SALVAY GROUP LTD


Director	BRANIFF, Christopher James


Registered Address	31 Brook Lane
	Warsash
	Southampton
	SO31 9FF


Registered Number	13140043 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,432		2,148
Investments	4		2		2
			1,434		2,150
Current assets
Debtors	5	16,791		11,857
Cash at bank and on hand		2,210		16,362
		19,001		28,219
Creditors amounts falling due within one year	6	(8,177)		(29,261)
Net current assets (liabilities)			10,824		(1,042)
Total assets less current liabilities			12,258		1,108
Provisions for liabilities			(272)		(537)
Net assets			11,986		571
Capital and reserves
Called up share capital			2		2
Profit and loss account			11,984		569
Shareholders' funds			11,986		571

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 25 August 2026, and are signed on its behalf by:

BRANIFF, Christopher James
Director
Registered Company No. 13140043

SALVAY GROUP LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102'), including the reduced disclosure requirements of Section 1A of FRS 102. The disclosure requirements of Section 1A have been applied other than where additional disclosure is required to give a true and fair view.

Statement of compliance

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102'), including the reduced disclosure requirements of Section 1A of FRS 102. The disclosure requirements of Section 1A have been applied other than where additional disclosure is required to give a true and fair view.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

	Functional and presentation currency
	The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

	Going concern
	At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	Turnover represents amounts receivable for consultancy services provided by the company during the year, and is recognised in the period in which the services are provided.

	Current taxation
	Current tax is recognised in profit or loss. Current tax represents the amount of tax payable or receivable in respect of the taxable profit or loss for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid or recovered using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss. Current tax represents the amount of tax payable or receivable in respect of the taxable profit or loss for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid or recovered using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially recorded at cost. Tangible fixed assets are stated in the balance sheet at cost less accumulated depreciation and any accumulated impairment losses. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are initially recorded at cost. Tangible fixed assets are stated in the balance sheet at cost less accumulated depreciation and any accumulated impairment losses. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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


		Reducing balance (%)
	Office Equipment	33

	Impairment of non-financial assets policy
	Assets which are not carried at fair value are reviewed for evidence of impairment at each reporting date. Where the asset is showing indicators of impairment, the recoverable amount of the asset is estimated and then compared to the carrying value in the financial statements. Where the carrying amount is in excess of recoverable amount, an impairment loss is recognised in profit or loss.

	Investments
	Investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. Entities in which the company has a long-term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Investments

Investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long-term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 25	3,622
	At 31 January 26	3,622
	Depreciation and impairment
	At 01 February 25	1,474
	Charge for year	716
	At 31 January 26	2,190
	Net book value
	At 31 January 26	1,432
	At 31 January 25	2,148

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 February 25	2
	At 31 January 26	2
	Net book value
	At 31 January 26	2
	At 31 January 25	2

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	16,791	11,727
Prepayments and accrued income	-	130
Total	16,791	11,857

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	6,710	28,065
Other creditors	-	96
Accrued liabilities and deferred income	1,467	1,100
Total	8,177	29,261

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
BRANIFF, Christopher James	11,727	28,644	30,944	9,427
	11,727	28,644	30,944	9,427


	During the year the company maintained a loan account with the director. At the balance sheet date, an amount of £9,427 (2025: £11,727) was owed by the director to the company. Interest has been charged on the loan at 3.75% and is repayable on demand.

8.	Parent-subsidiary relationships
	Salvay Group Ltd is the parent company of Salvay Property Management Ltd. The company has taken advantage of the exemption available under FRS 102 paragraph 33.1A whereby it has not disclosed transactions with other group companies.