IRIS Accounts Production v25.4.0.155 13016810 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13016810 2024-03-31 13016810 2025-03-31 13016810 2024-04-01 2025-03-31 13016810 2023-03-31 13016810 2023-04-01 2024-03-31 13016810 2024-03-31 13016810 ns15:EnglandWales 2024-04-01 2025-03-31 13016810 ns14:PoundSterling 2024-04-01 2025-03-31 13016810 ns10:Director1 2024-04-01 2025-03-31 13016810 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13016810 ns10:SmallEntities 2024-04-01 2025-03-31 13016810 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13016810 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 13016810 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13016810 ns10:FullAccounts 2024-04-01 2025-03-31 13016810 ns10:Director2 2024-04-01 2025-03-31 13016810 ns10:RegisteredOffice 2024-04-01 2025-03-31 13016810 ns5:CurrentFinancialInstruments 2025-03-31 13016810 ns5:CurrentFinancialInstruments 2024-03-31 13016810 ns5:Non-currentFinancialInstruments 2025-03-31 13016810 ns5:Non-currentFinancialInstruments 2024-03-31 13016810 ns5:ShareCapital 2025-03-31 13016810 ns5:ShareCapital 2024-03-31 13016810 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 13016810 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 13016810 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 13016810 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 13016810 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-03-31 13016810 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-03-31 13016810 ns5:Secured 2025-03-31 13016810 ns5:Secured 2024-03-31 13016810 ns10:Director1 1 2024-03-31 13016810 ns10:Director1 1 2023-03-31 13016810 ns10:Director1 1 2024-04-01 2025-03-31 13016810 ns10:Director1 1 2023-04-01 2024-03-31 13016810 ns10:Director1 1 2025-03-31 13016810 ns10:Director1 1 2024-03-31 13016810 2 ns10:Director2 2024-03-31 13016810 2 ns10:Director2 2023-03-31 13016810 2 ns10:Director2 2024-04-01 2025-03-31 13016810 2 ns10:Director2 2023-04-01 2024-03-31 13016810 2 ns10:Director2 2025-03-31 13016810 2 ns10:Director2 2024-03-31

REGISTERED NUMBER: 13016810 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

SALVADOR HOLDINGS LIMITED

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Contents of the Financial Statements

For The Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SALVADOR HOLDINGS LIMITED |

Company Information

For The Year Ended 31 March 2025

| DIRECTORS: | P Perlinski

| P A Garrington

| REGISTERED OFFICE: | 19-20 Bourne Court Southend Road,

| Woodford Green

| Essex

| IG8 8HD

| REGISTERED NUMBER: | 13016810 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| Business Advisors & Accountants

| Equinox House

| Clifton Park, Shipton Road

| York

| YO30 5PA

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 571,886 |  | 571,886 |  |

CURRENT ASSETS

Debtors | 5 | 95,248 |  | 47,605 |  |

Cash at bank and in hand | 387,527 |  | 399,517 |  |

482,775 |  | 447,122 |  |

CREDITORS

Amounts falling due within one year | 6 | 769,019 |  | 732,701 |  |

NET CURRENT LIABILITIES | (286,244 | ) | (285,579 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 285,642 |  | 286,307 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 375,360 |  | 375,418 |  |

NET LIABILITIES | (89,718 | ) | (89,111 | ) |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (89,720 | ) | (89,113 | ) |

(89,718 | ) | (89,111 | ) |

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

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

The directors acknowledge their 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.

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Balance Sheet - continued

31 March 2025

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 Board of Directors and authorised for issue on 14 January 2026 and were signed on its behalf by:

P Perlinski - Director

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Salvador Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

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

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 balance sheet date.

| 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.

| Short term debtors and creditors

| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Notes to the Financial Statements - continued

For The Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Going concern

| At the time of approving the financial statements the company has negative reserves. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to ongoing support from the shareholders and connected parties. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 571,886 |  |

| NET BOOK VALUE

| At 31 March 2025 | 571,886 |  |

| At 31 March 2024 | 571,886 |  |

| The investment property is currently held at cost which the directors believe is akin to its market value. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | - |  | 18,000 |  |

| Directors' current accounts | 48,943 |  | - |  |

| Tax | 16,518 |  | - |  |

| Deferred tax asset | 29,787 |  | 29,605 |  |

95,248 |  | 47,605 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Corporation tax | 16,518 |  | - |  |

| Other creditors | 751,001 |  | 721,000 |  |

| Directors' current accounts | - |  | 10,201 |  |

| Accrued expenses | 1,500 |  | 1,500 |  |

769,019 |  | 732,701 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans more 5 yr by instal | 375,360 |  | 375,418 |  |

SALVADOR HOLDINGS LIMITED (REGISTERED NUMBER: 13016810) |

Notes to the Financial Statements - continued

For The Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 375,360 |  | 375,418 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 375,360 |  | 375,418 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| P Perlinski

| Balance outstanding at start of year | (5,600 | ) | - |  |

| Amounts advanced | 30,065 |  | - |  |

| Amounts repaid | - |  | (5,600 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 24,465 |  | (5,600 | ) |

| P A Garrington

| Balance outstanding at start of year | (4,601 | ) | - |  |

| Amounts advanced | 29,079 |  | - |  |

| Amounts repaid | - |  | (4,601 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 24,478 |  | (4,601 | ) |

10. | RELATED PARTY DISCLOSURES

| At 31 March 2025 the company owed £720,000 (£690,000) to Paul Garrington Limited, a company in which Mr P Garrington is director and shareholder.

| At 31 March 2025 the company owed £15,000 (£30,000) to Piotr Perlinski Ltd, a company in which Mr P Perlinski is director and shareholder.