1 December 2022 false No description of principal activity Taxfiler 2023.14 09307722business:PrivateLimitedCompanyLtd2022-12-012023-11-30 093077222022-11-30 093077222022-12-012023-11-30 09307722business:AuditExemptWithAccountantsReport2022-12-012023-11-30 09307722business:FilletedAccounts2022-12-012023-11-30 093077222023-11-30 09307722business:Director12022-12-012023-11-30 09307722business:RegisteredOffice2022-12-012023-11-30 093077222022-11-30 09307722core:WithinOneYear2023-11-30 09307722core:WithinOneYear2022-11-30 09307722core:AfterOneYear2023-11-30 09307722core:AfterOneYear2022-11-30 09307722core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09307722core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09307722core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09307722core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09307722core:PreviouslyStatedAmount2023-11-30 09307722core:PreviouslyStatedAmount2022-11-30 09307722business:SmallEntities2022-12-012023-11-30 09307722countries:EnglandWales2022-12-012023-11-30 09307722core:ComputerEquipment2022-12-012023-11-30 09307722core:ComputerEquipment2022-11-30 09307722core:ComputerEquipment2023-11-30 093077222021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09307722 (England and Wales)
SAVOLEX LIMITED Unaudited accounts for the year ended 30 November 2023
SAVOLEX LIMITED Unaudited accounts Contents
Page
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SAVOLEX LIMITED Company Information for the year ended 30 November 2023
Director
Oluwasegun Abraham Sunday
Company Number
09307722 (England and Wales)
Registered Office
UNIT 2 ALFRIC SQUARE PETERBOROUGH PE2 7JP ENGLAND
Accountants
Dennis & Associates Accountants 28 -29 Maxwell Road Peterborough Cambridgeshire PE2 7JE
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SAVOLEX LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
465 
2,700 
Cash at bank and in hand
34 
384 
499 
3,084 
Creditors: amounts falling due within one year
(227)
- 
Net current assets
272 
3,084 
Total assets less current liabilities
272 
3,084 
Creditors: amounts falling due after more than one year
(22,503)
(26,284)
Net liabilities
(22,231)
(23,200)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(23,231)
(24,200)
Shareholders' funds
(22,231)
(23,200)
For the year ending 30 November 2023 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 March 2024 and were signed on its behalf by
Oluwasegun Abraham Sunday Director Company Registration No. 09307722
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SAVOLEX LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
SAVOLEX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09307722. The registered office is UNIT 2 ALFRIC SQUARE, PETERBOROUGH, PE2 7JP, ENGLAND.
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 year, 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.
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
50%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
193 
At 30 November 2023
193 
Depreciation
At 1 December 2022
193 
At 30 November 2023
193 
Net book value
At 30 November 2023
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
227 
- 
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SAVOLEX LIMITED Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,004 
15,263 
Loans from directors
11,499 
11,021 
22,503 
26,284 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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