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REGISTERED NUMBER: 10532997 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

SEC (M&E) SERVICES LIMITED

SEC (M&E) SERVICES LIMITED (REGISTERED NUMBER: 10532997)

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 (M&E) SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31st October 2023







DIRECTORS: Mr J Singh
Mr G Egerton
Mr B Crook





REGISTERED OFFICE: Xeinadin Manchester
100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 10532997 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

SEC (M&E) SERVICES LIMITED (REGISTERED NUMBER: 10532997)

BALANCE SHEET
31st October 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 151,421 148,308
Cash at bank 1,925 150
153,346 148,458
CREDITORS
Amounts falling due within one year 5 (126,160 ) (110,219 )
NET CURRENT ASSETS 27,186 38,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,186

38,239

CREDITORS
Amounts falling due after more than one year 6 (23,486 ) (34,759 )
NET ASSETS 3,700 3,480

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 3,699 3,479
SHAREHOLDERS' FUNDS 3,700 3,480

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 (M&E) SERVICES LIMITED (REGISTERED NUMBER: 10532997)

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


1. STATUTORY INFORMATION

SEC (M&E) Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 10532997, the registered office is KJG, Barbirolli Square, Manchester, M2 3BD and the principal place of business is Cinnamon House, Cinnamon Park, Crab Lane, Feamhead, 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.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

SEC (M&E) SERVICES LIMITED (REGISTERED NUMBER: 10532997)

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


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 104,960 143,972
Other debtors 46,461 4,336
151,421 148,308

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,273 11,273
Trade creditors 21,502 21,072
Amounts owed to group undertakings 86,053 68,140
Taxation and social security 5,212 7,809
Other creditors 2,120 1,925
126,160 110,219

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 23,486 34,759

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.