| Sasauto Parts & Accessories Ltd |
| Registered Number:09282676 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
Sasauto Parts & Accessories Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Sasauto Parts & Accessories Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
856
1,908
2
856
1,908
69,373
98,215
3
| Trade and other receivables |
43,046
1,891
4
20,476
| Cash and cash equivalents |
68,161
168,267
132,895
| Trade and other payables: amounts falling due within one |
| year |
(41,580)
(46,470)
5
91,315
121,797
Net current assets
| Total assets less current liabilities |
122,653
93,223
| Trade and other payables: amounts falling due after more |
| than one year |
(5,707)
(2,500)
6
120,153
Net assets
87,516
2
2
120,151
87,514
120,153
87,516
Shareholders' funds
| For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 02 July 2025 and were signed by: |
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For the year ended 31 October 2024
Sasauto Parts & Accessories Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 October 2024
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements
Statutory Information
| Sasauto Parts & Accessories Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09282676. |
185 Forum House Empire Way
Wembley
London
HA9 0HL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, 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: |
Computer Equipment
Motor Vehicles
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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For the year ended 31 October 2024
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
7,767
567
7,200
580
580
-
7,200
1,147
8,347
| Provision for depreciation and impairment |
5,859
99
5,760
Charge for year
1,632
192
1,440
7,491
291
7,200
-
856
856
1,440
468
1,908
2023
2024
98,215
69,373
| 4. Trade and other receivables |
2023
2024
514
42,941
1,377
105
43,046
1,891
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For the year ended 31 October 2024
Sasauto Parts & Accessories Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
| Bank loans and overdraft (secured) |
3,000
2,793
-
1,783
199
586
| Taxation and social security |
15,574
14,927
27,697
21,491
46,470
41,580
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
| Bank loans and overdraft (secured) |
2,500
5,707
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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