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Company Registration No. 14042683 (England and Wales)
Saffron Elite Property Ltd Unaudited accounts for the year ended 30 April 2024
Saffron Elite Property Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Saffron Elite Property Ltd Company Information for the year ended 30 April 2024
Director
Luke William Harrington
Company Number
14042683 (England and Wales)
Registered Office
31 Ted Bates Court Southampton SO15 2PF England
Accountants
Akusika Business Services Ltd Sapphire House 116 Station Road Chinnor Oxon OX39 4QG
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Saffron Elite Property Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,540 
3,098 
Current assets
Cash at bank and in hand
410 
128,627 
Creditors: amounts falling due within one year
5
(19,051)
(132,405)
Net current liabilities
(18,641)
(3,778)
Total assets less current liabilities
(16,101)
(680)
Creditors: amounts falling due after more than one year
6
(2,079)
(360)
Net liabilities
(18,180)
(1,040)
Capital and reserves
Called up share capital
1 
- 
Profit and loss account
(18,181)
(1,040)
Shareholders' funds
(18,180)
(1,040)
For the year ending 30 April 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 6 April 2025 and were signed on its behalf by
Luke William Harrington Director Company Registration No. 14042683
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Saffron Elite Property Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Saffron Elite Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14042683. The registered office is 31 Ted Bates Court, Southampton, SO15 2PF, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
3,779 
At 30 April 2024
3,779 
Depreciation
At 1 May 2023
681 
Charge for the year
558 
At 30 April 2024
1,239 
Net book value
At 30 April 2024
2,540 
At 30 April 2023
3,098 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
18,794 
132,405 
Accruals
257 
- 
19,051 
132,405 
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Saffron Elite Property Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
2,079 
360 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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