SECR LIMITED

Company Registration Number:
09312616 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

SECR LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes

SECR LIMITED

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 400,449 400,599
Total fixed assets: 400,449 400,599
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 13,093 20,737
Total current assets: 13,093 20,737
Creditors: amounts falling due within one year: 4 ( 293,126 ) ( 298,743 )
Net current assets (liabilities): (280,033) (278,006)
Total assets less current liabilities: 120,416 122,593
Provision for liabilities: ( 31,709 ) ( 31,709 )
Total net assets (liabilities): 88,707 90,884
Capital and reserves
Called up share capital: 100 100
Other reserves: 135,183 135,183
Profit and loss account: (46,576 ) (44,399 )
Total Shareholders' funds: 88,707 90,884

The notes form part of these financial statements

SECR LIMITED

Balance sheet statements

For the year ending 30 November 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.

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

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

This report was approved by the board of directors on 21 August 2025
and signed on behalf of the board by:

Name: C Brown
Status: Director

The notes form part of these financial statements

SECR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents the value of fees charged (excluding VAT) during the year.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life. Office Equipment – 25% reducing balance basis Motor Vehicle – 25% reducing balance basis

    Other accounting policies

    Debtors and Creditors Receivable/Payable Within One Year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Investment Properties Investment properties are included in the balance sheet at their open market value, as determined by the Directors of the Company and no depreciation is provided. Deferred Taxation Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Going Concern At the Balance Sheet date the Company's current liabilities exceeded its current assets. The Company has received assurances from the Directors that they will continue to give financial support to the Company for twelve months from the date of signing these financial statements. The accounts have therefore been prepared on the assumption that the Company is able to carry on business as a going concern, which the Directors consider appropriate.

SECR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

SECR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 400,000 200 7,000 407,200
Additions 0 0 0 0
Disposals
Revaluations 0 0 0 0
Transfers
At 30 November 2024 400,000 200 7,000 407,200
Depreciation
At 1 December 2023 0 184 6,417 6,601
Charge for year 0 4 146 150
On disposals
Other adjustments
At 30 November 2024 0 188 6,563 6,751
Net book value
At 30 November 2024 400,000 12 437 400,449
At 30 November 2023 400,000 16 583 400,599

The Directors have reviewed the market value of the freehold investment property at 30 November 2024 and have incorporated the outcome of the revaluation process in these accounts. The original cost of the property was £233,108.

SECR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 290,623 296,311
Trade creditors 0 0
Taxation and social security 175 212
Other creditors 2,328 2,220
Total 293,126 298,743