| Saibick Limited |
| Registered number: |
09531731 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
875,324 |
|
|
875,324 |
|
| Current assets |
| Cash at bank and in hand |
|
|
9,601 |
|
|
22,111 |
|
| Creditors: amounts falling due within one year |
4 |
|
(9,425) |
|
|
(14,634) |
|
| Net current assets |
|
|
|
176 |
|
|
7,477 |
|
| Total assets less current liabilities |
|
|
|
875,500 |
|
|
882,801 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(658,389) |
|
|
(682,476) |
|
| Provisions for liabilities |
|
|
|
(34,200) |
|
|
(34,200) |
|
|
| Net assets |
|
|
|
182,911 |
|
|
166,125 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
182,811 |
|
|
166,025 |
|
| Shareholders' funds |
|
|
|
182,911 |
|
|
166,125 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ian Stroud |
| Director |
| Approved by the board on 17 December 2025 |
|
| Saibick Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rental income. |
|
|
Investments |
|
Investment properties are recognised using the fair value method, fair value being the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at measurement date |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments as it is not considered material |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 April 2024 |
875,324 |
|
|
At 31 March 2025 |
875,324 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
5,487 |
|
9,924 |
|
Taxation and social security costs |
3,938 |
|
4,590 |
|
Other creditors |
- |
|
120 |
|
|
|
|
|
|
9,425 |
|
14,634 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
19,947 |
|
19,947 |
|
Director's loan account |
600,342 |
|
624,429 |
|
Other creditors |
38,100 |
|
38,100 |
|
|
|
|
|
|
658,389 |
|
682,476 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Saibick Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Central House |
|
124 High Street |
|
Hampton Hill |
|
Middlesex |
|
TW12 1NS |