Company Registration No. 11114365 (England and Wales)
SAGE SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 March 2020
SAGE SOLUTIONS LIMITED
Unaudited accounts
Contents
SAGE SOLUTIONS LIMITED
Company Information
for the year ended 31 March 2020
Directors
Mr.Tariq AHMED
Mrs. Tehreem AHMED
Company Number
11114365 (England and Wales)
Registered Office
27 Ross Road
Wallington
England
SM6 8QP
UNITED KINGDOM
Accountants
Wisei Accountants
14 Morden Court Parade
Morden
London
England
SM4 5HJ
SAGE SOLUTIONS LIMITED
Statement of financial position
as at
31 March 2020
Tangible assets
6,234
7,602
Cash at bank and in hand
18,271
36,251
Creditors: amounts falling due within one year
(6,126)
(46,448)
Net current assets/(liabilities)
12,264
(6,875)
Total assets less current liabilities
18,498
727
Creditors: amounts falling due after more than one year
-
(350)
Called up share capital
2
2
Profit and loss account
18,496
375
Shareholders' funds
18,498
377
For the year ending 31 March 2020 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 15 December 2020 and were signed on its behalf by
Mr.Tariq AHMED
Director
Company Registration No. 11114365
SAGE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2020
SAGE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11114365. The registered office is 27 Ross Road, Wallington , England, SM6 8QP, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
Charge for the year
1,368
SAGE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
6,126
15,012
Loans from directors
-
31,436
7
Creditors: amounts falling due after more than one year
2020
2019
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).