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Company Registration No. 13583883 (England and Wales)
Sarn Limited Unaudited accounts for the year ended 31 August 2025
Sarn Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sarn Limited Company Information for the year ended 31 August 2025
Directors
Dr Saloni Jain Dr Nitin Gupta
Company Number
13583883 (England and Wales)
Registered Office
97 Cecil Road Gowerton Swansea SA4 3DN Wales
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Sarn Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Called up share capital not paid
100
100
Fixed assets
Tangible assets
4
3,128
4,964
Investment property
5
1,129,769
583,540
1,132,897
588,504
Current assets
Debtors
6
16,921
-
Cash at bank and in hand
14,113
12,911
31,034
12,911
Creditors: amounts falling due within one year
7
(699,968)
(557,248)
Net current liabilities
(668,934)
(544,337)
Total assets less current liabilities
464,063
44,267
Creditors: amounts falling due after more than one year
8
(418,073)
-
Provisions for liabilities
Deferred tax
(2,167)
(4,144)
Net assets
43,823
40,123
Capital and reserves
Called up share capital
100
100
Fair value reserve
13,143
21,572
Profit and loss account
30,580
18,451
Shareholders' funds
43,823
40,123
For the year ending 31 August 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 2 May 2026 and were signed on its behalf by
Dr Saloni Jain Director Company Registration No. 13583883
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Sarn Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Sarn Limited is a private company, limited by shares, registered in England and Wales, registration number 13583883. The registered office is 97 Cecil Road, Gowerton, Swansea, SA4 3DN, Wales.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Financial liabilities are initially measured at the transaction price and subsequently measured at amortised cost using the effective interest method.
Turnover
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.
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Sarn Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
1,082
4,130
3,325
8,537
Additions
-
-
399
399
At 31 August 2025
1,082
4,130
3,724
8,936
Depreciation
At 1 September 2024
676
2,066
831
3,573
Charge for the year
271
1,033
931
2,235
At 31 August 2025
947
3,099
1,762
5,808
Net book value
At 31 August 2025
135
1,031
1,962
3,128
At 31 August 2024
406
2,064
2,494
4,964
5
Investment property
2025
£
Fair value at 1 September 2024
583,540
Additions
556,636
Net loss from fair value adjustments
(10,407)
At 31 August 2025
1,129,769
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
16,921
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
3,634
3,509
Other creditors
4,388
3,291
Loans from directors
690,746
549,248
Accruals
1,200
1,200
699,968
557,248
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
418,073
-
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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