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REGISTERED NUMBER: 10060079 (England and Wales)















Unaudited Financial Statements

for the Period

1 April 2023 to 30 September 2024

for

Surety Services Ltd

Surety Services Ltd (Registered number: 10060079)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Surety Services Ltd (Registered number: 10060079)

Statement of Financial Position
30 September 2024

30.9.24 31.3.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 9,398

CURRENT ASSETS
Inventories - 37,100
Debtors 5 - 113,026
Cash at bank - 783
- 150,909
CREDITORS
Amounts falling due within one year 6 18,839 27,448
NET CURRENT (LIABILITIES)/ASSETS (18,839 ) 123,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

(18,839

)

132,859

CREDITORS
Amounts falling due after more than one year 7 48,225 48,225
NET (LIABILITIES)/ASSETS (67,064 ) 84,634

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (67,065 ) 84,633
SHAREHOLDERS' FUNDS (67,064 ) 84,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

Surety Services Ltd (Registered number: 10060079)

Statement of Financial Position - continued
30 September 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 director and authorised for issue on 25 June 2025 and were signed by:





Mr Inderjeet Menger - Director


Surety Services Ltd (Registered number: 10060079)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024

1. STATUTORY INFORMATION

Surety Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10060079

Registered office: 50 Bute Road
Ilford
United Kingdom
IG6 1AF

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue 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
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
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 3 ) .

Surety Services Ltd (Registered number: 10060079)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 25,765 8,894 34,659
Additions - 828 828
Disposals (25,765 ) (9,722 ) (35,487 )
At 30 September 2024 - - -
DEPRECIATION
At 1 April 2023 19,709 5,552 25,261
Charge for period 2,271 1,563 3,834
Eliminated on disposal (21,980 ) (7,115 ) (29,095 )
At 30 September 2024 - - -
NET BOOK VALUE
At 30 September 2024 - - -
At 31 March 2023 6,056 3,342 9,398

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Trade debtors - 113,026

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Taxation and social security 18,839 17,227
Other creditors - 10,221
18,839 27,448

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 31.3.23
£    £   
Bank loans 48,225 48,225