SAREAN UK LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05482559

SAREAN UK LIMITED

Filleted Unaudited Financial Statements

30 November 2024

SAREAN UK LIMITED

Statement of Financial Position

30 November 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	4	2,848	3,798
Investments	5	350,000	350,000
		---------	---------
		352,848	353,798

Current assets

Debtors	6	2,784,337	2,728,082
Cash at bank and in hand		46,394	47,829
		------------	------------
		2,830,731	2,775,911

Creditors: amounts falling due within one year	7	141,947		102,127
		------------		------------
Net current assets			2,688,784	2,673,784
			------------	------------
Total assets less current liabilities			3,041,632	3,027,582
			------------	------------
Net assets			3,041,632	3,027,582
			------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	3,041,532	3,027,482
	------------	------------
Shareholders funds	3,041,632	3,027,582
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2024 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 financial statements for the year in question in accordance with section 476 ;

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

SAREAN UK LIMITED

Statement of Financial Position (continued)

30 November 2024

These financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Saroj Shah

Director

Company registration number: 05482559

SAREAN UK LIMITED

Notes to the Financial Statements

Year ended 30 November 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35-35A Great Cumberland Place, Marble Arch, London, W1H 8DJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold	-	25% straight line
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 December 2023 and 30 November 2024	90,091	1,451	135,995	227,537
	--------	-------	---------	---------
Depreciation
At 1 December 2023	90,090	1,444	132,205	223,739
Charge for the year	–	2	948	950
	--------	-------	---------	---------
At 30 November 2024	90,090	1,446	133,153	224,689
	--------	-------	---------	---------
Carrying amount
At 30 November 2024	1	5	2,842	2,848
	--------	-------	---------	---------
At 30 November 2023	1	7	3,790	3,798
	--------	-------	---------	---------

5. Investments

	Shares in participating interests
	£
Cost
At 1 December 2023 and 30 November 2024	350,000
	---------
Impairment
At 1 December 2023 and 30 November 2024	–
	---------

Carrying amount
At 30 November 2024	350,000
	---------
At 30 November 2023	350,000
	---------

The company owns 100% of the issued share capital of the companies listed below,

	2024	2023
	£	£

Aggregate capital and reserves as at 28/02/2024

Rutland Court Investments Limited	(514,608)	443,288

Profit and (loss) for the year 28/02/2024

Rutland Court Investments Limited	(71,320)	(6,363)

6. Debtors

	2024	2023
	£	£
Trade debtors	110,553	33,916
Amounts owed by group undertakings and undertakings in which the company has a participating interest	2,663,122	2,663,122
Other debtors	10,662	31,044
	------------	------------
	2,784,337	2,728,082
	------------	------------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Other creditors	141,947	102,127
	---------	---------

8. Related party transactions

The company was under the control of Saroj Shah at the year-end. Saroj Shah is also the managing director. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.