REGISTERED NUMBER: 06875990 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ANKER SERVICE CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Casey

SECRETARY:

Mrs T S Casey

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

06875990 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

4

-

14,666

Tangible assets

5

53,123

51,204

53,123

65,870

CURRENT ASSETS

Stocks

4,100

3,400

Debtors

6

1,019,595

790,158

Cash at bank and in hand

223,153

188,835

1,246,848

982,393

CREDITORS

Amounts falling due within one year

7

239,721

218,853

NET CURRENT ASSETS

1,007,127

763,540

TOTAL ASSETS LESS CURRENT LIABILITIES

1,060,250

829,410

PROVISIONS FOR LIABILITIES

8

12,867

12,491

NET ASSETS

1,047,383

816,919

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,047,283

816,819

SHAREHOLDERS' FUNDS

1,047,383

816,919

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:

M J Casey - Director

1.	STATUTORY INFORMATION

Anker Service Centre Limited 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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2023

and 31 August 2024

220,000

AMORTISATION

At 1 September 2023

205,334

Amortisation for year

14,666

At 31 August 2024

220,000

NET BOOK VALUE

At 31 August 2024

-

At 31 August 2023

14,666

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2023

132,123

72,440

204,563

Additions

25,503

-

25,503

Disposals

(3,999

)

(4,833

)

(8,832

)

At 31 August 2024

153,627

67,607

221,234

DEPRECIATION

At 1 September 2023

109,624

43,735

153,359

Charge for year

11,438

6,270

17,708

Eliminated on disposal

(1,748

)

(1,208

)

(2,956

)

At 31 August 2024

119,314

48,797

168,111

NET BOOK VALUE

At 31 August 2024

34,313

18,810

53,123

At 31 August 2023

22,499

28,705

51,204

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

28,054

36,914

Directors' current accounts

990,375

752,175

Prepayments

1,166

1,069

1,019,595

790,158

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

40,017

53,565

Tax

125,316

91,972

Social security and other taxes

7,152

7,444

VAT

34,729

33,859

Other creditors

31,494

31,000

Accruals and deferred income

1,013

1,013

239,721

218,853

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

13,027

12,491

Other timing differences

(160

)

-

12,867

12,491

Deferred

tax

£

Balance at 1 September 2023

12,491

Charge to Income Statement during year

376

Balance at 31 August 2024

12,867

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

80

Ordinary

£1

80

80

10

A Ordinary

£1

10

10

10

Preference

£1

10

10

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024

2023

£

£

M J Casey

Balance outstanding at start of year

752,175

535,616

Amounts advanced

990,375

752,175

Amounts repaid

(752,175

)

(535,616

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

990,375

752,175

Interest is charged on this loan at the HMRC official rate of interest.