Saviour Projects Limited

Saviour Projects Limited

SAVIOUR PROJECTS LIMITED - Company Information

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1 September 2021 false No description of principal activity Taxfiler 2023.5 05205866business:PrivateLimitedCompanyLtd2021-09-012022-08-31 052058662021-08-31 052058662021-09-012022-08-31 05205866business:AuditExemptWithAccountantsReport2021-09-012022-08-31 05205866business:FullAccounts2021-09-012022-08-31 052058662022-08-31 052058662021-08-31 05205866core:WithinOneYear2022-08-31 05205866core:WithinOneYear2021-08-31 05205866core:AfterOneYear2022-08-31 05205866core:AfterOneYear2021-08-31 05205866core:ShareCapital2022-08-31 05205866core:ShareCapital2021-08-31 05205866core:RetainedEarningsAccumulatedLosses2022-08-31 05205866core:RetainedEarningsAccumulatedLosses2021-08-31 05205866business:SmallEntities2021-09-012022-08-31 05205866business:Director12021-09-012022-08-31 05205866countries:EnglandWales2021-09-012022-08-31 05205866business:RegisteredOffice2021-09-012022-08-31 05205866core:FurnitureFittings2021-09-012022-08-31 05205866core:IntangibleAssetsOtherThanGoodwill2021-08-31 05205866core:IntangibleAssetsOtherThanGoodwill2022-08-31 05205866core:FurnitureFittings2021-08-31 05205866core:FurnitureFittings2022-08-31 052058662020-09-012021-08-31 iso4217:GBP xbrli:pure
Company Registration No. 05205866 (England and Wales)
Saviour Projects Limited Unaudited accounts for the year ended 31 August 2022
Saviour Projects Limited Statement of financial position as at 31 August 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
201 
201 
Tangible assets
5
458 
888 
659 
1,089 
Current assets
Inventories
3,730 
2,019 
Debtors
6
803 
- 
Cash at bank and in hand
5,900 
25,638 
10,433 
27,657 
Creditors: amounts falling due within one year
7
(50,957)
(57,199)
Net current liabilities
(40,524)
(29,542)
Total assets less current liabilities
(39,865)
(28,453)
Creditors: amounts falling due after more than one year
8
- 
(37,427)
Net liabilities
(39,865)
(65,880)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(39,965)
(65,980)
Shareholders' funds
(39,865)
(65,880)
For the year ending 31 August 2022 the company was entitled to exemption from audit 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 his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 May 2023 and were signed on its behalf by
I P Maloney Director Company Registration No. 05205866
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Saviour Projects Limited Notes to the Accounts for the year ended 31 August 2022
1
Statutory information
Saviour Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 05205866. The registered office is 37 Benjamin Gray Drive, Littlehampton, West Sussex, BN17 7FA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2021
201 
At 31 August 2022
201 
Amortisation
At 1 September 2021
- 
At 31 August 2022
- 
Net book value
At 31 August 2022
201 
At 31 August 2021
201 
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Saviour Projects Limited Notes to the Accounts for the year ended 31 August 2022
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2021
2,155 
At 31 August 2022
2,155 
Depreciation
At 1 September 2021
1,267 
Charge for the year
430 
At 31 August 2022
1,697 
Net book value
At 31 August 2022
458 
At 31 August 2021
888 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
803 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
4,036 
2,339 
VAT
- 
1,319 
Trade creditors
22,099 
13,317 
Amounts owed to group undertakings and other participating interests
24,022 
38,149 
Accruals
800 
2,075 
50,957 
57,199 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
37,427 
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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