BrightAccountsProduction v1.0.0 v1.0.0 2023-08-03 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The company's principal activity during the year was hosting a live performance event. 1 August 2025 2 15047965 2024-08-31 15047965 2023-08-02 15047965 2023-08-03 2024-08-31 15047965 uk-bus:PrivateLimitedCompanyLtd 2023-08-03 2024-08-31 15047965 uk-curr:PoundSterling 2023-08-03 2024-08-31 15047965 uk-bus:AbridgedAccounts 2023-08-03 2024-08-31 15047965 uk-core:ShareCapital 2024-08-31 15047965 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 15047965 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-08-31 15047965 uk-bus:FRS102 2023-08-03 2024-08-31 15047965 2023-08-03 2024-08-31 15047965 uk-bus:Director1 2023-08-03 2024-08-31 15047965 uk-bus:AuditExempt-NoAccountantsReport 2023-08-03 2024-08-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
SOUTH ASIAN CULTURAL CIRCLE LTD
 
Abridged Unaudited Financial Statements
 
for the financial period from 3 August 2023 (date of incorporation) to 31 August 2024



SOUTH ASIAN CULTURAL CIRCLE LTD
Company Registration Number: 15047965
ABRIDGED BALANCE SHEET
as at 31 August 2024

Aug 24
Notes £
 
Current Assets
Debtors (300)
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Net Current Liabilities (300)
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Total Assets less Current Liabilities (300)
 
Creditors:
amounts falling due after more than one year (600)
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Net Liabilities (900)
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Capital and Reserves
Called up share capital 200
Retained earnings (1,100)
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Equity attributable to owners of the company (900)
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
       
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
       
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial period from 3 August 2023 (date of incorporation) to 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Board and authorised for issue on 1 August 2025 and signed on its behalf by
       
       
________________________________      
Anshuman Singh      
Director      
       



SOUTH ASIAN CULTURAL CIRCLE LTD
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial period from 3 August 2023 (date of incorporation) to 31 August 2024

   
1. General Information
 
SOUTH ASIAN CULTURAL CIRCLE LTD is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 15047965. The registered office of the company is 9 Kilmartin Gardens, Frimley, Camberley,, England, GU16 8XL, United Kingdom. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 August 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 12 month 29 days period from 3 August 2023 (date of incorporation) to 31 August 2024.
   
4. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
5. Employees
 
The average monthly number of employees, including directors, during the financial period was 2, (Aug 23 - 0).
 
  Aug 24
  Number
 
Director 2
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