| |
|
31/03/2025 |
|
31/03/2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
6,111 |
|
|
6,839 |
| Current assets |
|
209 |
|
|
17,589 |
|
| Prepayments and accrued income |
|
0 |
|
|
4,302 |
|
| Creditors: amount falling due within one year |
|
(118,922) |
|
|
(107,529) |
|
|
Net current assets
|
|
|
(118,713)
|
|
|
(85,638)
|
|
Total assets less current liabilities
|
|
|
(112,602) |
|
|
(78,799) |
| Provisions for liabilities |
|
|
(1,528) |
|
|
(1,710) |
|
Net assets
|
|
|
(114,130) |
|
|
(80,509) |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
(114,130) |
|
|
(80,509) |
| |
NOTES TO THE ACCOUNTS
General Information
Sarah Catering Ltd is a private company, limited by shares, registered in England and Wales, registration number 13311690, registration address Flat 91 Tenby Court, Tenby Road, London, E17 7AU.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements of the Company for the year ended 31 March 2025 have been prepared in compliance with FRS 105, in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in pound sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
|
| 2. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
8,333 |
|
6,597 |
|
14,930 |
| Additions |
- |
|
1,309 |
|
1,309 |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
8,333 |
|
7,906 |
|
16,239 |
| Depreciation |
| At 01 April 2024 |
4,818 |
|
3,273 |
|
8,091 |
| Charge for year |
879 |
|
1,158 |
|
2,037 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
5,697 |
|
4,431 |
|
10,128 |
| Net book values |
| Closing balance as at 31 March 2025 |
2,636 |
|
3,475 |
|
6,111 |
| Opening balance as at 01 April 2024 |
3,515 |
|
3,324 |
|
6,839 |
|
| 3. |
Average number of employees
Average number of employees during the year was 2 (2024 : 2).
|
|
Director's Transactions
As at the year end, the company owed an amount of £111,483 (2024: £101,772) to its sole director, Kyaw Swar Tin.
|
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 16 July 2025 and were signed by: -------------------------------- Kyaw Swar Tin Director |
2
|