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| SAVEMAIN LIMITED |
| Company Registration Number: 01755373 |
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| Notes |
| For the year ended 29 March 2025 |
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| 1. General Information |
SAVEMAIN LIMITED is a Private Limited Company, Limited By shares, registered in United Kingdom, registration number 01755373
5 Gilman House
Pritchards Road
London
E2 9BL
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| 2. Statement of Compliance |
FRS 105 - The financial statements have been prepared in accordance with the micro-entity provisions of the companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime(March 2018) |
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| 3. Accounting policies |
| Basis of preparation |
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. |
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| Presentation currency |
The financial statements are prepared in sterling which is the functional currency of the company. |
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| | 2025 | 2024 |
| | £ | £ |
| 4. Employees |
| Wages and salaries | | 144,769 | 138,570 |
| Social security costs | | 9,588 | 7,570 |
| Pension costs | | 1,778 | 1,550 |
| Total staff costs | | 156,135 | 147,690 |
Average number of employees including directors during the period | | 9 | 8 |
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| 5. Financial Commitments |
On the purchase of Savemain Ltd, NR Pharma Limited, a related party, entered into a 10 year loan facility of GBP 650,000 on behalf of Savemain Limited. The loan is recognised as a liability in the balance sheet of NR Pharma Limited. Under the terms of this arrangement, Savemain Limited has a financial commitment in respect of the interest obligations associated with this borrowing. |
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