SAO PAULO GROUP LTD

Company Registration Number:
12251262 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

SAO PAULO GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SAO PAULO GROUP LTD

Company Information

for the Period Ended 31 October 2024




Director: Caroline Gameiro Lopes Martins
Howard Barry Philip Lord
Registered office: 24 Dale Street
Dale Street
Manchester
England
M1 1FY
Company Registration Number: 12251262 (England and Wales)

SAO PAULO GROUP LTD

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Creditors: amounts falling due within one year: 4 ( 49,709 ) ( 62,989 )
Net current assets (liabilities): ( 49,709 ) ( 62,989 )
Total assets less current liabilities: ( 49,709 ) ( 62,989 )
Total net assets (liabilities): ( 49,709 ) ( 62,989 )

The notes form part of these financial statements

SAO PAULO GROUP LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 49,710 ) ( 62,990 )
Shareholders funds: ( 49,709 ) ( 62,989 )

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 August 2025
And Signed On Behalf Of The Board By:

Name: Caroline Gameiro Lopes Martins
Status: Director

The notes form part of these financial statements

SAO PAULO GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    1 Accounting policies 1.1 Accounting convention These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. 1.2 Going concern At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. 1.4 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 15% Reducing Balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss. 1.5 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.6 Employee benefits The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.7 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.8 Company information Sao Paulo Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 24 Dale Street, Manchester, M1 1FY

SAO PAULO GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

SAO PAULO GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

SAO PAULO GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 49,709 62,989
Total 49,709 62,989