Sabas Management Limited

Sabas Management Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Sabas Management Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	274,174	279,916
		274,174	279,916
Current assets
Cash at bank and in hand		30,717	10,913
Creditors: amount falling due within one year		(3,607)	(2,253)
Net current assets		27,110	8,660

Total assets less current liabilities		301,284	288,576
Creditors: amount falling due after more than one year		(204,154)	(198,047)
Net assets		97,130	90,529

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		97,030	90,429
Shareholders' funds		97,130	90,529

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 03 December 2025 and were signed on its behalf by:

-------------------------------
Mr Sabaratnam Pratheepan
Director

1

Sabas Management Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Sabas Management Limited is a private company, limited by shares, registered in England and Wales, registration number 05067847, registration address 12 Kilworth Drive, Lostock, Bolton, BL6 4RP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

2% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2024	287,100	287,100
Additions	-	-
Disposals	-	-
At 31 March 2025	287,100	287,100
Depreciation
At 01 April 2024	7,184	7,184
Charge for year	5,742	5,742
On disposals	-	-
At 31 March 2025	12,926	12,926
Net book values
Closing balance as at 31 March 2025	274,174	274,174
Opening balance as at 01 April 2024	279,916	279,916

4.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

2

Registered Number: 05067847
England and Wales
SABAS MANAGEMENT LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025