2023-07-01 08147497 2024-06-30 08147497 2023-07-01 2024-06-30 08147497 2023-06-30 08147497 2022-07-01 2023-06-30 08147497 uk-core:WithinOneYear 2023-06-30 08147497 uk-core:WithinOneYear 2024-06-30 08147497 uk-core:AfterOneYear 2023-06-30 08147497 uk-core:AfterOneYear 2024-06-30 08147497 uk-core:ShareCapital 2024-06-30 08147497 uk-core:ShareCapital 2023-06-30 08147497 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 08147497 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 08147497 uk-bus:Director1 2023-07-01 2024-06-30 08147497 uk-core:PlantMachinery 2023-07-01 2024-06-30 08147497 uk-core:ToolsEquipment 2023-07-01 2024-06-30 08147497 uk-core:MotorCars 2023-07-01 2024-06-30 08147497 uk-core:FurnitureFittings 2023-07-01 2024-06-30 08147497 uk-core:WithinOneYear 2024-06-30 08147497 uk-core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure 08147497 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08147497 uk-bus:FRS102 2023-07-01 2024-06-30 08147497 uk-bus:FullAccounts 2023-07-01 2024-06-30 08147497 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Savon Limited
Registered Number:08147497
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Savon Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08147497
As at 30 June 2024
Savon Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
840,695
845,626
840,695
845,626
Current assets
Inventories
420,913
315,664
2
Trade and other receivables
382,362
13,306
3
769,826
Cash and cash equivalents
1,583,334
1,912,304
1,573,101
Trade and other payables: amounts falling due within one
year
(1,435,179)
(1,113,567)
4
137,922
798,737
Net current assets
Total assets less current liabilities
1,639,432
983,548
Trade and other payables: amounts falling due after more
than one year
(1,029,144)
(1,779,220)
5
(251)
-
Provisions for liabilities
(140,039)
Net liabilities
(45,596)
Capital and reserves
Called up share capital
1
1
Retained earnings
(140,040)
(45,597)
(140,039)
(45,596)
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms K F Rielly Director
These financial statements were approved and authorised for issue by the Board on 27 March 2025 and were signed by:
1 of 4
4
Registered Number :
08147497
For the year ended 30 June 2024
Savon Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 30 June 2024
Savon Limited
Notes to the Financial Statements
Statutory Information
Savon Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
08147497.
Registered address:
Mill Lane
Eastry
Sandwich
Kent
CT13 0JS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
25 Reducing balance
Computer equipment
25 Straight line
Motor vehicles
25 Reducing balance
Fixtures and fittings
2. Inventories
2023
2024
£
£
Stocks
315,664
420,913
3. Trade and other receivables
2023
2024
£
£
Trade debtors
13,306
10,351
Amounts owed by group undertakings and participating interests
-
372,011
382,362
13,306
3 of 4
6
For the year ended 30 June 2024
Savon Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
79,710
Trade creditors
1,094,127
1,094,129
Taxation and social security
13,116
7,564
Other creditors
6,324
253,776
1,113,567
1,435,179
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Debentures
1,779,220
1,029,144
6. Average number of persons employed
During the year the average number of employees was 0 (2023 : 1)
4 of 4