Company Registration No. 09691789 (England and Wales)
SERIES B LIMITED
Unaudited accounts
for the year ended 31 July 2025
SERIES B LIMITED
Unaudited accounts
Contents
SERIES B LIMITED
Company Information
for the year ended 31 July 2025
Director
Mr William Pedley
Company Number
09691789 (England and Wales)
Registered Office
1 EVEREST ROAD
CHELTENHAM
GL53 9LA
ENGLAND
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
SERIES B LIMITED
Statement of financial position
as at 31 July 2025
Tangible assets
7,748
9,854
Cash at bank and in hand
104,756
153,246
Creditors: amounts falling due within one year
(35,381)
(56,365)
Net current assets
84,353
97,145
Total assets less current liabilities
129,079
132,520
Provisions for liabilities
Deferred tax
(8,835)
(8,835)
Net assets
120,244
123,685
Called up share capital
1
1
Profit and loss account
120,243
123,684
Shareholders' funds
120,244
123,685
For the year ending 31 July 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 10 September 2025 and were signed on its behalf by
Mr William Pedley
Director
Company Registration No. 09691789
SERIES B LIMITED
Notes to the Accounts
for the year ended 31 July 2025
SERIES B LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09691789. The registered office is 1 EVEREST ROAD, CHELTENHAM, GL53 9LA, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
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.
Investments in shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
SERIES B LIMITED
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 August 2024
25,521
Fair value adjustments
11,457
Valuation at 31 July 2025
36,978
Amounts falling due within one year
Accrued income and prepayments
-
264
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
28,943
41,885
Loans from directors
96
416
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
SERIES B LIMITED
Notes to the Accounts
for the year ended 31 July 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 1).