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REGISTERED NUMBER: 04635294 (England and Wales)












SAVVA SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAVVA SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mr A Savva
Mrs A Savva
Mr G Savva
Mrs N Chrysostomou





SECRETARY: Mrs A Savva





REGISTERED OFFICE: 69 Uplands Way
Winchmore Hill
London
N21 1DU





REGISTERED NUMBER: 04635294 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 256
Investment property 5 1,440,000 1,440,000
1,440,000 1,440,256

CURRENT ASSETS
Debtors 6 1,155 990
Cash at bank 22,071 18,055
23,226 19,045
CREDITORS
Amounts falling due within one year 7 434,560 415,089
NET CURRENT LIABILITIES (411,334 ) (396,044 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,028,666

1,044,212

PROVISIONS FOR LIABILITIES 8 134,963 130,733
NET ASSETS 893,703 913,479

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 632,518 632,518
Retained earnings 10 261,085 280,861
SHAREHOLDERS' FUNDS 893,703 913,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

BALANCE SHEET - continued
31 JANUARY 2025


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 28 April 2025 and were signed on its behalf by:





Mr A Savva - Director


SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Savva Services 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the net rents receivable, excluding value added tax. Turnover is recognised when rent becomes due under the lease agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2024
and 31 January 2025 1,018
DEPRECIATION
At 1 February 2024 762
Charge for year 256
At 31 January 2025 1,018
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 256

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 1,440,000
NET BOOK VALUE
At 31 January 2025 1,440,000
At 31 January 2024 1,440,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2005 32,074
Valuation in 2006 45,000
Valuation in 2007 13,098
Valuation in 2008 24,365
Valuation in 2016 172,177
Valuation in 2021 101,919
Valuation in 2022 325,000
Cost 726,367
1,440,000

If Investment property had not been revalued it would have been included at the following historical cost:

31.1.25 31.1.24
£    £   
Cost 726,367 726,367

Investment property was valued on an open market basis on 31 January 2022 by the directors .

SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Prepayments 1,155 990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Corporation tax 20,306 17,010
Tenant Deposits - 150
Directors' current accounts 411,459 395,254
Accruals and deferred income 815 815
Accrued expenses 1,980 1,860
434,560 415,089

8. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£    £   
Deferred tax 134,963 130,733

Deferred
tax
£   
Balance at 1 February 2024 130,733
Provided during year 4,230
Balance at 31 January 2025 134,963

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 February 2024 280,861 632,518 913,379
Profit for the year 66,224 66,224
Dividends (86,000 ) (86,000 )
At 31 January 2025 261,085 632,518 893,603

SAVVA SERVICES LIMITED (REGISTERED NUMBER: 04635294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


11. ULTIMATE CONTROLLING PARTY

There is no overall control of the company by any one person.