SECREP LIMITED

Company Registration Number:
12316668 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SECREP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SECREP LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 102,538 0
Total fixed assets: 102,538 0
Current assets
Stocks: 0 0
Debtors:   89,052 96,910
Cash at bank and in hand: 233,310 104,196
Investments:   0 0
Total current assets: 322,362 201,106
Creditors: amounts falling due within one year:   (164,130) (104,694)
Net current assets (liabilities): 158,232 96,412
Total assets less current liabilities: 260,770 96,412
Creditors: amounts falling due after more than one year:   (250,000) (250,000)
Total net assets (liabilities): 10,770 (153,588)
Capital and reserves
Called up share capital: 100,000 100,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (89,230) (253,588)
Shareholders funds: 10,770 (153,588)

The notes form part of these financial statements

SECREP LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Stephen Walker
Status: Director

The notes form part of these financial statements

SECREP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SECREP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 10 9

SECREP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Cost As at 1 January 2024 - Additions 100,000 Revaluations 2,538 As at 31 December 2024 102,538 Provision As at 1 January 2024 - As at 31 December 2024 - Net Book Value As at 31 December 2024 102,538 As at 1 January 2024 -

SECREP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Related party transactions

Name of the related party: SecRep BV
Relationship:
Sister Company
Description of the Transaction: During the year, Secrep Limited made sales of £301,999 (2023: £245,649) to Secrep BV, a company Mr Benjamin Bates is a person of significant control. At 31st December 2024, Secrep Limited was owed £29,628 (2023: £50,318) by Secrep BV.
£
Balance at 01 January 2024 50,318
Balance at 31 December 2024 29,628
Name of the related party: EuroABS Limited
Relationship:
Common Ownership
Description of the Transaction: During the year, Secrep Limited made sales of £356,478 (2023: £416,828) to EuroABS Limited. At 31st December 2024, Secrep Limited owed £11,986 (2023: £nil) to EuroABS Limited. Benjamin Bates is the controlling shareholder of EuroABS Limited. EuroABS Limited is an agent of the clients not to Secrep Limited.
£
Balance at 01 January 2024 416,828
Balance at 31 December 2024 344,492
Name of the related party:
Relationship:
Property ownership
Description of the Transaction: During the year, Secrep Limited paid £1,286 (2023: £1,062) in electricity costs to EDF Energy Ltd. These costs were paid in relation to a property that is owned by Mr Benjamin Bates, a person of significant control
£
Balance at 01 January 2024 1,062
Balance at 31 December 2024 1,286
Name of the related party: SecRep Holdings Limited
Relationship:
Holding Company - the Lender
Description of the Transaction: At 31st December 2024, Secrep Limited owes Secrep Holdings Limited, a company Mr Benjamin Bates is a person of significant control, £250,000 (2023: £250,000).
£
Balance at 01 January 2024 250,000
Balance at 31 December 2024 250,000