ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 07852996

SANDALEX TRADING LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

SANDALEX TRADING LTD

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SANDALEX TRADING LTD
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sandalex Trading Ltd for the year ended 31 December 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of Directors of Sandalex Trading Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Sandalex Trading Ltd and state those matters that we have agreed to state to the Board of Directors of Sandalex Trading Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sandalex Trading Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sandalex Trading Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Sandalex Trading Ltd. You consider that Sandalex Trading Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Sandalex Trading Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Milton Avis LLP

Chartered Accountants

Pitt House

120 Baker Street

London

W1U 6TU

15 September 2025

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SANDALEX TRADING LTD

REGISTERED NUMBER: 07852996

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	50,654		50,654
Cash at bank and in hand	5	191		191
		50,845		50,845
Creditors: amounts falling due within one year	6	(4,800)		(4,800)
Net current assets			46,045		46,045
Total assets less current liabilities			46,045		46,045
Creditors: amounts falling due after more than one year	7		(199,906)		(199,906)

Net liabilities			(153,861)		(153,861)

Capital and reserves
Called up share capital	94	94
Profit and loss account	(153,955)	(153,955)
	(153,861)	(153,861)

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SANDALEX TRADING LTD

REGISTERED NUMBER: 07852996

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 September 2025.

................................................

Sandra Francine Hamilton

Director

The notes on pages 4 to 7 form part of these financial statements.

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SANDALEX TRADING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Sandalex Trading Ltd is a company limited by shares and is incorporated in England and Wales. Its current registered office is Pitt House, 120 Baker Street, London, W1U 6TU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The presentation currency is pounds sterling and is rounded to the nearest pound.

2.2

Going concern

These accounts have been prepared on a going concern basis on the understanding that the
Directors will continue to financially support the company.

2.3

Debtors

Short-term debtors are measured at transaction price. Loans receivable are measured initially at fair value, net of transaction costs.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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SANDALEX TRADING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

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SANDALEX TRADING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors


					2024	2023
					£	£


Amounts owed by associate undertakings	50,654	50,654
	50,654	50,654

5.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	191	191
	191	191

Trade creditors	3,600	3,600
Other creditors	1,200	1,200
	4,800	4,800

Directors' loan account	199,906	199,906
	199,906	199,906

Directors' loan account is non-interest bearing.

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SANDALEX TRADING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	Related party transactions
	Included in debtors is a balance of £50,654 (2023: £50,654) receivable from Sandalex Investments Ltd, a company in which Mrs Hamilton and Mrs Harris are shareholders.

9.	Controlling party

The ultimate controlling party is The Board of Directors by appointment of the Shareholders.

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