SVY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Company registration number SC626510 (Scotland)
PAGES FOR FILING WITH REGISTRAR
SVY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
420,894
57,599
Current assets
528,895
541,303
Creditors: amounts falling due within one year
(350,192)
(1,784)
Net current assets
178,703
539,519
Total assets less current liabilities
599,597
597,118
Net assets
599,597
597,118
Capital and reserves
599,597
597,118
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Included within 'current assets' is a loan due from the company director of £119,500 (2024 - £168,801). This loan is unsecured and carries an interest rate of 2.25%, charged annually, payable in arrears. There are no set repayment terms for the loan.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
1
1
SVY Limited is a private company limited by shares incorporated in Scotland. The registered office is 81 London Road, Kilmarnock, Ayrshire, KA3 7BT.
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
SVY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 17 December 2025
Mr William Sivewright
Director
Company registration number SC626510 (Scotland)