Company Registration No. 12364855 (England and Wales)
Speed & Rescue Ltd
Unaudited Financial Statements
for the year ended 31 March 2025
Speed & Rescue Ltd
Unaudited Financial Statements
Contents
Speed & Rescue Ltd
Company Information
for the year ended 31 March 2025
Company Number
12364855 (England and Wales)
Registered Office
12 Pincott Place
London
SE4 2ER
Accountants
Alex & Co
183B Waller Road
London
SE14 5LX
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Speed & Rescue Ltd
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Speed & Rescue Ltd for the year ended
31 March 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Speed & Rescue Ltd, as a body, in accordance with the terms of our engagement letter dated 29 March 2021. Our work has been undertaken solely to prepare for your approval the accounts of Speed & Rescue Ltd and state those matters that we have agreed to state to the Board of Directors of Speed & Rescue Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Speed & Rescue Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Speed & Rescue Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Speed & Rescue Ltd. You consider that Speed & Rescue Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Speed & Rescue Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Alex & Co
Chartered Certified Accountants
183B Waller Road
London
SE14 5LX
8 September 2025
Speed & Rescue Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
405
2
Creditors: amounts falling due within one year
(27,366)
(57,131)
Net current assets
4,213
10,919
Total assets less current liabilities
4,213
10,919
Creditors: amounts falling due after more than one year
(1,357)
(5,936)
Called up share capital
100
100
Profit and loss account
2,756
4,883
Shareholders' funds
2,856
4,983
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2025 and were signed on its behalf by
Sadja Goudiaby
Director
Company Registration No. 12364855
Speed & Rescue Ltd
Notes to the Accounts
for the year ended 31 March 2025
Speed & Rescue Ltd is a private company, limited by shares, registered in England and Wales, registration number 12364855. The registered office is 12 Pincott Place, London, SE4 2ER.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 (or less) 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.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Other debtors
31,174
45,321
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,170
3,548
Taxes and social security
21,996
41,288
Speed & Rescue Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).