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REGISTERED NUMBER: 10639418 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

SECAPLUS LIMITED

SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SECAPLUS LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Ms C E Agunbiade





REGISTERED OFFICE: 240 Great Gregorie
Lee Chapel South
Basildon
Essex
SS16 5QQ





REGISTERED NUMBER: 10639418 (England and Wales)





ACCOUNTANTS: Samuelsons & Co
Chartered Certified Accountants
The Brentano Suite
Solar House
915 High Road
North Finchley
London
N12 8QJ

SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,314 29,964

CURRENT ASSETS
Debtors 5 52,401 19,686
Cash at bank and in hand 27,179 73,545
79,580 93,231
CREDITORS
Amounts falling due within one year 6 73,406 75,881
NET CURRENT ASSETS 6,174 17,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,488

47,314

CREDITORS
Amounts falling due after more than one
year

7

22,413

32,500
NET ASSETS 6,075 14,814

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 5,975 14,714
SHAREHOLDERS' FUNDS 6,075 14,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(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 Sections 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.

SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2023 and were signed by:





Ms C E Agunbiade - Director


SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 15 ) .

SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 6,011 28,799 16,048 50,858
DEPRECIATION
At 1 March 2022 2,716 8,109 10,069 20,894
Charge for year 824 3,836 2,990 7,650
At 28 February 2023 3,540 11,945 13,059 28,544
NET BOOK VALUE
At 28 February 2023 2,471 16,854 2,989 22,314
At 28 February 2022 3,295 20,690 5,979 29,964

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 38,751 19,686
Other debtors 5,000 -
Staff loan 8,650 -
52,401 19,686

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts (see note 8) 52,179 52,179
Tax 168 2,195
Other creditors - 4,000
PAYE Control Account 5,428 9,850
Pension control account 631 3,254
Directors' current accounts 12,000 2,003
Accrued expenses 3,000 2,400
73,406 75,881

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans (see note 8) 22,413 32,500

SECAPLUS LIMITED (REGISTERED NUMBER: 10639418)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


8. LOANS

An analysis of the maturity of loans is given below:

28.2.23 28.2.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Other Loans 42,179 42,179
52,179 52,179

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 12,413 22,500

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 March 2022 14,714
Deficit for the year (8,739 )
At 28 February 2023 5,975