Acorah Software Products - Accounts Production 19.2.450 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 03090597 Mrs Gurbax Kaur true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03090597 2024-08-31 03090597 2025-08-31 03090597 2024-09-01 2025-08-31 03090597 frs-core:CurrentFinancialInstruments 2025-08-31 03090597 frs-core:Non-currentFinancialInstruments 2025-08-31 03090597 frs-core:FurnitureFittings 2025-08-31 03090597 frs-core:FurnitureFittings 2024-09-01 2025-08-31 03090597 frs-core:FurnitureFittings 2024-08-31 03090597 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 03090597 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 03090597 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 03090597 frs-core:MotorVehicles 2025-08-31 03090597 frs-core:MotorVehicles 2024-09-01 2025-08-31 03090597 frs-core:MotorVehicles 2024-08-31 03090597 frs-core:PlantMachinery 2025-08-31 03090597 frs-core:PlantMachinery 2024-09-01 2025-08-31 03090597 frs-core:PlantMachinery 2024-08-31 03090597 frs-core:ShareCapital 2025-08-31 03090597 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 03090597 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 03090597 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 03090597 frs-bus:SmallEntities 2024-09-01 2025-08-31 03090597 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 03090597 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 03090597 1 2024-09-01 2025-08-31 03090597 frs-bus:Director1 2024-09-01 2025-08-31 03090597 frs-countries:EnglandWales 2024-09-01 2025-08-31 03090597 2023-08-31 03090597 2024-08-31 03090597 2023-09-01 2024-08-31 03090597 frs-core:CurrentFinancialInstruments 2024-08-31 03090597 frs-core:Non-currentFinancialInstruments 2024-08-31 03090597 frs-core:ShareCapital 2024-08-31 03090597 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 03090597
Saga Fashions Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Accurox Ltd
Unit 10-11 Innovation Place
Douglas Drive
Godalming
Surrey
GU7 1JX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03090597
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 771,932 771,932
771,932 771,932
CURRENT ASSETS
Debtors 5 14,713 15,213
Cash at bank and in hand 266 39
14,979 15,252
Creditors: Amounts Falling Due Within One Year 6 (500,596 ) (571,327 )
NET CURRENT ASSETS (LIABILITIES) (485,617 ) (556,075 )
TOTAL ASSETS LESS CURRENT LIABILITIES 286,315 215,857
Creditors: Amounts Falling Due After More Than One Year 7 - (7,566 )
NET ASSETS 286,315 208,291
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 286,215 208,191
SHAREHOLDERS' FUNDS 286,315 208,291
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Gurbax Kaur
Director
25/03/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Saga Fashions Limited is a private company, limited by shares, registered in England and Wales, registration number 03090597.The registered office is Buttercrock Wharf Vicarage Lanc, Hoo St. Werburgh,, Rochester, Kent, ME3 9LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold None
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost or Valuation
As at 1 September 2024 771,932 62,511 23,500 7,699 865,642
As at 31 August 2025 771,932 62,511 23,500 7,699 865,642
Depreciation
As at 1 September 2024 - 62,511 23,500 7,699 93,710
As at 31 August 2025 - 62,511 23,500 7,699 93,710
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2025 771,932 - - - 771,932
As at 1 September 2024 771,932 - - - 771,932
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 14,713 15,213
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 7,904 10,648
Other creditors 467,112 558,129
Taxation and social security 25,580 2,550
500,596 571,327
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 7,566
Bounce Back Loan Scheme (BBLS):
The Bounce Back Loan of £50,000 have been received from Government assistance loans related to COVID-19. The government guarantees 100% of the loan and there will not be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year. The length of the loan is 6 years, but you can repay carly without paying a fee.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Prestige Nursery Mattresses Ltd (CRN 06872930) by virtue of their ownership of 100% ofthe issued share capital in the company as of 31 August 2022.
Registered Office Address is Buttercrock Wharf Vicarage Lane, Hoo, Rochester, Kent, ME3 9LQ
Page 4