REGISTERED NUMBER: 12795671 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Sax Purdie Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D S Purdie

REGISTERED OFFICE:

Underleigh Farm

Butterleigh

Cullompton

Devon

EX15 1PJ

REGISTERED NUMBER:

12795671 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

CURRENT ASSETS

Debtors

4

281,436

301,576

Cash at bank

1,107

19,399

282,543

320,975

CREDITORS

Amounts falling due within one year

5

288,218

311,019

NET CURRENT (LIABILITIES)/ASSETS

(5,675

)

9,956

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,675

)

9,956

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(5,775

)

9,856

(5,675

)

9,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2026 and were signed by:

D S Purdie - Director

1.	STATUTORY INFORMATION

Sax Purdie Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The director has confirmed that they have considered a period of not less than twelve months from the date of approval of the financial statements and believes there is sufficient support and financing to ensure that the company will be able to meet its liabilities as they fall due for payment.

If this assumption proves to be inappropriate, then adjustments may have to be made to adjust the assets to their recoverable amounts and to provide for any further liabilities which may arise.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

81,079

81,079

Directors' current accounts

194,066

220,219

Tax

5,635

-

VAT

656

278

281,436

301,576

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 6)

250,000

250,000

Trade creditors

3,900

-

Tax

31,569

57,519

Accrued expenses

2,749

3,500

288,218

311,019

6.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

250,000

250,000

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgage

250,000

250,000

A charge against the director's personal land and buildings has been provided as security against the advance from Folk Nominee Limited. The charges are dated 21 September 2020 and 22 February 2023.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

D S Purdie

Balance outstanding at start of year

220,219

240,234

Amounts repaid

(26,153

)

(20,015

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

194,066

220,219

9.	RELATED PARTY DISCLOSURES

Mr D S Purdie

Director and sole shareholder

At the balance sheet date, the director owed the company £194,066 (2024: £220,219) . S455 tax has been charged at a rate of 33.75% and interest charged at a rate of 2.25% from October 2024 to March 2025 and then from April 2025 at 3.75%

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, Mr D S Purdie, by virtue of his 100% shareholding.