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Company Registration No. 14532589 (England and Wales)
Saas Investments Limited Unaudited accounts for the year ended 31 December 2024
Saas Investments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Saas Investments Limited Company Information for the year ended 31 December 2024
Directors
Sanjeevan Kulasingam Nirujan Rajaratnam
Company Number
14532589 (England and Wales)
Registered Office
54 Hundred Acres Lane Amersham HP7 9BX England
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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Saas Investments Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
4
449,102 
449,102 
Current assets
Cash at bank and in hand
5,994 
3,667 
Creditors: amounts falling due within one year
5
(2,619)
- 
Net current assets
3,375 
3,667 
Total assets less current liabilities
452,477 
452,769 
Creditors: amounts falling due after more than one year
6
(462,700)
(453,650)
Net liabilities
(10,223)
(881)
Capital and reserves
Called up share capital
7
300 
300 
Profit and loss account
(10,523)
(1,181)
Shareholders' funds
(10,223)
(881)
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 25 September 2025 and were signed on its behalf by
Sanjeevan Kulasingam Director Company Registration No. 14532589
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Saas Investments Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Saas Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14532589. The registered office is 54 Hundred Acres Lane, Amersham, HP7 9BX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
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.
Going concern
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
449,102 
At 31 December 2024
449,102 
The valuation has been determined by the directors based on their assessment of current market conditions and comparable property values
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
1,419 
- 
Deferred income
1,200 
- 
2,619 
- 
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Saas Investments Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
295,445 
295,445 
Loans from directors
167,255 
158,205 
462,700 
453,650 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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