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REGISTERED NUMBER: 12392372 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

SABERTOOTH LIMITED

SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SABERTOOTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr D J Baumber
Miss H S Fields





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Hampshire
SO50 9PD





REGISTERED NUMBER: 12392372 (England and Wales)






SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 21,695 27,981
Investments 6 60,030 60,030
Investment property 7 1,077,193 1,077,193
1,158,918 1,165,204

CURRENT ASSETS
Debtors 8 2,327 18,254
Cash at bank and in hand 12,795 4,581
15,122 22,835
CREDITORS
Amounts falling due within one year 9 762,041 723,403
NET CURRENT LIABILITIES (746,919 ) (700,568 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

411,999

464,636

CREDITORS
Amounts falling due after more than one year 10 (440,158 ) (440,107 )

PROVISIONS FOR LIABILITIES - (4,543 )
NET (LIABILITIES)/ASSETS (28,159 ) 19,986

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,259 ) 19,886
SHAREHOLDERS' FUNDS (28,159 ) 19,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

BALANCE SHEET - continued
31 OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:





Mr D J Baumber - Director


SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Sabertooth Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going Concern
An associated company of the directors has made loans to the company that are repayable on demand. This associated company will not demand repayment if it would be financially detrimental to the ongoing trade of the company. Due to this ongoing support, the directors believes that it is appropriate to prepare the financial statements on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Furniture, fixtures & fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

All fixed assets are initially recorded at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
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.

SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


3. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments are initially recognised at cost including associated transaction costs. Publicly traded investments are subsequently measured at fair value with changes in fair value recognised in the profit and loss account. Investments which are not publicly traded are recognised at cost less impairment.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Furniture,
Plant and fixtures Computer
machinery & fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023 439 33,539 1,698 35,676
Additions - 770 - 770
At 31 October 2024 439 34,309 1,698 36,446
DEPRECIATION
At 1 November 2023 37 7,233 425 7,695
Charge for year 101 6,637 318 7,056
At 31 October 2024 138 13,870 743 14,751
NET BOOK VALUE
At 31 October 2024 301 20,439 955 21,695
At 31 October 2023 402 26,306 1,273 27,981

6. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 November 2023
and 31 October 2024 60,030
NET BOOK VALUE
At 31 October 2024 60,030
At 31 October 2023 60,030

SABERTOOTH LIMITED (REGISTERED NUMBER: 12392372)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 1,077,193
NET BOOK VALUE
At 31 October 2024 1,077,193
At 31 October 2023 1,077,193

The directors have assessed the fair value of the investment property as shown above and confirmed this is a fair value as at 31st October 2024.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,327 18,254

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 762,041 723,403

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 440,158 440,107

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 440,158 440,107

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 440,158 440,107

The bank loans are secured against the investment property.