Company Registration No. 07737587 (England and Wales)
Sabal Health and Pharma Ltd
Unaudited accounts
for the year ended 31 December 2024
Sabal Health and Pharma Ltd
Unaudited accounts
Contents
Sabal Health and Pharma Ltd
Company Information
for the year ended 31 December 2024
Directors
T W Goodey
J R Heslin
S R Williams
S Williams
Company Number
07737587 (England and Wales)
Registered Office
Launchpad
Airport Business Park
Cherry Orchard Way
Rochford
Essex
SS4 1YH
England
Sabal Health and Pharma Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
2,708
4,255
Inventories
437,721
325,563
Cash at bank and in hand
329,512
453,936
Creditors: amounts falling due within one year
(434,978)
(922,360)
Net current assets
591,868
589,136
Net assets
594,576
593,391
Called up share capital
3,774
3,774
Share premium
(470,554)
(470,554)
Profit and loss account
1,061,356
1,060,171
Shareholders' funds
594,576
593,391
For the year ending 31 December 2024 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 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 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 of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
T W Goodey
Director
Company Registration No. 07737587
Sabal Health and Pharma Ltd
Notes to the Accounts
for the year ended 31 December 2024
Sabal Health and Pharma Ltd is a private company, limited by shares, registered in England and Wales, registration number 07737587. The registered office is Launchpad, Airport Business Park, Cherry Orchard Way, Rochford, Essex, SS4 1YH, England.
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 represents net invoiced sales of goods, excluding value added tax.
Tangible fixed assets policy
Depreciation is provided at the following annual rates in order to write off each assets over its estimated useful life:
Plant & machinery
33% on Cost
Stocks and are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Hire Purchase & Leasing Commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
Sabal Health and Pharma Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
At 31 December 2024
18,530
At 31 December 2024
15,822
Amounts falling due within one year
Trade debtors
231,989
719,674
Accrued income and prepayments
27,318
10,198
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
266,724
589,193
Taxes and social security
4,982
38,253
Other creditors
50,000
50,000
Loans from directors
-
10,250
Sabal Health and Pharma Ltd
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
3,774 Ordinary shares of £1 each
3,774
3,774
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).