SAVANNA ENTERTAINMENT GROUP LLP

Company Registration Number:
OC449629 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 24 October 2023

End date: 31 October 2024

SAVANNA ENTERTAINMENT GROUP LLP

Contents of the Financial Statements

for the Period Ended 31 October 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SAVANNA ENTERTAINMENT GROUP LLP

Profit And Loss Account

for the Period Ended 31 October 2024

2024


£
Turnover: 3,197
Cost of sales: ( 2,770 )
Gross profit(or loss): 427
Distribution costs: ( 951 )
Administrative expenses: ( 2,292 )
Other operating income: 175
Operating profit(or loss): (2,641)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (2,641)
Tax: 0
Profit(or loss) for the financial year: (2,641)

SAVANNA ENTERTAINMENT GROUP LLP

Balance sheet

As at 31 October 2024

Notes 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 3,280
Investments:   0
Total fixed assets: 3,280
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 3,280
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 3,280
Capital and reserves
Called up share capital: 3,280
Share premium account: 0
Other reserves: 0
Profit and loss account: 0
Total Shareholders' funds: 3,280

The notes form part of these financial statements

SAVANNA ENTERTAINMENT GROUP LLP

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 21 August 2025
and signed on behalf of the board by:

Name: Donovan Mandiringa
Status: Director

The notes form part of these financial statements

SAVANNA ENTERTAINMENT GROUP LLP

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    ACCOUNTING POLICIES – DJ/STUDIO AND ARTIST SUPPORT BUSINESS/SERVICES (2023–2024) 1. Basis of Preparation The accounts are prepared in accordance with applicable UK accounting standards and HMRC self-assessment rules. They follow the accruals concept and assume the business is a going concern. 2. Turnover Turnover represents income from DJ performances, studio rentals, and digital music services. Revenue is recognized when the service is delivered. Turnover is stated exclusive of VAT unless operating under the VAT Flat Rate Scheme, in which case turnover is reported gross and adjusted accordingly. 3. Tangible Fixed Assets Tangible assets include DJ equipment, studio gear, computers, and furniture. These are recorded at cost and depreciated on a straight-line basis over 3–5 years. Upgrades are capitalized if they enhance performance or extend useful life. 4. Intangible Assets Intangible assets include software licenses, digital content rights, and domain names. These are recognized at cost if identifiable, expected to generate future economic benefit, and reliably measurable. Amortization is applied over 3–5 years. Internally generated brand value and client relationships are not capitalized. 5. Investments Investments are recorded at cost or fair value depending on type and intention. Short-term investments are classified as current assets; long-term holdings are shown as non-current. Unrealized gains or losses are disclosed where applicable. 6. Cash at Bank Cash at bank includes balances held in business accounts, petty cash, and undeposited income as of the reporting date. Only cleared funds are included. 7. Taxation Tax is calculated based on profits reported under UK self-assessment rules. Allowable expenses are deducted in accordance with HMRC guidelines. Capital allowances are claimed on qualifying assets.

    Tangible fixed assets depreciation policy

    Tangible assets include DJ equipment, studio gear, computers, and furniture used in the business. These are recorded at cost and depreciated on a straight-line basis over their estimated useful lives, typically 3–5 years. Asset upgrades are capitalized if they enhance performance or extend useful life. Example: Pioneer XDJ-700 controller purchased in 2023 is depreciated over 5 years.

    Intangible fixed assets amortisation policy

    INTANGIBLE FIXED ASSETS – AMORTISATION POLICY Recognition Intangible assets are recognized when they are: - Identifiable (either separable or arising from legal or contractual rights) - Expected to generate future economic benefits - Measurable reliably at cost Examples include software licenses, digital content rights, domain names, and purchased intellectual property used in the business. Amortisation Basis Intangible assets are amortised on a systematic basis over their estimated useful lives. Where the pattern of consumption cannot be reliably determined, the straight-line method is used. Typical useful lives: - Software Licenses: 3–5 years - Digital Content Rights: 3–5 years - Domain Names: 5–10 years - Purchased IP: Over the contractual term Useful Life Review The useful life of each intangible asset is reviewed annually. If there is evidence of a change in expected usage or value, the remaining amortisation period is adjusted prospectively. Impairment Intangible assets are assessed for impairment if indicators suggest a reduction in value (e.g. discontinued use, loss of rights). Impaired assets are written down to their recoverable amount. Disclosure Financial statements disclose: - Amortisation method and useful life - Gross carrying amount and accumulated amortisation - Any impairment losses recognised

SAVANNA ENTERTAINMENT GROUP LLP

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

SAVANNA ENTERTAINMENT GROUP LLP

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 3,280 0 3,280
Disposals
Revaluations
Transfers
At 31 October 2024 0 0 0 3,280 0 3,280
Depreciation
Charge for year 0 0 0 0 0 0
On disposals
Other adjustments
At 31 October 2024 0 0 0 0 0 0
Net book value
At 31 October 2024 0 0 0 3,280 0 3,280