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Company Registration No. 11161448 (England and Wales)
SAVOV CONSTRUCTION LTD Unaudited accounts for the year ended 31 January 2024
SAVOV CONSTRUCTION LTD Unaudited accounts Contents
Page
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SAVOV CONSTRUCTION LTD Company Information for the year ended 31 January 2024
Director
Marin Savov
Company Number
11161448 (England and Wales)
Registered Office
25 CAMELOT CLOSE LONDON SE28 0ES ENGLAND
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SAVOV CONSTRUCTION LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,428 
44,902 
Current assets
Debtors
- 
19,306 
Cash at bank and in hand
1,187 
14,878 
1,187 
34,184 
Creditors: amounts falling due within one year
(6,394)
(25,364)
Net current (liabilities)/assets
(5,207)
8,820 
Total assets less current liabilities
(1,779)
53,722 
Creditors: amounts falling due after more than one year
(20,378)
(41,127)
Net (liabilities)/assets
(22,157)
12,595 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(22,158)
12,594 
Shareholders' funds
(22,157)
12,595 
For the year ending 31 January 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 18 September 2024 and were signed on its behalf by
Marin Savov Director Company Registration No. 11161448
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SAVOV CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
SAVOV CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 11161448. The registered office is 25 CAMELOT CLOSE, LONDON, SE28 0ES, 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:
Plant & machinery
18%
Motor vehicles
6%-18%
Fixtures & fittings
18%
Computer equipment
18%
Other tangible fixed assets
18%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
2,975 
48,971 
2,726 
54,672 
Disposals
- 
(48,971)
- 
(48,971)
At 31 January 2024
2,975 
- 
2,726 
5,701 
Depreciation
At 1 February 2023
536 
8,249 
985 
9,770 
Charge for the year
439 
- 
313 
752 
On disposals
- 
(8,249)
- 
(8,249)
At 31 January 2024
975 
- 
1,298 
2,273 
Net book value
At 31 January 2024
2,000 
- 
1,428 
3,428 
At 31 January 2023
2,439 
40,722 
1,741 
44,902 
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SAVOV CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
726 
Other debtors
- 
18,580 
- 
19,306 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,600 
- 
Taxes and social security
- 
4,246 
Loans from directors
1 
10,022 
Accruals
1,793 
11,096 
6,394 
25,364 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,378 
20,832 
Obligations under finance leases and hire purchase contracts
- 
20,295 
20,378 
41,127 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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