REGISTERED NUMBER: 04374240 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

SAYONA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B S Patel

REGISTERED OFFICE:

9-11 Ferme Park Road

London

N4 4DS

REGISTERED NUMBER:

04374240 (England and Wales)

ACCOUNTANTS:

Chapmans

Chartered Accountants

9 Churchill Court

58 Station Road

North Harrow

HA2 7SA

FIXED ASSETS

Intangible assets

4

750,000

750,000

Tangible assets

5

55,782

78,263

805,782

828,263

CURRENT ASSETS

Stocks

220,964

202,076

Debtors

6

525

525

Cash at bank

406,729

237,714

628,218

440,315

CREDITORS

Amounts falling due within one year

7

617,999

702,203

NET CURRENT ASSETS/(LIABILITIES)

10,219

(261,888

)

TOTAL ASSETS LESS CURRENT LIABILITIES

816,001

566,375

CAPITAL AND RESERVES

Called up share capital

6

2

Capital redemption reserve

8

2

2

Retained earnings

8

815,993

566,371

SHAREHOLDERS' FUNDS

816,001

566,375

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

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

The director acknowledges his 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.

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 director and authorised for issue on 20 May 2026 and were signed by:

B S Patel - Director

1.	STATUTORY INFORMATION

Sayona 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.

Goodwill

Goodwill is not amortised in accordance with the requirements of FRS10, as in the opinion of the directors, the present market value exceeds the book value.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

750,000

NET BOOK VALUE

At 31 May 2025

750,000

At 31 May 2024

750,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 June 2024

47,309

392,231

53,090

492,630

Additions

-

2,113

-

2,113

At 31 May 2025

47,309

394,344

53,090

494,743

DEPRECIATION

At 1 June 2024

46,829

354,266

13,272

414,367

Charge for year

96

9,566

14,932

24,594

At 31 May 2025

46,925

363,832

28,204

438,961

NET BOOK VALUE

At 31 May 2025

384

30,512

24,886

55,782

At 31 May 2024

480

37,965

39,818

78,263

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

525

525

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

93,078

5,046

Taxation and social security

151,299

118,692

Other creditors

373,622

578,465

617,999

702,203

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 June 2024

566,371

2

566,373

Profit for the year

343,622

343,622

Dividends

(94,000

)

(94,000

)

At 31 May 2025

815,993

2

815,995

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

A S Patel and B S Patel

Balance outstanding at start of year

(553,129

)

(163,933

)

Amounts advanced

334,504

28,804

Amounts repaid

(94,000

)

(418,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(312,625

)

(553,129

)

10.	RELATED PARTY DISCLOSURES

The company pays rent of £50,000 (2024: £50,000) to a company owned by the directors and their family members.