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REGISTERED NUMBER: 14242053 (England and Wales)















Unaudited Financial Statements

for the Period 19 July 2022 to 31 July 2023

for

Savage Law Limited

Savage Law Limited (Registered number: 14242053)






Contents of the Financial Statements
for the Period 19 July 2022 to 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Savage Law Limited

Company Information
for the Period 19 July 2022 to 31 July 2023







DIRECTOR: G Savage





REGISTERED OFFICE: M.01 Tomorrow
Blue
Media City
Salford
M50 2AB





REGISTERED NUMBER: 14242053 (England and Wales)





ACCOUNTANTS: Summit Accountants Limited
M.01 Tomorrow
MediaCityUK
Salford
Greater Manchester
M50 2AB

Savage Law Limited (Registered number: 14242053)

Statement of Financial Position
31 July 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,620

CURRENT ASSETS
Debtors 5 23,725
Cash at bank 15,167
38,892
CREDITORS
Amounts falling due within one year 6 21,254
NET CURRENT ASSETS 17,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,258

PROVISIONS FOR LIABILITIES 405
NET ASSETS 18,853

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 18,753
18,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Savage Law Limited (Registered number: 14242053)

Statement of Financial Position - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2024 and were signed by:





G Savage - Director


Savage Law Limited (Registered number: 14242053)

Notes to the Financial Statements
for the Period 19 July 2022 to 31 July 2023

1. STATUTORY INFORMATION

Savage Law Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statement have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Savage Law Limited (Registered number: 14242053)

Notes to the Financial Statements - continued
for the Period 19 July 2022 to 31 July 2023

2. ACCOUNTING POLICIES - continued

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 2,028
At 31 July 2023 2,028
DEPRECIATION
Charge for period 408
At 31 July 2023 408
NET BOOK VALUE
At 31 July 2023 1,620

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 23,646
Other debtors 79
23,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 174
Taxation and social security 20,396
Other creditors 684
21,254

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As of 31 July 2023 the company owed the director £683.
No formal repayment terms have been agreed.