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REGISTERED NUMBER: 10271826















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024

FOR

SAS ACCOUNTANT LTD

SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAS ACCOUNTANT LTD

COMPANY INFORMATION
for the Year Ended 31st July 2024







DIRECTOR: G Wood





REGISTERED OFFICE: 16 Hennals Avenue
Redditch
Worcestershire
B97 5RX





REGISTERED NUMBER: 10271826






SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

BALANCE SHEET
31st July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 71,805 95,972
Tangible assets 5 13,212 12,650
85,017 108,622

CURRENT ASSETS
Debtors 6 68,165 63,931
Cash in hand 104 -
68,269 63,931
CREDITORS
Amounts falling due within one year 7 146,303 163,178
NET CURRENT LIABILITIES (78,034 ) (99,247 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,983 9,375

CREDITORS
Amounts falling due after more than one
year

8

4,550

6,825
NET ASSETS 2,433 2,550

CAPITAL AND RESERVES
Called up share capital 9 1,002 2
Retained earnings 1,431 2,548
SHAREHOLDERS' FUNDS 2,433 2,550

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

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

The director acknowledges his 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.

SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

BALANCE SHEET - continued
31st July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st May 2025 and were signed by:





G Wood - Director


SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

SAS Accountant Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

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


2. ACCOUNTING POLICIES - continued

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 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2023
and 31st July 2024 120,833
AMORTISATION
At 1st August 2023 24,861
Amortisation for year 24,167
At 31st July 2024 49,028
NET BOOK VALUE
At 31st July 2024 71,805
At 31st July 2023 95,972

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st August 2023 9,186 11,169 20,355
Additions 1,563 5,885 7,448
At 31st July 2024 10,749 17,054 27,803
DEPRECIATION
At 1st August 2023 2,232 5,473 7,705
Charge for year 2,185 4,701 6,886
At 31st July 2024 4,417 10,174 14,591
NET BOOK VALUE
At 31st July 2024 6,332 6,880 13,212
At 31st July 2023 6,954 5,696 12,650

SAS ACCOUNTANT LTD (REGISTERED NUMBER: 10271826)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,621 53,418
Other debtors 10,544 10,513
68,165 63,931

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,342 13,713
Trade creditors 38,951 38,760
Taxation and social security 93,914 40,913
Other creditors 96 69,792
146,303 163,178

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 4,550 6,825

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1,000 1
1 Ordinary A £1 2 1
1,002 2