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Company Registration No. 09280310 (England and Wales)
Save Time Technology Limited Filleted accounts for the year ended 31 October 2024
Save Time Technology Limited Filleted accounts Contents
Page
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Save Time Technology Limited Company Information for the year ended 31 October 2024
Director
Christopher Monney
Company Number
09280310 (England and Wales)
Registered Office
104 Livingstone Walk Hemel Hempstead Hertfordshire HP2 6AL
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Save Time Technology Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
93,935 
93,435 
Current assets
Debtors
6,000 
23,070 
Cash at bank and in hand
59,851 
34,831 
65,851 
57,901 
Creditors: amounts falling due within one year
(30,202)
(36,084)
Net current assets
35,649 
21,817 
Net assets
129,584 
115,252 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
129,484 
115,152 
Shareholders' funds
129,584 
115,252 
For the year ending 31 October 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 20 July 2025 and were signed on its behalf by
Christopher Monney Director Company Registration No. 09280310
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Save Time Technology Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Save Time Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 09280310. The registered office is 104 Livingstone Walk, Hemel Hempstead, Hertfordshire, HP2 6AL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
4
Investments
Other investments 
£ 
Valuation at 1 November 2023
93,435 
Additions
500 
Valuation at 31 October 2024
93,935 
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Save Time Technology Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
17,070 
Other debtors
6,000 
6,000 
6,000 
23,070 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
29,097 
35,004 
Accruals
1,105 
1,080 
30,202 
36,084 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
99 A Ordinary shares of £1 each
99 
99 
1 B Ordinary Shares of £1 each
1 
1 
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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