Savile Row Projects Limited - Filleted accounts

Registered number

08120526

Savile Row Projects Limited

Filleted Accounts

30 September 2025

Savile Row Projects Limited
Registered number:		08120526
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		65,137			65,808
Tangible assets	4		393,483			563,277
			458,620			629,085

Current assets
Stocks		1,395,611			595,313
Debtors	5	3,901,185			945,807
Cash at bank and in hand		535,086			640,080
		5,831,882			2,181,200

Creditors: amounts falling due within one year	6	(4,981,070)			(1,289,660)

Net current assets			850,812			891,540

Total assets less current liabilities			1,309,432			1,520,625

Creditors: amounts falling due after more than one year	7		(58,133)			(257,941)



Net assets			1,251,299			1,262,684

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,251,199			1,262,584

Shareholder's funds			1,251,299			1,262,684

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mark Robert Lane
Director
Approved by the board on 23 May 2026

Savile Row Projects Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Leasehold improvements			10% straight line
	Fixtures and fittings			25% reducing balance
	Computers			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises of direct materials and, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost adjusted where applicable for any loss of service potential. At each reporting date, an assesment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit and loss. Reversals of impairment losses are also recognised in profit and loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					18		16


3	Intangible fixed assets							£
	Software :

	Cost
	At 1 April 2024							82,725
	Additions							9,200
	At 30 September 2025							91,925

	Amortisation
	At 1 April 2024							16,917
	Provided during the period							9,871
	At 30 September 2025							26,788

	Net book value
	At 30 September 2025							65,137
	At 31 March 2024							65,808

	Software is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Leasehold improvements		Fixtures and fittings		Computer equipment		Total
£			£		£		£
	Cost
	At 1 April 2024	482,092		158,605		101,297		741,994
	Additions	76,328		9,140		6,804		92,272
	Disposals	(160,381)		-		-		(160,381)
	At 30 September 2025	398,039		167,745		108,101		673,885

	Depreciation
	At 1 April 2024	114,334		28,255		36,128		178,717
	Charge for the period	55,164		33,083		13,438		101,685
	At 30 September 2025	169,498		61,338		49,566		280,402

	Net book value
	At 30 September 2025	228,541		106,407		58,535		393,483
	At 31 March 2024	367,758		130,350		65,169		563,277


5	Debtors					2025		2024
£							£

	Trade debtors					1,526,659		813,599
	Other debtors					2,374,526		132,208
						3,901,185		945,807


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					612,578		433,192
	Trade creditors					2,591,838		626,354
	Taxation and social security costs					264,506		79,830
	Other creditors					1,512,148		150,284
						4,981,070		1,289,660


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					58,133		257,941


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					127,857		127,857


9	Other information

	Savile Row Projects Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Lower Ground
	108-114 Golden Lane
	London
	EC1Y 0TG