REGISTERED NUMBER: 07891344 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SAVINGS DIRECT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A Green

Mrs S Green

REGISTERED OFFICE:

59 Jessam Ave

London

E5 9DU

REGISTERED NUMBER:

07891344 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

CURRENT ASSETS

Stocks

173,000

186,275

Debtors

5

88,737

97,773

Cash at bank

129,651

78,400

391,388

362,448

CREDITORS

Amounts falling due within one year

6

(14,316

)

(28,876

)

NET CURRENT ASSETS

377,072

333,572

TOTAL ASSETS LESS CURRENT LIABILITIES

377,072

333,572

CREDITORS

Amounts falling due after more than one year

7

(163,395

)

(92,057

)

NET ASSETS

213,677

241,515

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

212,677

240,515

SHAREHOLDERS' FUNDS

213,677

241,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2025 and were signed on its behalf by:

A Green - Director

1.	STATUTORY INFORMATION

Savings Direct Limited 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.

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

1,047

DEPRECIATION

At 1 January 2024

and 31 December 2024

1,047

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

12,866

14,449

Other debtors

64,936

83,226

77,802

97,675

31.12.24

31.12.23

£

£

Amounts falling due after more than one year:

Amounts owed by associates

10,935

98

Aggregate amounts

88,737

97,773

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

2,510

14,765

Taxation and social security

2,793

6,201

Other creditors

9,013

7,910

14,316

28,876

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to associates

163,395

92,057

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 January 2024

240,515

Deficit for the year

(27,838

)

At 31 December 2024

212,677

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S Green.