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REGISTERED NUMBER: 04568323 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SURE-CAN LIMITED

SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SURE-CAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: S Lloyd





SECRETARY: S Lloyd





REGISTERED OFFICE: Unit 1
Henson Way
Telford Way Industrial Estate
Kettering
Northamptonshire
NN16 8PX





REGISTERED NUMBER: 04568323 (England and Wales)





ACCOUNTANTS: Elkingtons Accountants Limited
1st Floor
49 High Street
Hucknall
Nottinghamshire
NG15 7AW

SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,695,356 1,613,641

CURRENT ASSETS
Stocks 267,264 332,353
Debtors 5 1,170,112 1,388,675
Cash at bank and in hand 1,978,983 1,144,426
3,416,359 2,865,454
CREDITORS
Amounts falling due within one year 6 1,499,207 1,391,133
NET CURRENT ASSETS 1,917,152 1,474,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,612,508

3,087,962

CREDITORS
Amounts falling due after more than one
year

7

(359,664

)

(338,386

)

PROVISIONS FOR LIABILITIES (136,835 ) (120,874 )
NET ASSETS 3,116,009 2,628,702

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,115,909 2,628,602
3,116,009 2,628,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)

BALANCE SHEET - continued
31ST MARCH 2025


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 5th June 2025 and were signed by:





S Lloyd - Director


SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Sure-Can 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and at variable rates 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

2. ACCOUNTING POLICIES - continued

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 17 (2024 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2024 1,254,819 1,040,522 2,295,341
Additions 26,384 192,287 218,671
Disposals - (1,575 ) (1,575 )
At 31st March 2025 1,281,203 1,231,234 2,512,437
DEPRECIATION
At 1st April 2024 128,894 552,806 681,700
Charge for year 19,783 117,065 136,848
Eliminated on disposal - (1,467 ) (1,467 )
At 31st March 2025 148,677 668,404 817,081
NET BOOK VALUE
At 31st March 2025 1,132,526 562,830 1,695,356
At 31st March 2024 1,125,925 487,716 1,613,641

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2024
and 31st March 2025 35,000
DEPRECIATION
At 1st April 2024
and 31st March 2025 21,115
NET BOOK VALUE
At 31st March 2025 13,885
At 31st March 2024 13,885

SURE-CAN LIMITED (REGISTERED NUMBER: 04568323)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,090,186 1,351,305
Other debtors 79,926 37,370
1,170,112 1,388,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 44,307 42,489
Hire purchase contracts 32,106 24,244
Trade creditors 1,002,308 941,982
Taxation and social security 391,612 365,133
Other creditors 28,874 17,285
1,499,207 1,391,133

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 205,957 250,264
Hire purchase contracts 153,707 88,122
359,664 338,386

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 8,947 61,342

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 250,264 292,753
Hire purchase contracts 185,813 112,366
436,077 405,119

An all assets debenture was signed to secure all liabilities to Lloyds bank PLC.