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Company Registration number: 06532372

Surefil Investments Limited

Filleted Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Surefil Investments Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

Surefil Investments Limited

Company Information

Directors

Mr P B Critchley

Mrs C J Critchley

Registered office

The Bedford Centre
Bedford Street
Parr Industrial Estate
St Helens
Merseyside
WA9 1PN

Accountants

BK Plus Limited
Chartered Certified accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Surefil Investments Limited
for the Year Ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Surefil Investments Limited for the year ended 29 February 2024 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Surefil Investments Limited, as a body, in accordance with the terms of our engagement letter dated 10 March 2020. Our work has been undertaken solely to prepare for your approval the accounts of Surefil Investments Limited and state those matters that we have agreed to state to the Board of Directors of Surefil Investments Limited, as a body, in this report in accordance with
the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Surefil Investments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Surefil Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Surefil Investments Limited. You consider that Surefil Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Surefil Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

BK Plus Limited
Chartered Certified accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

28 November 2024

 

Surefil Investments Limited

(Registration number: 06532372)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

2,173,521

2,173,521

Current assets

 

Debtors

5

100

100

Cash at bank and in hand

 

71

148

 

171

248

Creditors: Amounts falling due within one year

6

(350)

(350)

Net current liabilities

 

(179)

(102)

Total assets less current liabilities

 

2,173,342

2,173,419

Creditors: Amounts falling due after more than one year

6

(946,019)

(1,071,019)

Net assets

 

1,227,323

1,102,400

Capital and reserves

 

Called up share capital

2

2

Retained earnings

1,227,321

1,102,398

Shareholders' funds

 

1,227,323

1,102,400

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 November 2024 and signed on its behalf by:
 

.........................................
Mrs C J Critchley
Director

   
     
 

Surefil Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

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

The address of its registered office is:
The Bedford Centre
Bedford Street
Parr Industrial Estate
St Helens
Merseyside
WA9 1PN

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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. The financial statements are prepared in sterling, which is the functional currency of the entity.

The financial statements are presented in sterling which is the functional currency of the entity.

Group accounts not prepared

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Going concern

The financial statements have been prepared on a going concern basis.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Surefil Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Investments

2024
£

2023
£

Investments in associates

2,173,521

2,173,521

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Subsidiary undertakings

Surefil Beauty Products Limited

The Bedford Centre, Bedford Street, Parr Industrial Estate, St Helens, Merseyside, WA9 1PN

England and Wales

Ordinary

75%

75%

Subsidiary undertakings

Surefil Beauty Products Limited

The principal activity of Surefil Beauty Products Limited is services to the cosmetic trade.

5

Debtors

Note

2024
£

2023
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

100

100

 

100

100

 

Surefil Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

350

350

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Amounts owed to group undertakings in which the company has a participating interest

946,019

1,071,019

7

Parent and ultimate parent undertaking

The company's immediate parent is SBP Investments Limited, incorporated in England and Wales.