Saffron Services Ltd

Filleted Accounts

31 March 2025

Registered number

09737467

Saffron Services Ltd
Registered number:		09737467
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		71,185			63,685

Current assets
Stocks		8,000			6,000
Debtors	4	33,954			63,534
Cash at bank and in hand		63,403			61,039
		105,357			130,573

Creditors: amounts falling due within one year	5	(80,358)			(106,829)

Net current assets			24,999			23,744

Total assets less current liabilities			96,184			87,429

Creditors: amounts falling due after more than one year	6		(31,609)			(40,510)

Provisions for liabilities			(13,526)			(12,100)


Net assets			51,049			34,819

Capital and reserves
Called up share capital			100			100
Profit and loss account			50,949			34,719

Shareholders' funds			51,049			34,819

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Zeider
Director
Approved by the board on 25 July 2025

Saffron Services Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment			over 5 years
	Plant and machinery			over 5 years
	Motor vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		5


3	Tangible fixed assets
		Plant and machinery		Office equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	9,817		10,596		93,236		113,649
	Additions	4,058		1,016		28,451		33,525
	At 31 March 2025	13,875		11,612		121,687		147,174

	Depreciation
	At 1 April 2024	6,293		6,347		37,324		49,964
	Charge for the year	2,212		1,593		22,220		26,025
	At 31 March 2025	8,505		7,940		59,544		75,989

	Net book value
	At 31 March 2025	5,370		3,672		62,143		71,185
	At 31 March 2024	3,524		4,249		55,912		63,685


4	Debtors					2025		2024
£							£

	Trade debtors					9,090		9,882
	Deferred costs					720		13,739
	Accrued income					-		5,800
	CIS debtor					24,144		34,113
						33,954		63,534


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bounce back loan					10,000		10,000
	Obligations under finance lease and hire purchase contracts					16,313		14,638
	Trade creditors					4,993		16,010
	Directors loan account					27,152		23,631
	Corporation tax					13,707		9,313
	Taxation and social security costs					5,093		2,085
	Other creditors					3,100		31,152
						80,358		106,829


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bounce back loan					5,833		16,667
	Obligations under finance lease and hire purchase contracts					25,776		23,843
						31,609		40,510


7	Other information

	Saffron Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 1 New House Farm
	Thaxted Road
	Wimbish
	Saffron Walden
	CB10 2UT