SAA Consultants Limited 31/12/2025 iXBRL

Company registration number: 2221664

SAA Consultants Limited

Filleted financial statements

31 December 2025

SAA Consultants Limited

Contents

Directors and other information

Director's responsibilities statement

Statement of financial position

Notes to the financial statements

SAA Consultants Limited

Directors and other information


	Director	Mr Alex Lochhead


	Company number	2221664


	Registered office	4a Derriford Business Park
		Plymouth
		Devon
		PL6 5QZ


	Business address	4a Derriford Business Park
		Plymouth
		Devon
		PL6 5QZ


	Auditor	Franklins Accountants Ltd
		Astor House
		Mutley Plain
		Plymouth
		Devon
		PL4 7JR

SAA Consultants Limited

Director's responsibilities statement

Year ended 31 December 2025

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SAA Consultants Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	-		454
		_______		_______
			-		454

Current assets
Debtors	6	288,864		312,565
Investments	7	3,543,619		4,943,081
Cash at bank and in hand		1,034,216		1,009,288
		_______		_______
		4,866,699		6,264,934
Creditors: amounts falling due
within one year	8	( 2,775,829)		( 2,807,417)
		_______		_______
Net current assets			2,090,870		3,457,517
			_______		_______
Total assets less current liabilities			2,090,870		3,457,971

			_______		_______
Net assets			2,090,870		3,457,971
			_______		_______

Capital and reserves
Called up share capital			95		95
Capital redemption reserve			5		5
Profit and loss account			2,090,770		3,457,871
			_______		_______
Shareholder funds			2,090,870		3,457,971
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 July 2026 , and are signed on behalf of the board by:

Mr Alex Lochhead

Director

Company registration number: 2221664

SAA Consultants Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is SAA Consultants Limited, 4a Derriford Business Park, Plymouth, Devon, PL6 5QZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

These financial statements are prepared on a going concern basis, under the historical cost convention, as modified by the revaluation of land and buildings and certain financial assets and liabilities measured at fair value through profit or loss.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for software supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of software is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on issue of a licence; the amount of revenue can be measured reliably.Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

Revenue Recognition

Software sales are recognised upon acceptance of the software agreement by the customer or expiry of the previous warranty. Income arising from ongoing software maintenance is recognised on the accruals basis. This matches the revenue appropriately to the period when the services are provided to the customer. Consultancy income is recognised when consultancy time is spent on a customer.

Taxation

The enhanced research and development expenditure for the year is utilised to create a repayable tax credit.The taxation figure represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Items included are computer equipment, office furniture and cars.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	straight line over 3 years
Fittings fixtures and equipment	-	straight line over 2 years
Motor vehicles	-	1st year 50% then 25% next 2 years allowing for a residual estimated value
	-	after 3 years depreciation is charged at 12.5% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

The company operates a defined contribution pension scheme which is externally funded and covers the majority of employees. Contributions to this scheme are recognised as an expense in the period in which the related service is provided.

Cash and cash equivalents

Cash and cash equivalents compose cash at bank and in hand, demand deposits with banks and other short term highly liquid investments with original maturities of three months or less.

Software development costs

All software development costs are qualifying research and development. These costs are not capitalised. All software development costs are written off to the profit and loss account in the year in which it is incurred.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 21 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	15,988	15,988
	_______	_______
Depreciation
At 1 January 2025	15,534	15,534
Charge for the year	454	454
	_______	_______
At 31 December 2025	15,988	15,988
	_______	_______
Carrying amount
At 31 December 2025	-	-
	_______	_______
At 31 December 2024	454	454
	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	288,864	312,565
	_______	_______

7. Investments

	2025	2024
	£	£
95 Day Cash Deposit Accounts	3,543,619	4,943,081
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	34,104	18,802
Social security and other taxes	35,722	40,968
Other creditors	2,706,003	2,747,647
	_______	_______
	2,775,829	2,807,417
	_______	_______

9. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	19,300	33,225
	_______	_______

10. Summary audit opinion

The auditor's report dated 22 July 2026 was unqualified.

The senior statutory auditor was Mr Peter Franklin for and on behalf of Franklins Accountants Ltd

11. Related party transactions

During the year Mr A Lochhead (sole director and shareholder) received dividends of £70,000.Mr A Lochhead also recieved £111,364 (2024 £136,172) gross interest as compensation for the loan made to the company throughout the year.As at the year end Mr A Lochhead loaned to the company £2,622,134 (2024 : £2,671,495) which is included in 'Other Creditors'. This loan is to be repaid on demand.

12. Controlling party

The company is controlled by Mr A Lochhead (sole director and shareholder).