75 Service Limited 09132238 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the provision of health and safety training. Digita Accounts Production Advanced 6.30.9574.0 true 09132238 2023-04-01 2024-03-31 09132238 2024-03-31 09132238 core:CurrentFinancialInstruments 2024-03-31 09132238 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09132238 core:OfficeEquipment 2024-03-31 09132238 bus:SmallEntities 2023-04-01 2024-03-31 09132238 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09132238 bus:FullAccounts 2023-04-01 2024-03-31 09132238 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09132238 bus:RegisteredOffice 2023-04-01 2024-03-31 09132238 bus:Director1 2023-04-01 2024-03-31 09132238 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09132238 core:ComputerEquipment 2023-04-01 2024-03-31 09132238 countries:England 2023-04-01 2024-03-31 09132238 2023-03-31 09132238 core:OfficeEquipment 2023-03-31 09132238 2022-04-01 2023-03-31 09132238 2023-03-31 09132238 core:CurrentFinancialInstruments 2023-03-31 09132238 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09132238 core:OfficeEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09132238

75 Service Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

75 Service Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

75 Service Limited

(Registration number: 09132238)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1

1

Current assets

 

Debtors

5

4,764

3,356

Cash at bank and in hand

 

32,014

22,789

 

36,778

26,145

Creditors: Amounts falling due within one year

6

(35,097)

(25,732)

Net current assets

 

1,681

413

Net assets

 

1,682

414

Capital and reserves

 

Called up share capital

100

100

Retained earnings

1,582

314

Shareholders' funds

 

1,682

414

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 15 August 2024
 

.........................................
Mr P Jackson
Director

   
     
 

75 Service Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
One Express
1 George Leigh Street
Manchester
M4 5DL

These financial statements were authorised for issue by the director on 15 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

75 Service Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

33.3% on cost

Cash and cash equivalents

Cash 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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

75 Service Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

815

815

At 31 March 2024

815

815

Depreciation

At 1 April 2023

814

814

At 31 March 2024

814

814

Carrying amount

At 31 March 2024

1

1

At 31 March 2023

1

1

5

Debtors

2024
£

2023
£

Trade debtors

4,400

3,250

Other debtors

364

106

4,764

3,356

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

300

300

Taxation and social security

13,131

4,518

Accruals and deferred income

2,160

2,070

Other creditors

19,506

18,844

35,097

25,732