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REGISTERED NUMBER: 08257696 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

SEC BUILDING SERVICES (UK) LIMITED

SEC BUILDING SERVICES (UK) LIMITED (REGISTERED NUMBER: 08257696)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SEC BUILDING SERVICES (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 31st October 2023







DIRECTORS: Mr B Crook
Mr G Egerton
Mr J Singh





REGISTERED OFFICE: KJG
100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 08257696 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

SEC BUILDING SERVICES (UK) LIMITED (REGISTERED NUMBER: 08257696)

BALANCE SHEET
31st October 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 1,026,561 743,308
Cash at bank 21,276 2,389
1,047,837 745,697
CREDITORS
Amounts falling due within one year 5 (834,990 ) (546,832 )
NET CURRENT ASSETS 212,847 198,865
TOTAL ASSETS LESS CURRENT
LIABILITIES

212,847

198,865

CREDITORS
Amounts falling due after more than one year 6 (109,735 ) (167,241 )
NET ASSETS 103,112 31,624

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 103,111 31,623
SHAREHOLDERS' FUNDS 103,112 31,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th July 2024 and were signed on its behalf by:





Mr B Crook - Director


SEC BUILDING SERVICES (UK) LIMITED (REGISTERED NUMBER: 08257696)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2023


1. STATUTORY INFORMATION

SEC Building Services (UK) Limited is a private company, limited by shares, registered in England and Wales registered number 08257696. The registered office is KJG, 100 Barbirolli Square, Manchester, United Kingdom, M2 3BD and the principal place of business is Cinnamon House, Cinnamon Park, Crab Lane, Fearnhead, Warrington, Cheshire WA2 0XP.

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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies above, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period,
or in the period of the revision and future periods if the revision affects both current and future period.

Provisions
The company accounts for provisions in accordance with FRS 102. There are currently no types of provision.

Turnover
Turnover represents amounts recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Turnover principally consists of fees for the provision of subcontractor services in the development of building projects, which are recognised at the point of which the services are provided, where net takings are recognised as earned.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents are represented by cash at bank and in hand. Bank borrowings are included in creditors.

SEC BUILDING SERVICES (UK) LIMITED (REGISTERED NUMBER: 08257696)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 474,450 358,249
Amounts owed by group undertakings 546,117 384,743
Other debtors 5,994 316
1,026,561 743,308

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 64,671 68,701
Trade creditors 43,957 29,557
Amounts owed to group undertakings 504,155 322,655
Taxation and social security 102,148 23,114
Other creditors 120,059 102,805
834,990 546,832

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 109,735 167,241

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company's parent undertaking is SEC Partners Limited.