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REGISTERED NUMBER: 04683303 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SELF SERVICE LTD

SELF SERVICE LTD (REGISTERED NUMBER: 04683303)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SELF SERVICE LTD

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTOR: O Ejiofor





SECRETARY: Ms S Verstraten





REGISTERED OFFICE: 25 Harcourt Street
London
London
W1H 4HN





REGISTERED NUMBER: 04683303 (England and Wales)





ACCOUNTANTS: Annjer Consultancy Services Ltd
31 New Street Hill
Bromley
Kent
BR1 5AX

SELF SERVICE LTD (REGISTERED NUMBER: 04683303)

STATEMENT OF FINANCIAL POSITION
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,663 8,817

CURRENT ASSETS
Stocks 164,049 105,350
Debtors 5 996,866 899,957
Investments 6 794,749 794,749
Cash at bank and in hand 773,070 645,448
2,728,734 2,445,504
CREDITORS
Amounts falling due within one year 7 346,502 281,959
NET CURRENT ASSETS 2,382,232 2,163,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,393,895

2,172,362

CREDITORS
Amounts falling due after more than one
year

8

839,932

722,222
NET ASSETS 1,553,963 1,450,140

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,553,961 1,450,138
SHAREHOLDERS' FUNDS 1,553,963 1,450,140

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 his 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.

SELF SERVICE LTD (REGISTERED NUMBER: 04683303)

STATEMENT OF FINANCIAL POSITION - 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 21 November 2023 and were signed by:





O Ejiofor - Director


SELF SERVICE LTD (REGISTERED NUMBER: 04683303)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Self Service Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 15% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

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 10 (2022 - 15 ) .

SELF SERVICE LTD (REGISTERED NUMBER: 04683303)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 28,770 46,245 75,015
Additions 3,600 4,080 7,680
At 28 February 2023 32,370 50,325 82,695
DEPRECIATION
At 1 March 2022 26,176 40,022 66,198
Charge for year 2,577 2,257 4,834
At 28 February 2023 28,753 42,279 71,032
NET BOOK VALUE
At 28 February 2023 3,617 8,046 11,663
At 28 February 2022 2,594 6,223 8,817

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 284,374 246,376
Amounts owed by group undertakings 663,046 621,538
Other debtors 49,446 32,043
996,866 899,957

6. CURRENT ASSET INVESTMENTS
28.2.23 28.2.22
£    £   
Unlisted investments 794,749 794,749

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 300,698 258,155
Taxation and social security 37,515 16,193
Other creditors 8,289 7,611
346,502 281,959

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 407,230 247,108
Other creditors 432,702 475,114
839,932 722,222

SELF SERVICE LTD (REGISTERED NUMBER: 04683303)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
28.2.23 28.2.22
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 370,664 199,291
Loan creditor 432,702 475,114
803,366 674,405

Repayable by instalments
Bank loans more 5 yr by instal 36,566 47,817

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Bank loans 407,230 247,108

1.Long term bank loan is secured by first charge over the company's freehold property and bear interest at variable rates.

2. Under the bank loan, £50,000 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10. ULTIMATE CONTROLLING PARTY

The controlling party is O Ejiofor.