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Registered number: SC675367
Saoire Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Neil Nisbet & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC675367
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,797 3,916
3,797 3,916
CURRENT ASSETS
Debtors 5 2,652 200,509
Cash at bank and in hand 83,589 1,455
86,241 201,964
Creditors: Amounts Falling Due Within One Year 6 (6,600 ) (62,257 )
NET CURRENT ASSETS (LIABILITIES) 79,641 139,707
TOTAL ASSETS LESS CURRENT LIABILITIES 83,438 143,623
NET ASSETS 83,438 143,623
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 83,437 143,622
SHAREHOLDERS' FUNDS 83,438 143,623
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For the year ending 31 October 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
A M Dunleavy
Director
31/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Saoire Limited is a private company, limited by shares, incorporated in Scotland, registered number SC675367 . The registered office is C/O Neil Nisbet & Co. Thain House, 226 Queensferry Road, Edinburgh, EH4 2BP.
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. 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:
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 6,217 883 7,100
Additions - 699 699
As at 31 October 2025 6,217 1,582 7,799
Depreciation
As at 1 November 2024 2,862 322 3,184
Provided during the period 503 315 818
As at 31 October 2025 3,365 637 4,002
Net Book Value
As at 31 October 2025 2,852 945 3,797
As at 1 November 2024 3,355 561 3,916
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,652 200,509
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Other creditors 6,599 57,993
Taxation and social security - 4,264
6,600 62,257
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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8. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 41,170 41,170
9. Related Party Transactions
At the year end the company was due an amount of £6,300 to the director, Ms Anne Marie Dunleavy. There are no specific terms for the repayment of this loan.
10. Ultimate Controlling Party
The company's ultimate controlling party is Ms A M Dunleavy .
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