REGISTERED NUMBER: 09223125

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SAVAGE BAR AND RESTAURANT LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr John Fitzsimons

SECRETARY:

Ms Lenka Dohnalova

REGISTERED OFFICE:

97 Judd Street

London

WC1H 9NE

REGISTERED NUMBER:

09223125

ACCOUNTANTS:

Alex Johnson Ltd

Chartered Certified Accountants

344 - 354 Grays Inn Road

London

WC1X 8BP

FIXED ASSETS

Intangible assets

4

19,711

29,567

Property, plant and equipment

5

12,208

8,203

31,919

37,770

CURRENT ASSETS

Inventories

5,428

7,217

Debtors

6

64,138

55,099

Cash at bank

3,591

1,036

73,157

63,352

CREDITORS

Amounts falling due within one year

7

158,200

160,481

NET CURRENT LIABILITIES

(85,043

)

(97,129

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(53,124

)

(59,359

)

CREDITORS

Amounts falling due after more than one year

8

4,160

12,626

NET LIABILITIES

(57,284

)

(71,985

)

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

(57,584

)

(72,285

)

SHAREHOLDERS' FUNDS

(57,284

)

(71,985

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26th November 2025 and were signed by:

Mr John Fitzsimons - Director

1.	STATUTORY INFORMATION

Savage Bar and Restaurant Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

98,557

AMORTISATION

At 1st April 2024

68,990

Charge for year

9,856

At 31st March 2025

78,846

NET BOOK VALUE

At 31st March 2025

19,711

At 31st March 2024

29,567

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

3,500

22,425

25,925

Additions

-

6,182

6,182

At 31st March 2025

3,500

28,607

32,107

DEPRECIATION

At 1st April 2024

-

17,722

17,722

Charge for year

-

2,177

2,177

At 31st March 2025

-

19,899

19,899

NET BOOK VALUE

At 31st March 2025

3,500

8,708

12,208

At 31st March 2024

3,500

4,703

8,203

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

64,138

55,099

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,564

20,040

Trade creditors

22,886

14,693

Taxation and social security

7,539

4,936

Other creditors

104,211

120,812

158,200

160,481

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,160

12,626