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Surge Information Technology Ltd

Unaudited financial statements for the year ended 31 October 2024


Company information

Surge Information Technology Ltd is a private company limited by shares, registered in England and Wales, registered number 07038808.

The company's registered office is: 29 Storksbill Lane, Abingdon, Oxford, OX13 5FQ, United Kingdom.

Balance Sheet

as at 31 October 2024

2024 2023
£ £
Called up share capital not paid 1.00 1.00
Fixed assets 2,002.48 3,367.60
Current assets 37,827.77 44,142.46
Creditors: amounts falling due within one year (15,428.50) (15,437.39)
Net current assets / (liabilities) 22,399.27 28,705.07
Total assets less current liabilities 24,402.75 32,073.67
Creditors: amounts falling due after more than one year (31,894.04) (41,105.78)
Net assets (7,491.29) (9,032.11)
Capital and reserves (7,491.29) (9,032.11)

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

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Surjan Basan
29 July 2025

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 0 (2023: 0).

  2. Director Advances Credits Note

    As at 31st October 2024, the balance of the outstanding loan to a director was £23,290. The loan is repayable in due course on demand. £3,250 has been repaid by the director to the company during the financial year.

  3. Director Guarantees Note

    As at 31st October 2024, the balance of a business loan with NatWest was £23,517. It is personally guaranteed by a director.