Caseware UK (AP4) 2024.0.164 2024.0.164 2025-09-30 2025-09-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1 false No description of principal activity true false 1 false 2024-10-01 10947170 2024-10-01 2025-09-30 10947170 2023-10-01 2024-09-30 10947170 2025-09-30 10947170 2024-09-30 10947170 c:Director1 2024-10-01 2025-09-30 10947170 d:CurrentFinancialInstruments 2025-09-30 10947170 d:CurrentFinancialInstruments 2024-09-30 10947170 d:CurrentFinancialInstruments d:WithinOneYear 2025-09-30 10947170 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10947170 d:ShareCapital 2025-09-30 10947170 d:ShareCapital 2024-09-30 10947170 d:RevaluationReserve 2025-09-30 10947170 d:RevaluationReserve 2024-09-30 10947170 d:OtherMiscellaneousReserve 2025-09-30 10947170 d:OtherMiscellaneousReserve 2024-09-30 10947170 d:RetainedEarningsAccumulatedLosses 2025-09-30 10947170 d:RetainedEarningsAccumulatedLosses 2024-09-30 10947170 c:OrdinaryShareClass1 2024-10-01 2025-09-30 10947170 c:OrdinaryShareClass1 2025-09-30 10947170 c:OrdinaryShareClass1 2024-09-30 10947170 c:FRS102 2024-10-01 2025-09-30 10947170 c:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 10947170 c:FullAccounts 2024-10-01 2025-09-30 10947170 c:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 10947170 6 2024-10-01 2025-09-30 10947170 e:PoundSterling 2024-10-01 2025-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10947170 SAVITAR LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
SAVITAR LIMITED REGISTERED NUMBER: 10947170 STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 23,784,355 |  | 21,784,355
|  |  | 23,784,355 |  | 21,784,355
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | - |  | 2,000,000 |
Cash at bank and in hand | 6 | 41,577 |  | 62,912 |
|  | 41,577 |  | 2,062,912 |
Creditors: amounts falling due within one year | 7 | (3,200) |  | (3,200) |
Net current assets |  |  | 38,377 |  | 2,059,712
Total assets less current liabilities |  |  | 23,822,732 |  | 23,844,067
Net assets |  |  | 23,822,732 |  | 23,844,067
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 11,000,000 |  | 11,000,000
Revaluation reserve |  |  | 490,390 |  | 490,390
Capital contribution |  |  | 12,433,417 |  | 12,433,417
Profit and loss account |  |  | (101,075) |  | (79,740)
|  |  | 23,822,732 |  | 23,844,067
Page 1
SAVITAR LIMITED REGISTERED NUMBER: 10947170 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 SEPTEMBER 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
S J Blackmore
Director
Date: 19 February 2026
The notes on pages 3 to 6 form part of these financial statements. Page 2
SAVITAR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. | General information
Savitar Limited is a private company, limited by shares, incorporated in England and Wales, registration number 10947170. The registered office is 6th Floor, 2 London Wall Place, London, EC2Y 5AU. The financial statements are prepared in £ sterling, the functional currency, rounded to the nearest £1. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.3 | Valuation of investments
Investments in classic cars, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.4 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.5 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Page 3
SAVITAR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 2.6 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.7 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Page 4
SAVITAR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Fixed asset investments
|  | Classic Cars
|  | £
| Valuation |
| At 1 October 2024 | 21,784,355
| Additions | 2,000,000
| At 30 September 2025 | 23,784,355
| If the Classic Cars had been accounted for under the historic cost accounting rules, the cars would have been held at £23,293,965 (2024: £21,293,965).
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | - | 2,000,000
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 41,577 | 62,912
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SAVITAR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accruals and deferred income | 3,200 | 3,200
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 11,000,000 (2024 - 11,000,000) 1 shares of £1.00 each | 11,000,000 | 11,000,000
9. | Related party transactions
| The company has taken advantage of the exemption available of Financial Reporting Standard 102 Section 33 whereby it has not disclosed transactions with any wholly owned subsidiaries of Dragonfly Invest S.C.A..
10. | Controlling party
The immediate parent company is Dragonfly Invest S.C.A. which holds 100% of the share capital. Dragonfly Invest S.C.A. is an entity incorporated in Luxembourg. The ultimate controlling party is Carayes S.à r.l., an entity incorporated in Luxembourg. Consolidated financial statements for the group are not prepared.
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