| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| FOR |
| SAB ASSOCIATES LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| FOR |
| SAB ASSOCIATES LTD |
| SAB ASSOCIATES LTD (REGISTERED NUMBER: 15419972) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| Chartered accountants' report | 5 |
| SAB ASSOCIATES LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite LU.231 |
| The Light Bulb |
| 1 Filament Walk |
| Wandsworth |
| London |
| SW18 4GQ |
| SAB ASSOCIATES LTD (REGISTERED NUMBER: 15419972) |
| BALANCE SHEET |
| 31 OCTOBER 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the director and authorised for issue on |
| SAB ASSOCIATES LTD (REGISTERED NUMBER: 15419972) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| 1. | STATUTORY INFORMATION |
| Sab Associates Ltd is a |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| 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 period 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors | ( |
) |
| Taxation and social security |
| Other creditors |
| SAB ASSOCIATES LTD (REGISTERED NUMBER: 15419972) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 17 JANUARY 2024 TO 31 OCTOBER 2024 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 1 | 100 |
| Ordinary B | 1 | 1 |
| 101 |
| The following shares were allotted and fully paid for cash at par during the period: |
| 100 Ordinary shares of 1 each |
| 1 Ordinary B shares of 1 each |
| 7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| As of year-end, a director's loan of £7,321 was outstanding issued during the year. The Loan is unsecured and repayable on demand. The amount of £7,500 was repaid on 31.03.2025 |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| SAB ASSOCIATES LTD |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sab Associates Ltd for the period ended 31 October 2024 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Sab Associates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sab Associates Ltd and state those matters that we have agreed to state to the director of Sab Associates Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sab Associates Ltd and its director for our work or for this report. |
| It is your duty to ensure that Sab Associates Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sab Associates Ltd. You consider that Sab Associates Ltd is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the financial statements of Sab Associates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Suite LU.231 |
| The Light Bulb |
| 1 Filament Walk |
| Wandsworth |
| London |
| SW18 4GQ |
| Date: ............................................. |