REGISTERED NUMBER: 09598999 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st May 2026

for

Sara Morgan Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S J Morgan

REGISTERED OFFICE:

26 Ring Road

Lancing

West Sussex

BN15 0QE

REGISTERED NUMBER:

09598999 (England and Wales)

ACCOUNTANTS:

Cloud Concepts Accounting Ltd

Station View House

41 Brunswick Road

Shoreham By Sea

West Sussex

BN43 5WA

FIXED ASSETS

Tangible assets

4

77

116

CURRENT ASSETS

Debtors

5

22,050

12,285

Cash at bank

21,043

71,897

43,093

84,182

CREDITORS

Amounts falling due within one year

6

(20,575

)

(33,292

)

NET CURRENT ASSETS

22,518

50,890

TOTAL ASSETS LESS CURRENT LIABILITIES

22,595

51,006

PROVISIONS FOR LIABILITIES

7

(15

)

(40

)

NET ASSETS

22,580

50,966

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

22,480

50,866

SHAREHOLDERS' FUNDS

22,580

50,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th July 2026 and were signed by:

Mrs S J Morgan - Director

1.	STATUTORY INFORMATION

Sara Morgan Ltd 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.

Tangible fixed assets

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

Plant and machinery etc

-

straight line over 3 years

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st June 2025

and 31st May 2026

682

DEPRECIATION

At 1st June 2025

566

Charge for year

39

At 31st May 2026

605

NET BOOK VALUE

At 31st May 2026

77

At 31st May 2025

116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

22,050

12,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

9,775

31,753

Other creditors

10,800

1,539

20,575

33,292

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

15

40

Deferred

tax

£

Balance at 1st June 2025

40

Capital allowances in advance

(25

)

of depreciation

Balance at 31st May 2026

15