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Registered number: 14711283
Neo Sanctum Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
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Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14711283
31 March 2025 31 March 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand - 90
- 90
Creditors: Amounts Falling Due Within One Year 5 (7,214 ) (6,241 )
NET CURRENT ASSETS (LIABILITIES) (7,214 ) (6,151 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,214 ) (6,151 )
NET LIABILITIES (7,214 ) (6,151 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (7,215 ) (6,152 )
SHAREHOLDERS' FUNDS (7,214) (6,151)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 03/10/2025 and were signed on its behalf by:
Mr Ciprian Arhire
Director
03/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 7 March 2023 - - -
Loss for the period and total comprehensive income - (6,152 ) (6,152)
Arising on shares issued during the period 1 - 1
As at 31 March 2024 and 1 April 2024 1 (6,152 ) (6,151)
Loss for the year and total comprehensive income - (1,063 ) (1,063)
As at 31 March 2025 1 (7,215 ) (7,214)
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Neo Sanctum Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14711283 . The registered office is 124 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary 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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
5. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 607 -
Bank loans and overdrafts 80 -
Accruals and deferred income 454 480
Director's loan account 6,073 5,761
7,214 6,241
6. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 1 1
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Page 4
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Ciprian Arhire (5,761 ) (312 ) - - (6,073 )
The above loan is unsecured, interest free and repayable on demand.
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