Registration number: 03025902

Saville Carriage Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 6

Saville Carriage Company Limited

Company Information

Directors

JJ Sword PC Sword Mrs CE Sword

Registered office

St. Edmunds Sandy Lane Road, Charlton Kings Cheltenham Gloucestershire GL53 9DA

Accountants

Boon and Worth Limited Suite A4, Skylon Court Coldnose Road Rotherwas Hereford HR2 6JS

Saville Carriage Company Limited

(Registration number: 03025902)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Stocks	4	182,152	131,702
Debtors	5	60,255	64,141
Cash at bank and in hand		75,511	292,481
		317,918	488,324
Creditors: Amounts falling due within one year	6	(112,493)	(138,647)
Net assets		205,425	349,677
Capital and reserves
Called up share capital		100,000	100,000
Retained earnings		105,425	249,677
Shareholders' funds		205,425	349,677

Saville Carriage Company Limited

(Registration number: 03025902)
Balance Sheet as at 31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2025 and signed on its behalf by:
 

......................................... JJ Sword Director

Saville Carriage Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
St. Edmunds
Sandy Lane Road, Charlton Kings
Cheltenham
Gloucestershire
GL53 9DA

These financial statements were authorised for issue by the Board on 20 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Saville Carriage Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Stocks

	2024 £	2023 £
Raw materials and consumables	151,952	101,502
Other inventories	30,200	30,200
	182,152	131,702

Saville Carriage Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current	2024 £	2023 £
Prepayments	-	3,886
Other debtors	60,255	60,255
	60,255	64,141

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Taxation and social security	26,853	26,523
Accruals and deferred income	1,500	1,500
Other creditors	84,140	110,624
	112,493	138,647

7	Related party transactions

Transactions with directors

2024	At 1 January 2024 £	Advances to director £	Repayments by director £	At 31 December 2024 £
JJ Sword
JJ & Mrs C Sword	(33,301)	217,087	(200,904)	(17,118)
PC Sword
PC Sword	(77,322)	50,000	(50,000)	(77,322)

2023	At 1 January 2023 £	Advances to director £	Repayments by director £	At 31 December 2023 £
JJ Sword
JJ & Mrs C Sword	(54,613)	277,469	(256,158)	(33,301)
PC Sword
PC Sword	(27,322)	-	(50,000)	(77,322)