2022-04-01 2023-03-31 false Capium Accounts Production 1.1 03510108 bus:AbridgedAccounts 2022-04-01 2023-03-31 03510108 bus:FRS102 2022-04-01 2023-03-31 03510108 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03510108 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 03510108 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03510108 2022-04-01 2023-03-31 03510108 2023-03-31 03510108 bus:RegisteredOffice 2022-04-01 2023-03-31 03510108 core:WithinOneYear 2023-03-31 03510108 core:AfterOneYear 2023-03-31 03510108 bus:Director1 2022-04-01 2023-03-31 03510108 bus:Director1 2023-03-31 03510108 bus:Director1 2021-04-01 2022-03-31 03510108 2021-04-01 03510108 bus:CompanySecretary1 2022-04-01 2023-03-31 03510108 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 03510108 2021-04-01 2022-03-31 03510108 2022-03-31 03510108 core:WithinOneYear 2022-03-31 03510108 core:AfterOneYear 2022-03-31 03510108 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 03510108 core:FurnitureFittings 2022-04-01 2023-03-31 03510108 core:FurnitureFittings 2023-03-31 03510108 core:FurnitureFittings 2022-03-31 03510108 core:ComputerEquipment 2022-04-01 2023-03-31 03510108 core:ComputerEquipment 2023-03-31 03510108 core:ComputerEquipment 2022-03-31 03510108 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 03510108 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 03510108 core:NetGoodwill 2022-04-01 2023-03-31 03510108 core:NetGoodwill 2023-03-31 03510108 core:NetGoodwill 2022-03-31 03510108 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 03510108 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 03510108 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 03510108 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 03510108 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 03510108 core:Non-currentFinancialInstruments 2023-03-31 03510108 core:Non-currentFinancialInstruments 2022-03-31 03510108 core:ShareCapital 2023-03-31 03510108 core:ShareCapital 2022-03-31 03510108 core:RetainedEarningsAccumulatedLosses 2023-03-31 03510108 core:RetainedEarningsAccumulatedLosses 2022-03-31 03510108 dpl:Item1 2022-04-01 03510108 dpl:Item1 2023-03-31 03510108 dpl:Item1 2021-04-01 03510108 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 03510108
England and Wales

 

 

 

SAFFRON SOLICITORS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 148,903    148,903 
Tangible fixed assets 4 1,285    1,497 
150,188    150,400 
Current assets      
Debtors   6,500 
Cash at bank and in hand 496,739    540,611 
496,739    547,111 
Creditors: amount falling due within one year (653,511)   (702,110)
Net current liabilities (156,772)   (154,999)
 
Total assets less current liabilities (6,584)   (4,599)
Creditors: amount falling due after more than one year (96,536)   (105,703)
Net liabilities (103,120)   (110,302)
 

Capital and reserves
     
Called up share capital 600    600 
Profit and loss account (103,720)   (110,902)
Shareholder's funds (103,120)   (110,302)
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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 the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 18 October 2023 and were signed on its behalf by:


-------------------------------
Mustafa BARAK
Director
1
General Information
SAFFRON SOLICITORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03510108, registration address CASTLE CAVENDISH WORKS, DORKING ROAD, NOTTINGHAM, NG7 5PN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) if arose are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost, has indefinate life. Impairment of Goodwill is reviewed annually and impairment will charge to SPL (if any). Reversal of impariment is not allowed.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 6% Reducing Balance
Computer Equipment 18% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 6).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 April 2022 148,903    148,903 
Additions  
Disposals  
At 31 March 2023 148,903    148,903 
Amortisation
At 01 April 2022  
Charge for year  
On disposals  
At 31 March 2023  
Net book values
At 31 March 2023 148,903    148,903 
At 31 March 2022 148,903    148,903 


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 April 2022 3,047    4,751    7,798 
Additions    
Disposals    
At 31 March 2023 3,047    4,751    7,798 
Depreciation
At 01 April 2022 2,565    3,736    6,301 
Charge for year 29    183    212 
On disposals    
At 31 March 2023 2,594    3,919    6,513 
Net book values
Closing balance as at 31 March 2023 453    832    1,285 
Opening balance as at 01 April 2022 482    1,015    1,497 


2