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Company registration number:
08306187
SAFF UNITED LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2025
SAFF UNITED LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of SAFF UNITED LIMITED
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
SAFF UNITED LIMITED
for the year ended
31 March 2025
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
SAFF UNITED LIMITED
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
SAFF UNITED LIMITED
and state those matters that I have agreed to state to the Board of Directors of
SAFF UNITED LIMITED
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
SAFF UNITED LIMITED
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
SAFF UNITED LIMITED
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
SAFF UNITED LIMITED
. You consider that
SAFF UNITED LIMITED
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of SAFF UNITED LIMITED. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Kumar Business Consutants Limited
255-261 Horn Lane
London
W3 9EH
United Kingdom
SAFF UNITED LIMITED
Statement of Financial Position
31 March 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 3,800,000 |  | 3,800,000 |
Current assets |  |  |  |  |
Debtors | 6 | 8,938 |  | 24,594 |
Cash at bank and in hand |  | 221,065 |  | 115,398 |
|  | 230,003 |  | 139,992 |
Creditors: amounts falling due within one year | 7 | (43,737 | ) | (29,964 | )
Net current assets |  | 186,266 |  | 110,028 |
Total assets less current liabilities |  | 3,986,266 |  | 3,910,028 |
Creditors: amounts falling due after more than one year | 8 | (2,112,207 | ) | (2,110,132 | )
Provisions for liabilities |  | (217,891 | ) | (217,891 | )
Net assets |  | 1,656,168 |  | 1,582,005 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Revaluation reserve |  | 928,900 |  | 928,900 |
Profit and loss account |  | 727,168 |  | 653,005 |
Shareholders funds |  | 1,656,168 |  | 1,582,005 |

For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
14 October 2025
, and are signed on behalf of the board by:

Farid Bahaduri
Director

Company registration number:
08306187
SAFF UNITED LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
50 King Street
,
Southall
,
Middlesex
,
UB2 4DB
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Rental income is recognised on an accrual basis. Rents receivable from tenants represents rents and service charges receivable in the period.
Where a rent-free period is included in a lease, the rental income foregone is allocated evenly over the period from the date of lease commencement to the earliest termination date.
Rental income from fixed and minimum guaranteed rent reviews is recognised on a straight-line basis over the shorter of the entire lease term or the period to the first break option. Where such rental income is recognised ahead of the related cash flow, an adjustment is made to ensure the carrying value of the related property including the accrued rent does not exceed the external valuation. Initial direct costs incurred in negotiating and arranging a new lease are amortised on a straight-line basis over the period from the date of lease commencement to the earliest termination date.

## Current tax

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 balance sheet date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | -

## Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

## 4 Average number of employees

The average number of persons employed by the company during the year was
4
(2024:
4
).

## 5 Tangible assets

| Land and buildings
--- | ---
| £
Cost |  |
At 1 April 2024 and 31 March 2025 | 3,800,000 |
Depreciation |  |
At 1 April 2024 and 31 March 2025 | - |
Carrying amount |  |
At 31 March 2025 | 3,800,000 |
At 31 March 2024 | 3,800,000 |

## Investment property

Included in land and buildings are the following amounts in relation to investment properties:

| 2025
--- | ---
| £
Carrying value at 1 April 2024 and 31 March 2025 | 3,800,000 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | - |  | 16,000 |
Other debtors | 8,938 |  | 8,594 |
| 8,938 |  | 24,594 |

The debtors above include the following amounts falling due after more than one year:

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Taxation and social security | 25,847 |  | 13,083 |
Other creditors | 17,890 |  | 16,881 |
| 43,737 |  | 29,964 |

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 2,112,207 |  | 2,110,132 |