Company Registration No. 13390091 (England and Wales)
Savtax Accountants Ltd
Unaudited accounts
for the year ended 31 March 2025
Savtax Accountants Ltd
Unaudited accounts
Contents
Savtax Accountants Ltd
Company Information
for the year ended 31 March 2025
Company Number
13390091 (England and Wales)
Registered Office
9 Eternity House
21-24 Hickman Avenue
London
London
E4 9GA
England
Savtax Accountants Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
12,539
12,564
Creditors: amounts falling due within one year
(11,230)
(7,973)
Net current assets
19,368
12,521
Called up share capital
100
100
Profit and loss account
21,539
12,776
Shareholders' funds
21,639
12,876
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 0205 and were signed on its behalf by
Dinesh Tiwari
Director
Company Registration No. 13390091
Savtax Accountants Ltd
Notes to the Accounts
for the year ended 31 March 2025
Savtax Accountants Ltd is a private company, limited by shares, registered in England and Wales, registration number 13390091. The registered office is 9 Eternity House, 21-24 Hickman Avenue, London, London, E4 9GA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Savtax Accountants Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
919
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,377
4,390
Other creditors
2,014
1,001
Loans from directors
-
920
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Amounts owed by the director
(920)
14,295
10,921
2,454
The loan was repaid within 9 months after the year end.
8
Average number of employees
During the year the average number of employees was 5 (2024: 3).