Company Registration No. 06807159 (England and Wales)
SAI Distribution Limited
Unaudited accounts
for the year ended 28 February 2025
SAI Distribution Limited
Company Information
for the year ended 28 February 2025
Company Number
06807159 (England and Wales)
Registered Office
Dudleys Old House
17 The Street
Felthorpe
Norwich
NR19 4BU
Accountants
Mrs A C Howell
13 Ipswich Grove
Norwich
Norfolk
NR2 2LU
SAI Distribution Limited
Statement of financial position
as at 28 February 2025
Tangible assets
267,987
281,631
Cash at bank and in hand
694,174
563,525
Creditors: amounts falling due within one year
(182,259)
(143,984)
Net current assets
744,336
661,185
Total assets less current liabilities
1,012,323
942,816
Provisions for liabilities
Deferred tax
(63,927)
(67,236)
Net assets
948,396
875,580
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
948,296
875,480
Shareholders' funds
948,396
875,580
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2025 and were signed on its behalf by
S A Ives
Director
Company Registration No. 06807159
SAI Distribution Limited
Notes to the Accounts
for the year ended 28 February 2025
SAI Distribution Limited is a private company, limited by shares, registered in England and Wales, registration number 06807159. The registered office is Dudleys Old House, 17 The Street, Felthorpe, Norwich, NR19 4BU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Other tangible fixed assets
10 year straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
SAI Distribution Limited
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
At 28 February 2025
478,411
Charge for the year
87,382
At 28 February 2025
210,424
At 28 February 2025
267,987
At 29 February 2024
281,631
Amounts falling due within one year
Trade debtors
188,965
197,803
Accrued income and prepayments
42,456
42,841
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
46,586
56,263
Taxes and social security
120,180
81,033
Other creditors
2,592
1,864
Loans from directors
9,699
1,758
7
Average number of employees
During the year the average number of employees was 18 (2024: 14).