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REGISTERED NUMBER: 08870215 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

SXD Environmental Services Ltd

SXD Environmental Services Ltd (Registered number: 08870215)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SXD Environmental Services Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: S C Baker
M E M Hepburn





REGISTERED OFFICE: The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT





REGISTERED NUMBER: 08870215 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

SXD Environmental Services Ltd (Registered number: 08870215)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,285 48,283

CURRENT ASSETS
Stocks 15,068 14,991
Debtors 5 537,726 490,310
Cash at bank 55,751 74,836
608,545 580,137
CREDITORS
Amounts falling due within one year 6 214,498 382,444
NET CURRENT ASSETS 394,047 197,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

422,332

245,976

CREDITORS
Amounts falling due after more than one
year

7

250,000

-
NET ASSETS 172,332 245,976

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 170,332 243,976
SHAREHOLDERS' FUNDS 172,332 245,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

SXD Environmental Services Ltd (Registered number: 08870215)

Balance Sheet - continued
31 January 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





M E M Hepburn - Director


SXD Environmental Services Ltd (Registered number: 08870215)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

SXD Environmental Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company is not part of a group.

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.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:

Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 3 years straight line

Stocks
Stock is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

SXD Environmental Services Ltd (Registered number: 08870215)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 70,784
Additions 1,756
At 31 January 2024 72,540
DEPRECIATION
At 1 February 2023 22,501
Charge for year 21,754
At 31 January 2024 44,255
NET BOOK VALUE
At 31 January 2024 28,285
At 31 January 2023 48,283

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 391,176 417,337
Amounts owed by related parties 200 200
Other debtors 146,350 72,773
537,726 490,310

SXD Environmental Services Ltd (Registered number: 08870215)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 111,001 207,424
Amounts owed to related parties 37,816 106,693
Taxation and social security 17,869 35,990
Other creditors 47,812 32,337
214,498 382,444

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to related parties 250,000 -