SECRET NUMBERS LIMITED

Company Registration Number:
04840626 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

SECRET NUMBERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Additional notes
Balance sheet notes

SECRET NUMBERS LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 436,103 437,098
Total fixed assets: 436,103 437,098
Current assets
Debtors: 4 260,156 192,457
Cash at bank and in hand: 359 19,966
Total current assets: 260,515 212,423
Creditors: amounts falling due within one year: 5 ( 205,879 ) ( 191,176 )
Net current assets (liabilities): 54,636 21,247
Total assets less current liabilities: 490,739 458,345
Creditors: amounts falling due after more than one year: 6 ( 136,555 ) ( 154,375 )
Total net assets (liabilities): 354,184 303,970
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 354,183 303,969
Total Shareholders' funds: 354,184 303,970

The notes form part of these financial statements

SECRET NUMBERS LIMITED

Balance sheet statements

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: M ENGLISH
Status: Director

The notes form part of these financial statements

SECRET NUMBERS LIMITED

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 represents rents receivable from tenants in the ordinary course of business, and derives solely from the UK.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.DepreciationDepreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets, other than freehold land, over their expected useful lives. The annual rates and methods of depreciation are as follows:Plant and machinery 20% Reducing balanceImpairment of fixed assetsFixed assets are assessed at each reporting date to determine whether there is any indication that the assets are impaired. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared to its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised in the profit and loss account. The reversal of an impairment loss is recognised immediately in the profit and loss account.Investment propertyFreehold investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of investment properties.

    Intangible fixed assets amortisation policy

    Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its usefullife, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.Amortisation is charged so as to allocate the cost of intangible assets less their residual values over their estimated useful lives. The annual rates and method of depreciation are as follows:Goodwill - 10 years straight line

    Other accounting policies

    DebtorsShort term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment.Cash and cash equivalentsCash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.CreditorsShort term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 432,123 7,040 439,163
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 432,123 7,040 439,163
Depreciation
At 1 August 2022 2,065 2,065
Charge for year 995 995
On disposals
Other adjustments
At 31 July 2023 3,060 3,060
Net book value
At 31 July 2023 432,123 3,980 436,103
At 31 July 2022 432,123 4,975 437,098

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 77,450 52,250
Other debtors 182,706 140,207
Total 260,156 192,457

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 28,080 36,996
Trade creditors 2,880 0
Taxation and social security 24,222 11,783
Accruals and deferred income 1,800 1,500
Other creditors 148,897 140,897
Total 205,879 191,176

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 136,555 154,375
Total 136,555 154,375

SECRET NUMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Financial Commitments

Loan totaling £163,292 (2022 - £191,371) are secured by a fixed and floating charge over the assets of the company.