REGISTERED NUMBER: 16406808 (England and Wales)

Unaudited Financial Statements

for the Period 24 April 2025 to 30 April 2026

for

Sagacitas Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G D Nicol

M J Nicol

REGISTERED OFFICE:

3 St Leonards Court

North Shields

Tyne and Wear

NE30 2BR

REGISTERED NUMBER:

16406808 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Kepier House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Investments

4

260,732

CURRENT ASSETS

Debtors

5

100

Cash at bank

17,796

17,896

CREDITORS

Amounts falling due within one year

6

(1,100

)

NET CURRENT ASSETS

16,796

TOTAL ASSETS LESS CURRENT LIABILITIES

277,528

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

277,428

SHAREHOLDERS' FUNDS

277,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

G D Nicol - Director

1.	STATUTORY INFORMATION

Sagacitas 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 as modified by the revaluation of certain assets.

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 also have been consistently applied within the same accounts.

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

Investments

Fixed asset investments are stated at fair value with changes in fair value being recognised in the profit and loss.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Income recognition

Income is recognised when dividends are declared.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

£

£

COST OR VALUATION

Additions

40

265,147

265,187

Disposals

-

(30,698

)

(30,698

)

Revaluations

-

26,243

26,243

At 30 April 2026

40

260,692

260,732

NET BOOK VALUE

At 30 April 2026

40

260,692

260,732

Cost or valuation at 30 April 2026 is represented by:

Interest

in

Other

associate

investments

Totals

£

£

£

Valuation in 2026

-

26,243

26,243

Cost

40

234,449

234,489

40

260,692

260,732

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

40

Other creditors

40

Accruals and deferred income

1,020

1,100

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100