REGISTERED NUMBER: 03425774 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sarratt Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Macpherson

SECRETARY:

REGISTERED OFFICE:

67 Silk Mill Road

Watford

Hertfordshire

WD19 4TW

REGISTERED NUMBER:

03425774 (England and Wales)

FIXED ASSETS

Intangible assets

4

60,000

-

Tangible assets

5

322,906

272,383

Investments

6

50,000

50,000

432,906

322,383

CURRENT ASSETS

Debtors

7

(19,570

)

(20,820

)

Cash at bank

11,975

7,808

(7,595

)

(13,012

)

CREDITORS

Amounts falling due within one year

8

114,735

35,191

NET CURRENT LIABILITIES

(122,330

)

(48,203

)

TOTAL ASSETS LESS CURRENT LIABILITIES

310,576

274,180

CREDITORS

Amounts falling due after more than one year

9

312,812

271,071

NET (LIABILITIES)/ASSETS

(2,236

)

3,109

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(2,238

)

3,107

(2,236

)

3,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

M Macpherson - Director

1.	STATUTORY INFORMATION

Sarratt Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

60,000

At 31 December 2024

60,000

NET BOOK VALUE

At 31 December 2024

60,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

262,750

31,917

294,667

Additions

52,250

-

52,250

At 31 December 2024

315,000

31,917

346,917

DEPRECIATION

At 1 January 2024

-

22,284

22,284

Charge for year

-

1,727

1,727

At 31 December 2024

-

24,011

24,011

NET BOOK VALUE

At 31 December 2024

315,000

7,906

322,906

At 31 December 2023

262,750

9,633

272,383

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

50,000

NET BOOK VALUE

At 31 December 2024

50,000

At 31 December 2023

50,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

(19,570

)

(20,820

)

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

(2,047

)

1,253

Trade creditors

1

-

Amounts owed to group undertakings

2,300

2,300

Taxation and social security

19,910

837

Other creditors

94,571

30,801

114,735

35,191

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

236,284

256,743

Other creditors

76,528

14,328

312,812

271,071

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

201,816

216,062