Accounts Submission


SAVU MMA LTD

Company Registration Number:
10876592 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

SAVU MMA LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SAVU MMA LTD

Company Information

for the Period Ended 31 July 2023




Director: MIHAIL SAVU
Registered office: 31
Pentland Road
Bushey
GBR
WD23 4QP
Company Registration Number: 10876592 (England and Wales)

SAVU MMA LTD

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The principal activity during the period was installation of electrical equipment in the construction industry.

Directors

The director(s) shown below were appointed to the company during the period
MIHAIL SAVU
01 August 2022

This report was approved by the board of directors on 18 January 2024
And Signed On Behalf Of The Board By:

Name: MIHAIL SAVU
Status: Director

SAVU MMA LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 26,591 27,990
Total fixed assets: 26,591 27,990
Current assets
Debtors: 5 10,492 12,828
Cash at bank and in hand: 47,174 49,342
Total current assets: 57,666 62,170
Creditors: amounts falling due within one year: 6 ( 300 ) ( 300 )
Net current assets (liabilities): 57,366 61,870
Total assets less current liabilities: 83,957 89,860
Creditors: amounts falling due after more than one year: 7 ( 83,954 ) ( 89,776 )
Total net assets (liabilities): 3 84

The notes form part of these financial statements

SAVU MMA LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 0 81
Shareholders funds: 3 84

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 January 2024
And Signed On Behalf Of The Board By:

Name: MIHAIL SAVU
Status: Director

The notes form part of these financial statements

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and
    Value Added Tax.
    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on
    despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the
    entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated at a rate of 5% per annum on reducing balance basis.

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 1

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Office equipment Motor vehicles Total
Cost £ £ £
At 01 August 2022 1,665 26,325 27,990
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2023 1,665 26,325 27,990
Depreciation
At 01 August 2022 - - -
Charge for year 83 1,316 1,399
On disposals - - -
Other adjustments - - -
At 31 July 2023 83 1,316 1,399
Net book value
At 31 July 2023 1,582 25,009 26,591
At 31 July 2022 1,665 26,325 27,990

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 4,978 6,634
Other debtors 5,514 6,194
Total 10,492 12,828

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 6 19
Other creditors 294 281
Total 300 300

SAVU MMA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 83,954 89,776
Total 83,954 89,776