1 May 2023 false No description of principal activity Taxfiler 2024.1 13390091business:PrivateLimitedCompanyLtd2023-05-012024-03-31 133900912023-04-30 133900912023-05-012024-03-31 13390091business:AuditExempt-NoAccountantsReport2023-05-012024-03-31 13390091business:FilletedAccounts2023-05-012024-03-31 133900912024-03-31 13390091business:Director12023-05-012024-03-31 13390091business:RegisteredOffice2023-05-012024-03-31 133900912023-04-30 13390091core:WithinOneYear2024-03-31 13390091core:WithinOneYear2023-04-30 13390091core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13390091core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 13390091core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13390091core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 13390091core:PreviouslyStatedAmount2024-03-31 13390091core:PreviouslyStatedAmount2023-04-30 13390091business:SmallEntities2023-05-012024-03-31 13390091countries:EnglandWales2023-05-012024-03-31 13390091core:ComputerEquipment2023-05-012024-03-31 13390091core:ComputerEquipment2023-04-30 13390091core:ComputerEquipment2024-03-31 133900912022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 13390091 (England and Wales)
SAVTAX ACCOUNTANTS LTD Unaudited accounts for the period from 1 May 2023 to 31 March 2024
SAVTAX ACCOUNTANTS LTD Unaudited accounts Contents
Page
- 2 -
SAVTAX ACCOUNTANTS LTD Company Information for the period from 1 May 2023 to 31 March 2024
Director
Dinesh Tiwari
Company Number
13390091 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR UNITED KINGDOM
- 3 -
SAVTAX ACCOUNTANTS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
355 
473 
Current assets
Debtors
7,930 
2,160 
Cash at bank and in hand
12,564 
7,014 
20,494 
9,174 
Creditors: amounts falling due within one year
(7,973)
(7,187)
Net current assets
12,521 
1,987 
Net assets
12,876 
2,460 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,776 
2,360 
Shareholders' funds
12,876 
2,460 
For the period ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 4 April 2024 and were signed on its behalf by
Dinesh Tiwari Director Company Registration No. 13390091
- 4 -
SAVTAX ACCOUNTANTS LTD Notes to the Accounts for the period from 1 May 2023 to 31 March 2024
1
Statutory information
SAVTAX ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13390091. The registered office is 7 Bell Yard, London, WC2A 2JR, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
541 
At 31 March 2024
541 
Depreciation
At 1 May 2023
68 
Charge for the period
118 
At 31 March 2024
186 
Net book value
At 31 March 2024
355 
At 30 April 2023
473 
- 5 -
SAVTAX ACCOUNTANTS LTD Notes to the Accounts for the period from 1 May 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,930 
2,160 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,662 
1,042 
Taxes and social security
4,390 
1,271 
Other creditors
1,001 
2,480 
Loans from directors
920 
2,394 
7,973 
7,187 
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).
- 6 -