2024-01-01 04906291 2024-12-31 04906291 2024-01-01 2024-12-31 04906291 2023-12-31 04906291 2023-01-01 2023-12-31 04906291 uk-core:WithinOneYear 2023-12-31 04906291 uk-core:WithinOneYear 2024-12-31 04906291 uk-core:ShareCapital 2024-12-31 04906291 uk-core:ShareCapital 2023-12-31 04906291 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 04906291 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04906291 uk-bus:Director1 2024-01-01 2024-12-31 04906291 uk-core:LeaseholdImprovements 2024-01-01 2024-12-31 04906291 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2024-01-01 2024-12-31 04906291 uk-core:OfficeEquipment 2024-01-01 2024-12-31 04906291 uk-core:OfficeEquipment 2023-12-31 04906291 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2023-12-31 04906291 uk-core:LeaseholdImprovements 2023-12-31 04906291 uk-core:LeaseholdImprovements 2024-12-31 04906291 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2024-12-31 04906291 uk-core:OfficeEquipment 2024-12-31 04906291 uk-core:WithinOneYear 2024-01-01 2024-12-31 04906291 2 uk-bus:Director1 2024-01-01 2024-12-31 04906291 2 uk-bus:Director1 2024-12-31 04906291 2 uk-bus:Director1 2023-12-31 iso4217:GBP xbrli:pure 04906291 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04906291 uk-bus:FRS102 2024-01-01 2024-12-31 04906291 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 04906291 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Save On Limited
Registered Number:04906291
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Save On Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04906291
As at 31 December 2024
Save On Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,794
4,792
2
4,794
4,792
Current assets
Trade and other receivables
67,569
73,633
3
40,410
Cash and cash equivalents
40,502
114,135
107,979
Trade and other payables: amounts falling due within one
year
(1,302)
(2,653)
4
106,677
111,482
Net current assets
Total assets less current liabilities
116,276
111,469
(911)
(715)
Provisions for liabilities
115,365
Net assets
110,754
Capital and reserves
Called up share capital
3,000
3,000
Retained earnings
112,365
107,754
115,365
110,754
Shareholders' funds
For the year ended 31 December 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 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
M P Lenthall Director
These financial statements were approved and authorised for issue by the Board on 01 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
Save On Limited
Notes to the Financial Statements
Statutory Information
Save On Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04906291.
Registered address:
33 The Old Wharf
Oreston
Plymouth
Devon
PL9 7NP
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.
Property, plant and equipment
Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Leasehold Improvements
25% Reducing balance
Website and domains
25% Reducing balance
25% Reducing balance
Office equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 December 2024
Save On Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Office
equipment
Website and
domains
Leasehold
Improvements
£
£
£
£
Cost or
valuation
At 01 January 2024
22,721
16,965
4,332
1,424
1,600
1,600
-
-
Additions
At 31 December 2024
1,424
4,332
18,565
24,321
Provision for depreciation and impairment
At 01 January 2024
17,929
14,269
3,304
356
Charge for year
1,598
1,074
257
267
At 31 December 2024
19,527
15,343
3,561
623
At 31 December 2024
Net book value
801
771
3,222
4,794
At 31 December 2023
1,068
1,028
2,696
4,792
3. Trade and other receivables
2023
2024
£
£
Trade debtors
71,373
64,278
Other debtors
2,260
3,291
67,569
73,633
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
1,290
340
Other creditors
1,363
962
2,653
1,302
Included within taxation and social security is corporation tax of £1,290 (2023: £340).
5. Related party transactions
The company is under the effective control of its director.
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6
For the year ended 31 December 2024
Save On Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees
At 01/01/2024
Loaned
Repaid
At 31/12/2024
£
£
£
£
M P Lenthall
Loan from Director
400
(432)
10,832
10,000
400
(432)
10,832
10,000
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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