Company Registration No. 07263276 (England and Wales)
Sasa Sushi Ltd
Unaudited accounts
for the year ended 31 March 2025
Sasa Sushi Ltd
Unaudited accounts
Contents
Sasa Sushi Ltd
Company Information
for the year ended 31 March 2025
Directors
Thi Minh Hien Do
Tan Phat Pham
Company Number
07263276 (England and Wales)
Registered Office
370 St. John Street
London
London
EC1V 4NN
England
Accountants
SDT Accountants Ltd
7 Bell Yard
London
WC2A 2JR
Sasa Sushi Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
169,470
186,461
Cash at bank and in hand
162,858
10,437
Creditors: amounts falling due within one year
(173,952)
(118,917)
Net current assets/(liabilities)
23,821
(83,537)
Total assets less current liabilities
193,291
102,924
Creditors: amounts falling due after more than one year
(188,047)
(76,338)
Called up share capital
4
4
Profit and loss account
5,240
26,582
Shareholders' funds
5,244
26,586
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 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 15 December 2025 and were signed on its behalf by
Thi Minh Hien Do
Director
Company Registration No. 07263276
Sasa Sushi Ltd
Notes to the Accounts
for the year ended 31 March 2025
Sasa Sushi Ltd is a private company, limited by shares, registered in England and Wales, registration number 07263276. The registered office is 370 St. John Street, London, London, EC1V 4NN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in pound sterling.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the period of 15 years
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Sasa Sushi Ltd
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
152,072
44,379
60,234
29,609
-
286,294
Additions
-
(1,867)
-
10,408
2,938
11,479
At 31 March 2025
152,072
42,512
60,234
40,017
2,938
297,773
At 1 April 2024
32,724
34,803
16,001
16,305
-
99,833
Charge for the year
11,124
-
11,057
5,930
359
28,470
At 31 March 2025
43,848
34,803
27,058
22,235
359
128,303
At 31 March 2025
108,224
7,709
33,176
17,782
2,579
169,470
At 31 March 2024
119,348
9,576
44,233
13,304
-
186,461
Amounts falling due within one year
Accrued income and prepayments
26,997
13,894
Sasa Sushi Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
42,500
20,646
Obligations under finance leases and hire purchase contracts
10,317
10,317
Trade creditors
41,821
13,088
Taxes and social security
19,310
29,717
Other creditors
23,389
10,543
Loans from directors
14,201
22,345
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
23,255
33,571
9
Transactions with related parties
At the year end, the amount of £14,201 was owed to the directors of the company.
10
Average number of employees
During the year the average number of employees was 15 (2024: 13).