REGISTERED NUMBER: 04982077 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Servertastic Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A F C Gambles

REGISTERED OFFICE:

Woodend Creative Workspace

The Crescent

Scarborough

North Yorkshire

YO11 2PW

REGISTERED NUMBER:

04982077 (England and Wales)

ACCOUNTANTS:

Edward Milnes & Co

Woodend

The Crescent

Scarborough

North Yorkshire

YO11 2PW

FIXED ASSETS

Intangible assets

4

354

604

Tangible assets

5

2,497

2,602

2,851

3,206

CURRENT ASSETS

Debtors

6

73,135

86,973

Cash at bank

30,041

30,799

103,176

117,772

CREDITORS

Amounts falling due within one year

7

82,983

88,333

NET CURRENT ASSETS

20,193

29,439

TOTAL ASSETS LESS CURRENT LIABILITIES

23,044

32,645

CREDITORS

Amounts falling due after more than one year

8

(24,538

)

(30,094

)

PROVISIONS FOR LIABILITIES

(474

)

(494

)

NET (LIABILITIES)/ASSETS

(1,968

)

2,057

CAPITAL AND RESERVES

Called up share capital

105

105

Retained earnings

(2,073

)

1,952

(1,968

)

2,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 28 August 2025 and were signed by:

A F C Gambles - Director

1.	STATUTORY INFORMATION

Servertastic 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.

Goodwill

Goodwill, being the amount paid in connection with the past acquisition of a business, has now been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of eight years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office furniture and equipment

-

33% on cost and 10% on reducing balance

Computer equipment

-

33% on cost

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.

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 2 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

Trademarks

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

8,501

2,000

10,501

AMORTISATION

At 1 January 2024

8,500

1,397

9,897

Amortisation for year

-

250

250

At 31 December 2024

8,500

1,647

10,147

NET BOOK VALUE

At 31 December 2024

1

353

354

At 31 December 2023

1

603

604

5.	TANGIBLE FIXED ASSETS

Office

furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 January 2024

2,492

4,446

6,938

Additions

-

836

836

Disposals

(93

)

(1,564

)

(1,657

)

At 31 December 2024

2,399

3,718

6,117

DEPRECIATION

At 1 January 2024

1,084

3,252

4,336

Charge for year

182

729

911

Eliminated on disposal

(93

)

(1,534

)

(1,627

)

At 31 December 2024

1,173

2,447

3,620

NET BOOK VALUE

At 31 December 2024

1,226

1,271

2,497

At 31 December 2023

1,408

1,194

2,602

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

50

50

Directors' current accounts

47,893

61,093

Tax

11,750

11,750

VAT

694

451

Accrued income

991

1,093

Prepayments

11,757

12,536

73,135

86,973

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

5,556

5,556

Other loans

-

5,135

Trade creditors

51,883

41,912

Amounts owed to associates

1,960

4,622

Tax

3,673

4,709

Social security and other taxes

748

836

Other creditors

-

416

Accrued expenses

19,163

25,147

82,983

88,333

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

16,667

16,667

Bank loans more 5 yr by instal

2,315

7,871

24,538

30,094

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,315

7,871

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

A F C Gambles

Balance outstanding at start of year

61,093

46,943

Amounts advanced

18,800

28,150

Amounts repaid

(32,000

)

(14,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

47,893

61,093

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £12,000 (2023 - £12,000) were paid to the director .

Servertastic Web Services Ltd

A company for which A F C Gambles acts as a director, and holds a controlling interest.

During the year Servertastic Ltd purchased goods from Servertastic Web Services Ltd to the value of £29,098 (2023 - £32,173). These transactions were undertaken on a normal commercial basis.

Servertastic Ltd has entered into an interest free loan agreement with Servertastic Web Services Ltd with no specific terms of repayment. At the year end Servertastic Ltd owed £1,960 to Servertastic Web Services Ltd (2023 - £4,622).

11.	CONTROLLING PARTY

The controlling party is A F C Gambles.