Sagar Design Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 6506364

Sagar Design Services Limited

Filleted Unaudited Financial Statements

28 February 2026

Sagar Design Services Limited

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		3,534	7,990

Current assets

Debtors	6	17,067	143
Cash at bank and in hand		15,439	28,892
		--------	--------
		32,506	29,035

Creditors: amounts falling due within one year	7	30,921		25,039
		--------		--------
Net current assets			1,585	3,996
			-------	--------
Total assets less current liabilities			5,119	11,986

Provisions

Taxation including deferred tax	678	1,518
	-------	--------
Net assets	4,441	10,468
	-------	--------

Capital and reserves

Called up share capital	9	9
Profit and loss account	4,432	10,459
	-------	--------
Shareholders funds	4,441	10,468
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sagar Design Services Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 20 August 2026 , and are signed on behalf of the board by:

Mrs A J Sagar	Mr C Sagar
Director	Director

Company registration number: 6506364

Sagar Design Services Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bruce Roberts & Co Limited, Unit 10 Edison Court, Ellice Way, Wrexham Technology Park, LL13 7YT, Wrexham.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts. The company operates the flat rate scheme for VAT purposes and this reflects in the the turnover figures disclosed.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 March 2025	13,251	10,995	24,246
Additions	234	–	234
Disposals	( 8,996)	–	( 8,996)
	--------	--------	--------
At 28 February 2026	4,489	10,995	15,484
	--------	--------	--------
Depreciation
At 1 March 2025	6,728	9,528	16,256
Charge for the year	430	367	797
Disposals	( 5,103)	–	( 5,103)
	--------	--------	--------
At 28 February 2026	2,055	9,895	11,950
	--------	--------	--------
Carrying amount
At 28 February 2026	2,434	1,100	3,534
	--------	--------	--------
At 28 February 2025	6,523	1,467	7,990
	--------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	10,309	–
Other debtors	6,758	143
	--------	----
	17,067	143
	--------	----

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	87	–
Social security and other taxes	13,327	15,275
Other creditors	17,507	9,764
	--------	--------
	30,921	25,039
	--------	--------

8. Directors' advances, credits and guarantees

No transactions with directors were undertaken such as are required to be disclosed other than the operation of a directors loan account, the opening balance of which was £8,680 (2025 £7,176) and the closing balance of which was £16,404 (2025 £8,680). The loan is interest free and repayable upon demand.