Company registration number:
06283868
Sarto Enterprises Limited
Unaudited filleted financial statements
30 June 2025
Sarto Enterprises Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Sarto Enterprises Limited
Directors and other information
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Directors |
A Costa-McFadden |
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G McFadden |
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Company number |
06283868 |
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Registered office |
29 Bullens Green Lane |
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Colney Heath |
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St Albans |
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Hertfordshire |
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AL4 0QR |
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Accountants |
Hicks and Company |
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Chartered Accountants |
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Vaughan Chambers |
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Vaughan Road |
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Harpenden |
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Hertfordshire |
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AL5 4EE |
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Sarto Enterprises Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Sarto Enterprises Limited
Year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sarto Enterprises Limited for the year ended 30 June 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Sarto Enterprises Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Sarto Enterprises Limited and state those matters that we have agreed to state to the board of directors of Sarto Enterprises Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sarto Enterprises Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Sarto Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sarto Enterprises Limited. You consider that Sarto Enterprises Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sarto Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
Hertfordshire
AL5 4EE
19 November 2025
Sarto Enterprises Limited
Statement of financial position
30 June 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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4 |
- |
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45,778 |
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_______ |
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_______ |
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- |
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45,778 |
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Current assets |
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Cash at bank and in hand |
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20 |
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- |
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_______ |
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_______ |
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20 |
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- |
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Creditors: amounts falling due |
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within one year |
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5 |
- |
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(
45,758) |
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_______ |
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_______ |
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Net current assets/(liabilities) |
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20 |
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(
45,758) |
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_______ |
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_______ |
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Total assets less current liabilities |
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20 |
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20 |
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_______ |
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_______ |
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Net assets |
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20 |
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20 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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20 |
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20 |
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_______ |
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_______ |
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Shareholders funds |
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20 |
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20 |
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_______ |
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_______ |
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For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These financial statements were approved by the
board of directors
and authorised for issue on
19 November 2025
, and are signed on behalf of the board by:
A Costa-McFadden
Director
Company registration number:
06283868
Sarto Enterprises Limited
Notes to the financial statements
Year ended 30 June 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29 Bullens Green Lane, Colney Heath, St Albans, Hertfordshire, AL4 0QR.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
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.
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.
4.
Tangible assets
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Freehold property |
Total |
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£ |
£ |
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Cost |
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At 1 July 2024 |
45,778 |
45,778 |
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Disposals |
(
45,778) |
(
45,778) |
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_______ |
_______ |
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At 30 June 2025 |
- |
- |
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_______ |
_______ |
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Depreciation |
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At 1 July 2024 and 30 June 2025 |
- |
- |
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_______ |
_______ |
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Carrying amount |
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At 30 June 2025 |
- |
- |
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_______ |
_______ |
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At 30 June 2024 |
45,778 |
45,778 |
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_______ |
_______ |
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5.
Creditors: amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Other creditors |
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- |
45,758 |
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_______ |
_______ |
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6.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2025 |
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Balance brought forward |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
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A Costa-McFadden |
(
22,879) |
22,879 |
- |
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G McFadden |
(
22,879) |
22,879 |
- |
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_______ |
_______ |
_______ |
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(
45,758) |
45,758 |
- |
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_______ |
_______ |
_______ |
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2024 |
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Balance brought forward |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
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A Costa-McFadden |
(
22,879) |
- |
(
22,879) |
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G McFadden |
(
22,879) |
- |
(
22,879) |
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_______ |
_______ |
_______ |
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(
45,758) |
- |
(
45,758) |
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_______ |
_______ |
_______ |
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