Savantini Holdings Limited,Ltd - AccountsLtd - Accounts
Savantini Holdings Limited,Ltd - AccountsLtd - Accounts
| Registered Number:09768274 |
For the year ended 30 September 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2021
Savantini Holdings Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
| Registered Number : |
| As at |
Savantini Holdings Limited
Statement of Financial Position
| £ |
| £ |
2020
2021
| Notes |
| Current assets |
| Trade and other receivables |
2
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(365 )
(480 )
3
534
Net current assets
| Total assets less current liabilities |
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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4
For the year ended 30 September 2021
Savantini Holdings Limited
Notes to the Financial Statements
Statutory Information
| Savantini Holdings Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09768274. |
| Registered address: |
Savantini House
Foster Street
Hull
East Yorkshire
HU8 8BT
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
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 |
| year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are |
| recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also |
| recognised in other comprehensive income or directly in equity respectively. |
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For the year ended 30 September 2021
Savantini Holdings Limited
Notes to the Financial Statements Continued
| 2. Trade and other receivables |
2020
2021
| £ |
| £ |
| Other debtors |
| 3. Trade and other payables: amounts falling due within one year |
2020
2021
| £ |
| £ |
| Taxation and social security |
| Other creditors |
| 4. Average number of persons employed |
During the year the average number of employees was 0
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