Company Registration No. 06221112 (England and Wales)
Save My System Limited
Unaudited accounts
for the year ended 30 April 2024
Save My System Limited
Unaudited accounts
Contents
Save My System Limited
Company Information
for the year ended 30 April 2024
Company Number
06221112 (England and Wales)
Registered Office
310 Grange Road
London
E13 0HQ
Accountants
Alex & Co
46A Fairlawn Park
Sydenham
London
SE26 5RY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Save My System Limited
for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Save My System Limited for the year ended
30 April 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Save My System Limited, as a body, in accordance with the terms of our engagement letter dated 28 January 2015. Our work has been undertaken solely to prepare for your approval the accounts of Save My System Limited and state those matters that we have agreed to state to the Board of Directors of Save My System Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Save My System Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Save My System Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Save My System Limited. You consider that Save My System Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Save My System Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Alex & Co
Chartered Certified Accountants
46A Fairlawn Park
Sydenham
London
SE26 5RY
28 January 2025
Save My System Limited
Statement of financial position
as at 30 April 2024
Creditors: amounts falling due within one year
(21,976)
(21,856)
Net current liabilities
(21,976)
(21,856)
Net liabilities
(21,976)
(21,856)
Called up share capital
1,000
1,000
Profit and loss account
(22,976)
(22,856)
Shareholders' funds
(21,976)
(21,856)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 28 January 2025 and were signed on its behalf by
Kassim Idari
Director
Company Registration No. 06221112
Save My System Limited
Notes to the Accounts
for the year ended 30 April 2024
Save My System Limited is a private company, limited by shares, registered in England and Wales, registration number 06221112. The registered office is 310 Grange Road, London, E13 0HQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Taxation for the year 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.
Save My System Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Creditors: amounts falling due within one year
2024
2023
Other creditors
21,776
21,756
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).