Saxon Operations Executive Limited 10389239 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is IT and telecommunication consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 10389239 2023-10-01 2024-09-30 10389239 2024-09-30 10389239 core:RetainedEarningsAccumulatedLosses 2024-09-30 10389239 core:ShareCapital 2024-09-30 10389239 core:CurrentFinancialInstruments 2024-09-30 10389239 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 10389239 core:FurnitureFittings 2024-09-30 10389239 core:OfficeEquipment 2024-09-30 10389239 bus:SmallEntities 2023-10-01 2024-09-30 10389239 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10389239 bus:FullAccounts 2023-10-01 2024-09-30 10389239 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10389239 bus:RegisteredOffice 2023-10-01 2024-09-30 10389239 bus:Director1 2023-10-01 2024-09-30 10389239 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10389239 core:FurnitureFittings 2023-10-01 2024-09-30 10389239 core:OfficeEquipment 2023-10-01 2024-09-30 10389239 countries:EnglandWales 2023-10-01 2024-09-30 10389239 2023-09-30 10389239 core:FurnitureFittings 2023-09-30 10389239 core:OfficeEquipment 2023-09-30 10389239 2022-10-01 2023-09-30 10389239 2023-09-30 10389239 core:RetainedEarningsAccumulatedLosses 2023-09-30 10389239 core:ShareCapital 2023-09-30 10389239 core:CurrentFinancialInstruments 2023-09-30 10389239 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 10389239 core:FurnitureFittings 2023-09-30 10389239 core:OfficeEquipment 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 10389239

Saxon Operations Executive Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Saxon Operations Executive Limited

Contents

Balance Sheet

1 to 2

Notes to the Financial Statements

3 to 5

 

Saxon Operations Executive Limited

(Registration number: 10389239)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

514

1,723

Current assets

 

Debtors

5

4,448

103

Cash at bank and in hand

 

27

82,389

 

4,475

82,492

Creditors: Amounts falling due within one year

6

(14,031)

(57,126)

Net current (liabilities)/assets

 

(9,556)

25,366

Total assets less current liabilities

 

(9,042)

27,089

Provisions for liabilities

(96)

(431)

Net (liabilities)/assets

 

(9,138)

26,658

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(9,238)

26,558

Shareholders' (deficit)/funds

 

(9,138)

26,658

 

Saxon Operations Executive Limited

(Registration number: 10389239)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors Report and Profit and Loss Account has been taken.

Approved and authorised by the Board on 10 February 2025 and signed on its behalf by:
 

.........................................
Mr K Saxon
Director

 

Saxon Operations Executive Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received for the provision of services in the ordinary course of the company’s activities. Turnover is shown after adjusting for value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Saxon Operations Executive Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% reducing balance

Office equipment

33% on cost

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

 

Saxon Operations Executive Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 October 2023

488

5,743

6,231

At 30 September 2024

488

5,743

6,231

Depreciation

At 1 October 2023

266

4,242

4,508

Charge for the year

44

1,165

1,209

At 30 September 2024

310

5,407

5,717

Carrying amount

At 30 September 2024

178

336

514

At 30 September 2023

222

1,501

1,723

5

Debtors

2024
£

2023
£

Prepayments

700

-

Other debtors

3,748

103

4,448

103

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

14,031

57,126