| Registered number: 13915321 | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| Prepared By: | ||||||||
| Lions Accountants Limited | ||||||||
| Chartered Accountants and Tax Advisers | ||||||||
| SAGES LONDON LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 13915321 | ||||||||
| ACCOUNTANTS | ||||||||
| Lions Accountants Limited | ||||||||
| Chartered Accountants and Tax Advisers | ||||||||
| SAGES LONDON LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MARCH 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| SAGES LONDON LTD | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 110,307 | 106,000 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 99,376 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 6 | 35,000 | 25,000 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Share premium account | 8 | |||||||||
| Profit and loss account | ( 255,078 ) | ( 47,812 ) | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| SAGES LONDON LTD | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Equipment | straight line 33.33% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1d. Government Grants | ||||||||
| Government grants are recognised in profit and loss in the year in which they are received. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| SAGES LONDON LTD | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Equipment | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 April 2024 | 38,940 | 38,940 | ||
| Additions | 29,969 | 29,969 | ||
| Disposals | ( 18,100 ) | ( 18,100 ) | ||
| At 31 March 2025 | 50,809 | 50,809 | ||
| Depreciation | ||||
| At 1 April 2024 | 9,131 | 9,131 | ||
| Disposals | ( 4,022 ) | ( 4,022 ) | ||
| For the year | 15,818 | 15,818 | ||
| At 31 March 2025 | 20,927 | 20,927 | ||
| Net Book Amounts | ||||
| At 31 March 2025 | 29,882 | |||
| At 31 March 2024 | 29,809 | |||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 216 | - | ||||||
| VAT | 16,391 | 1,457 | ||||||
| Other debtors | 10,000 | - | ||||||
| 26,607 | 1,457 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| PAYE control | 5,025 | - | ||||||
| Directors current account | 6,624 | 6,624 | ||||||
| Trade creditors | 79,824 | - | ||||||
| Pension schemes | 838 | - | ||||||
| 92,311 | 6,624 | |||||||
| SAGES LONDON LTD | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Other creditors > 1yr | 35,000 | 25,000 | ||||||
| 35,000 | 25,000 | |||||||
| These are convertible loan notes and advance subscription agreements. They do not carry interest, but are capable of being converted into shares in the future. | ||||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 0.35545 | 0.28 | |||||||
| 2.00425 | 2.00 | |||||||
| 0.07236 | 0.05 | |||||||
| 2 | 2 | |||||||
| New shares issued during period: | ||||||||
| 7324 | 0.07324 | 0.28 | ||||||
| 425 | 0.00425 | 2.00 | ||||||
| 2129 | 0.02129 | 0.05 | ||||||
| 8. SHARE PREMIUM ACCOUNT | 2025 | 2024 | ||||
| £ | £ | |||||
| Share premium account | 267,954 | 151,995 |