Service Systems Limited

	Page
Accountant's Report	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Service Systems Limited for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Service Systems Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Service Systems Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Service Systems Limited and state those matters that we have agreed to state to the directors of Service Systems Limited , as a body, in this report in accordance with 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 Service Systems Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Service Systems Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Service Systems Limited . You consider that Service Systems Limited 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 Service Systems Limited . 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 financial statements.

Signed

The Curtis Partnershiip

25th August 2025

The Curtis Partnership

1 Tape Street

Cheadle

Stoke On Trent

Staffordshire

ST10 1BB

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Service Systems Limited

Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 01817628

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		55,441		34,662

			55,441		34,662
CURRENT ASSETS
Stocks	5	76,935		147,031
Debtors	6	145,023		195,115
Cash at bank and in hand		530,840		376,265

		752,798		718,411
Creditors: Amounts Falling Due Within One Year	7	(163,681 )		(189,709 )

NET CURRENT ASSETS (LIABILITIES)			589,117		528,702

TOTAL ASSETS LESS CURRENT LIABILITIES			644,558		563,364

Creditors: Amounts Falling Due After More Than One Year	8		(1,995 )		(11,175 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(10,761 )		(5,566 )

NET ASSETS			631,802		546,623

CAPITAL AND RESERVES
Called up share capital	11		4		4
Capital redemption reserve			1		1
Income Statement			631,797		546,618

SHAREHOLDERS' FUNDS			631,802		546,623

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Service Systems Limited

Statement of Financial Position (continued)

As At 31 March 2025

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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr John Fuller Director	Mr Gary Norcup Director
25th August 2025

The notes on pages 4 to 7 form part of these financial statements.

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Service Systems Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Service Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01817628 . The registered office is 1 Tape Street, Cheadle, Stoke-On-Trent, Staffordshire, ST10 1BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation as land only
Plant & Machinery	15% reducing balance basis
Motor Vehicles	25% reducing balance basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Service Systems Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	5,800	24,061	48,859	78,720
Additions	-	-	43,230	43,230
Disposals	-	-	(8,439 )	(8,439 )

As at 31 March 2025	5,800	24,061	83,650	113,511

Depreciation
As at 1 April 2024	-	20,841	23,217	44,058
Provided during the period	-	485	15,637	16,122
Disposals	-	-	(2,110 )	(2,110 )

As at 31 March 2025	-	21,326	36,744	58,070

...CONTINUED

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Service Systems Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	5,800	2,735	46,906	55,441

As at 1 April 2024	5,800	3,220	25,642	34,662

5. Stocks

	2025	2024
	£	£
Stock	76,935	147,031

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	144,090	189,648
Prepayments and accrued income	933	5,467

	145,023	195,115

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	43,756	46,672
Bank loans and overdrafts	9,000	9,000
Corporation tax	48,700	79,100
Other taxes and social security	4,839	4,665
VAT	34,852	37,106
Other creditors	10,356	3,444
Accruals and deferred income	4,415	4,345
Directors' loan accounts	7,763	5,377

	163,681	189,709

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,995	11,175

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	10,761	5,566

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Service Systems Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2024	5,566	5,566
Deferred taxation	5,195	5,195

Balance at 31 March 2025	10,761	10,761

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

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