Registered number: 11940638

Debt Savvy Ltd
Unaudited Financial Statements
for the year ended 30 April 2022

Statement of Financial Position

as at 30 April 2022

  2022
2021
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  1,791  
 
  2,811  
Current assets  
20,567    
 
24,009    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 18,423 )  
 
( 12,732 )  
Net current assets (liabilities)  
  2,144  
 
  11,277  
Total assets less current liabilities  
  3,935  
 
  14,088  
Creditors: amounts falling due after more than one year  
  ( 18,800 )
 
  ( 23,282 )
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  ( 86 )
 
  -  
Net assets  
  ( 14,951 )
 
  ( 9,194 )
   
Capital and reserves  
  ( 14,951 )
 
  ( 9,194 )

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Footnotes to the Statement of Financial Position

Jacob Brehme

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Jacob Brehme

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £14,680 made to Jacob Brehme, a director of the company, on 01/05/2021.

During the accounting year the maximum amount payable by Jacob Brehme was £25,610

The following conditions are attached to the amount payable by Jacob Brehme:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid to the company.
Opening balance 01/05/2021 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 30/04/2022
£ £ £ £ £ £ £
( 17,445 ) ( 13,926 )
( 13,926 )
16,691
16,691  
0 0 0 ( 14,680 )

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 30/04/2022 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 11940638

c) The company is a private company and is limited by shares

d) The companies registered office address is 124 City Road, London, EC1V 2NX, England



Approved by the board of directors and signed on behalf of the board,

Debt Savvy Ltd
Director Jacob Brehme
Date of approval: 27/08/2022
The company was trading for the entire period 2021-05-01 2022-04-30 2022-04-30 Providing Financial Consulting Services 2022-08-27 2022-08-27