Company Registration No. 11537050 (England and Wales)
Savage Inc Ltd
Unaudited accounts
for the year ended 31 August 2024
Savage Inc Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
7,801
100
Creditors: amounts falling due within one year
(5,736)
-
Net current assets
2,065
100
Called up share capital
100
100
Profit and loss account
1,965
-
Shareholders' funds
2,065
100
For the year ending 31 August 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 13 March 2025 and were signed on its behalf by
Louis Andrea
Director
Company Registration No. 11537050
Savage Inc Ltd
Notes to the Accounts
for the year ended 31 August 2024
Savage Inc Ltd is a private company, limited by shares, registered in England and Wales, registration number 11537050. The registered office is 5 Lady Grove, Welwyn Garden City, Hertfordshire, AL7 4DS, 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.
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.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
695
-
Loans from directors
5,041
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).