SavyTech Ltd - Filleted accounts

Registered number

07021161

SavyTech Ltd

Filleted Accounts

30 September 2025

SavyTech Ltd
Registered number:		07021161
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	3,087			2,465
Cash at bank and in hand		17,839			18,024
		20,926			20,489

Creditors: amounts falling due within one year	4	(17,596)			(16,392)

Net current assets			3,330			4,097

Net assets			3,330			4,097

Capital and reserves
Called up share capital			2			2
Profit and loss account			3,328			4,095

Shareholders' funds			3,330			4,097

The director is 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 director acknowledges his 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.




Dr VY Loh
Director
Approved by the board on 17 November 2025

SavyTech Ltd
Notes to the Accounts
for the year ended 30 September 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.

	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.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Debtors	2025		2024
£			£

	Trade debtors	2,909		2,154
	Prepayments	-		311
	Other debtors	178		-
		3,087		2,465


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

	Taxation and social security costs	2,600		3,336
	Income invoiced in advance	1,600		600
	Director's loan account	12,896		11,956
	Accruals	500		500
		17,596		16,392


5	Other information

	SavyTech Ltd is a private company limited by shares and incorporated in Cardiff. Its registered office is:
	32 Cranbourne Drive
	Harpenden
	AL5 1RL