accounts Production v25.1.3.33 12181103 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121811032023-08-31121811032024-08-31121811032023-09-012024-08-31121811032022-08-31121811032022-09-012023-08-31121811032023-08-3112181103ns15:EnglandWales2023-09-012024-08-3112181103ns14:PoundSterling2023-09-012024-08-3112181103ns10:Director12023-09-012024-08-3112181103ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112181103ns10:SmallEntities2023-09-012024-08-3112181103ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112181103ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112181103ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112181103ns10:FullAccounts2023-09-012024-08-3112181103ns10:CompanySecretary12023-09-012024-08-3112181103ns10:RegisteredOffice2023-09-012024-08-3112181103ns5:CurrentFinancialInstruments2024-08-3112181103ns5:CurrentFinancialInstruments2023-08-3112181103ns5:Non-currentFinancialInstruments2024-08-3112181103ns5:Non-currentFinancialInstruments2023-08-3112181103ns5:ShareCapital2024-08-3112181103ns5:ShareCapital2023-08-3112181103ns5:RetainedEarningsAccumulatedLosses2024-08-3112181103ns5:RetainedEarningsAccumulatedLosses2023-08-3112181103ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3112181103ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 12181103 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ELAINE SAGAR LTD

ELAINE SAGAR LTD (REGISTERED NUMBER: 12181103)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELAINE SAGAR LTD

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTOR: Mrs K E Sagar





SECRETARY:





REGISTERED OFFICE: Sunflower Childrens Centre
Victoria Street
Newton
Hyde
Cheshire
SK14 4AA





REGISTERED NUMBER: 12181103 (England and Wales)





ACCOUNTANTS: Moss and Williamson Limited
Chartered Accountants
11 Stamford Street
Stalybridge
Cheshire
SK15 1JP

ELAINE SAGAR LTD (REGISTERED NUMBER: 12181103)

BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 4 41,047 37,259
Cash at bank 197 1,134
41,244 38,393
CREDITORS
Amounts falling due within one year 5 17,699 15,020
NET CURRENT ASSETS 23,545 23,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,545

23,373

CREDITORS
Amounts falling due after more than one
year

6

2,270

5,287
NET ASSETS 21,275 18,086

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 21,274 18,085
21,275 18,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ELAINE SAGAR LTD (REGISTERED NUMBER: 12181103)

BALANCE SHEET - continued
31 August 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 director and authorised for issue on 29 May 2025 and were signed by:





Mrs K E Sagar - Director


ELAINE SAGAR LTD (REGISTERED NUMBER: 12181103)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Elaine Sagar Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 41,047 37,259

ELAINE SAGAR LTD (REGISTERED NUMBER: 12181103)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 3,195 3,194
Taxation and social security 11,906 9,211
Other creditors 2,598 2,615
17,699 15,020

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 2,270 5,287

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £33,372 (2023 - £32,850) were paid to the director .

At the financial year end, the company was owed £23,768 from Mrs K E Sagar (2023 - £26,380) and £6,400 by Future Beginnings Limited.

During the year, the company received consultancy fees from Sunflower Children's Centre Ltd £29,750, Sunflower Stalybridge Ltd £24,500 and from Sunflower Children's Centre Property Management Ltd £5,900.

At the financial year end the company owed Sunflower Stalybridge Ltd £1,254 (2023 - £1,254).

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K E Sagar.