IRIS Accounts Production v25.1.4.42 09495269 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094952692023-09-30094952692024-09-30094952692023-10-012024-09-30094952692022-09-30094952692022-10-012023-09-30094952692023-09-3009495269ns15:EnglandWales2023-10-012024-09-3009495269ns14:PoundSterling2023-10-012024-09-3009495269ns10:Director12023-10-012024-09-3009495269ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3009495269ns10:SmallEntities2023-10-012024-09-3009495269ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3009495269ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3009495269ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3009495269ns10:FullAccounts2023-10-012024-09-3009495269ns10:OrdinaryShareClass12023-10-012024-09-3009495269ns10:RegisteredOffice2023-10-012024-09-3009495269ns5:CurrentFinancialInstruments2024-09-3009495269ns5:CurrentFinancialInstruments2023-09-3009495269ns5:ShareCapital2024-09-3009495269ns5:ShareCapital2023-09-3009495269ns5:RetainedEarningsAccumulatedLosses2024-09-3009495269ns5:RetainedEarningsAccumulatedLosses2023-09-3009495269ns5:PlantMachinery2023-10-012024-09-3009495269ns5:FurnitureFittings2023-10-012024-09-3009495269ns5:ComputerEquipment2023-10-012024-09-3009495269ns5:PlantMachinery2023-09-3009495269ns5:FurnitureFittings2023-09-3009495269ns5:ComputerEquipment2023-09-3009495269ns5:PlantMachinery2024-09-3009495269ns5:FurnitureFittings2024-09-3009495269ns5:ComputerEquipment2024-09-3009495269ns5:PlantMachinery2023-09-3009495269ns5:FurnitureFittings2023-09-3009495269ns5:ComputerEquipment2023-09-3009495269ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3009495269ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3009495269ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 09495269 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SAVIO SERVICES LTD

SAVIO SERVICES LTD (REGISTERED NUMBER: 09495269)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SAVIO SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr K Koo





REGISTERED OFFICE: No. 153 Wood Street
Barnet
EN5 4BS





REGISTERED NUMBER: 09495269 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

SAVIO SERVICES LTD (REGISTERED NUMBER: 09495269)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,096 29,542

CURRENT ASSETS
Debtors 5 721,920 761,756
Cash at bank 157,003 663,627
878,923 1,425,383
CREDITORS
Amounts falling due within one year 6 865,025 1,407,501
NET CURRENT ASSETS 13,898 17,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,994

47,424

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 52,894 47,324
SHAREHOLDERS' FUNDS 52,994 47,424

SAVIO SERVICES LTD (REGISTERED NUMBER: 09495269)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 June 2025 and were signed by:





Mr K Koo - Director


SAVIO SERVICES LTD (REGISTERED NUMBER: 09495269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Savio Services Ltd 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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 25 ) .

SAVIO SERVICES LTD (REGISTERED NUMBER: 09495269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 October 2023 14,187 2,037 46,117 62,341
Additions - 20,818 5,434 26,252
At 30 September 2024 14,187 22,855 51,551 88,593
Depreciation
At 1 October 2023 9,048 2,037 21,714 32,799
Charge for year 3,033 4,597 9,068 16,698
At 30 September 2024 12,081 6,634 30,782 49,497
Net book value
At 30 September 2024 2,106 16,221 20,769 39,096
At 30 September 2023 5,139 - 24,403 29,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 368,510 679,611
Other debtors 353,410 82,145
721,920 761,756

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 231,611 286,732
Taxation and social security 21,398 98,415
Other creditors 612,016 1,022,354
865,025 1,407,501

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100