1 April 2022 false No description of principal activity Taxfiler 2023.10.2 12930546business:PrivateLimitedCompanyLtd2022-04-012023-03-31 129305462022-03-31 129305462022-04-012023-03-31 12930546business:AuditExemptWithAccountantsReport2022-04-012023-03-31 12930546business:FilletedAccounts2022-04-012023-03-31 129305462023-03-31 12930546business:Director12022-04-012023-03-31 12930546business:Director22022-04-012023-03-31 12930546business:RegisteredOffice2022-04-012023-03-31 129305462022-03-31 12930546core:WithinOneYear2023-03-31 12930546core:WithinOneYear2022-03-31 12930546core:AfterOneYear2023-03-31 12930546core:AfterOneYear2022-03-31 12930546core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12930546core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 12930546core:PreviouslyStatedAmount2023-03-31 12930546core:PreviouslyStatedAmount2022-03-31 12930546business:SmallEntities2022-04-012023-03-31 12930546countries:EnglandWales2022-04-012023-03-31 12930546core:ComputerEquipment2022-04-012023-03-31 12930546core:ComputerEquipment2022-03-31 12930546core:ComputerEquipment2023-03-31 12930546core:AdditionsToInvestments2023-03-31 129305462021-11-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12930546 (England and Wales)
SECANDI ASSOCIATES LTD Unaudited accounts for the year ended 31 March 2023
SECANDI ASSOCIATES LTD Unaudited accounts Contents
Page
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SECANDI ASSOCIATES LTD Company Information for the year ended 31 March 2023
Directors
Lawrence Eke Joseph Phiri
Company Number
12930546 (England and Wales)
Registered Office
87 CHURCH ROAD HOVE BN3 2BB ENGLAND
Accountants
Josh Commercial Services Ltd Chartered Accountants Somers Road Reigate GB RH2 9DX
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SECANDI ASSOCIATES LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
144 
236 
Investments
98,125 
23,125 
98,269 
23,361 
Current assets
Debtors
24,447 
19,965 
Cash at bank and in hand
2,612 
15,408 
27,059 
35,373 
Creditors: amounts falling due within one year
(97,243)
(33,809)
Net current (liabilities)/assets
(70,184)
1,564 
Total assets less current liabilities
28,085 
24,925 
Creditors: amounts falling due after more than one year
(30,000)
(30,000)
Net liabilities
(1,915)
(5,075)
Capital and reserves
Profit and loss account
(1,915)
(5,075)
Shareholders' funds
(1,915)
(5,075)
For the year ending 31 March 2023 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 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 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 of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
Lawrence Eke Director Company Registration No. 12930546
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SECANDI ASSOCIATES LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
SECANDI ASSOCIATES LTD is a private company, limited by shares, registered in England and Wales, registration number 12930546. The registered office is 87 CHURCH ROAD, HOVE, BN3 2BB, ENGLAND.
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:
Computer equipment
4 Years Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
328 
At 31 March 2023
328 
Depreciation
At 1 April 2022
92 
Charge for the year
92 
At 31 March 2023
184 
Net book value
At 31 March 2023
144 
At 31 March 2022
236 
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
23,125 
Additions
75,000 
Valuation at 31 March 2023
98,125 
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SECANDI ASSOCIATES LTD Notes to the Accounts for the year ended 31 March 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,447 
19,338 
Accrued income and prepayments
- 
613 
Other debtors
- 
14 
24,447 
19,965 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,131 
1,187 
Trade creditors
2,972 
5,204 
Taxes and social security
6,372 
7,049 
Other creditors
86,768 
20,369 
97,243 
33,809 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
30,000 
30,000 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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