SAKS MCS UK LTD

(Registration number: 09119889)
Balance Sheet as at 31 July 2025

	Note	31.07.25		31.07.24
		£	£	£	£
CURRENT ASSETS
Debtors	5		484		1,550
Cash at bank and in hand			1,952		846
			2,436		2,396
CREDITORS
Creditors within 1yr	6		108,603		105,873
Net liabilities			(106,167)		(103,477)
CAPITAL AND RESERVES
Called up share capital			1		1
Profit and loss account			(106,168)		(103,478)
Shareholders' deficit			(106,167)		(103,477)

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 May 2026

......................................... Mr S Lone Director

SAKS MCS UK LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1.	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Savoy House
Savoy Circus
London
W3 7DA
England

These financial statements were authorised for issue by the Board on 6 May 2026.

2.	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Going concern

The accounts have been prepared on a going concern basis on the understanding that the director will continue to support the company.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

SAKS MCS UK LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2	Accounting policies (continued)

Tax

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% straight line basis

3.	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

SAKS MCS UK LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

4.	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 August 2024	13,114	13,114
At 31 July 2025	13,114	13,114
Depreciation
At 1 August 2024	13,114	13,114
At 31 July 2025	13,114	13,114
Carrying amount
At 31 July 2025	-	-

5.

Debtors

	31.07.25 £	31.07.24 £
Other debtors	484	1,550
	484	1,550

6.

Creditors

Creditors: amounts falling due within one year

	31.07.25 £	31.07.24 £
Due within one year
Trade creditors	2,880	2,880
Accruals and deferred income	2,504	2,504
Other creditors	103,219	100,489
	108,603	105,873