Specialist Asset Finance Limited

	Registered number
	10851095

	Specialist Asset Finance Limited
	Unaudited Accounts
	for the year ended
	31 December 2024

Specialist Asset Finance Limited Balance Sheet as at 31 December 2024
	Notes		2024 £		2023 £
Fixed assets
Intangible assets			0		7,917
			0		7,917

Current assets
Debtors	4	10,649		39,911
Cash at bank and in hand		24,622		26,659
		35,271		66,570

Creditors: amounts falling due within one year	5	(27,859)		(54,774)

Net current assets / (liabilities)			7,412		11,796

Total assets less current liabilities			7,412		19,713

Creditors: amounts falling due after more than one year			(6,737)		(16,762)

Provisions for liabilities			(0)		(0)

Total net assets (liabilities)			675		2,951

Capital and reserves
Called up share capital			519		519
Profit and loss account			156		2,432
Shareholders' funds			675		2,951

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 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.

Signed on behalf of the board of directors

...............................

Mr K Green

Director

Approved by the board on 16 September 2025

Company Number: 10851095 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Ground Floor, Mill Studios Fry'S Yard
Bridge Street
Godalming
GU7 1HP
United Kingdom

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

	Intangible fixed assets
	Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.

Taxation
	2024	2023
	£	£
UK Corporation Tax	7,703	39,405
Tax on profit/(loss) on ordinary activities	7,703	39,405

Employees
	2024	2023
Average number of employees during the period	4	5

Debtors
	2024	2023
	£	£
Trade debtors	10,649	19,911
Other debtors	0	20,000
	10,649	39,911

Creditors: amounts falling due within one year
	2024	2023
	£	£
Bank Loans & Overdrafts	10,800	10,800
Trade creditors	4,791	0
Amounts due to group undertakings	0	500
Taxation & social security	10,011	43,015
Other creditors	2,257	459
	27,859	54,774

Dividends
	2024	2023
	£	£
Total dividend payment	24,780	147,629