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REGISTERED NUMBER: 14872096 (England and Wales)













FINANCIAL STATEMENTS

FOR THE PERIOD 16 MAY 2023 TO 30 JUNE 2024

FOR

SEKURO UK LTD

SEKURO UK LTD (REGISTERED NUMBER: 14872096)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 16 May 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SEKURO UK LTD

COMPANY INFORMATION
for the Period 16 May 2023 to 30 June 2024







DIRECTORS: N Allnutt
D J Fuller
K Khosla





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 14872096 (England and Wales)





AUDITORS: Oury Clark Chartered Accountants
Statutory Auditors
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

SEKURO UK LTD (REGISTERED NUMBER: 14872096)

BALANCE SHEET
30 June 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,443

CURRENT ASSETS
Debtors 5 15,791
Cash at bank 41,228
57,019
CREDITORS
Amounts falling due within one year 6 323,305
NET CURRENT LIABILITIES (266,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(264,843

)

CAPITAL AND RESERVES
Called up share capital 7 1,000
Retained earnings (265,843 )
SHAREHOLDERS' FUNDS (264,843 )

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 12 February 2025 and were signed on its behalf by:





D J Fuller - Director


SEKURO UK LTD (REGISTERED NUMBER: 14872096)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 16 May 2023 to 30 June 2024

1. STATUTORY INFORMATION

Sekuro UK 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.

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.

After making enquiries, the directors have reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, due to having support from its ultimate parent company, Sekuro Limited, being a period in excess of 12 months and 1 day from the date these financial statements were approved, accordingly they continue to adopt the going concern basis in preparing the financial statements.

Related party exemption
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.

Tangible fixed assets
Tangible assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as below:

Computer equipment - straight line 33.3%

Taxation
Taxation for the period 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 period 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.

SEKURO UK LTD (REGISTERED NUMBER: 14872096)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 16 May 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
Basic Financial Instruments are covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other Financial Instruments as covered by Section 12 of FRS102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,484
At 30 June 2024 1,484
DEPRECIATION
Charge for period 41
At 30 June 2024 41
NET BOOK VALUE
At 30 June 2024 1,443

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 15,791

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 34,091
Amounts owed to group undertakings 262,603
Taxation and social security 4,435
Other creditors & accruals 22,176
323,305

SEKURO UK LTD (REGISTERED NUMBER: 14872096)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 16 May 2023 to 30 June 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

All shares were paid for cash at par during the period.

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rachel Lockwood (Senior Statutory Auditor)
for and on behalf of Oury Clark Chartered Accountants

"Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

9. ULTIMATE PARENT COMPANY

The ultimate parent company of Sekuro UK Ltd is Sekuro Limited, incorporated in Australia, with a registered office of Level 5, 727 George Street, Haymarket NSW 2000, who indirectly own 100% of the shareholding in Sekuro UK Ltd.

The consolidated financial statements are publicly available and are located at Level 5, 727 George Street, Haymarket NSW 2000.