REGISTERED NUMBER: 06686342 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Service Solutions Assist Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Griffin

A W Walmsley

SECRETARY:

R P Mulholland

REGISTERED OFFICE:

Solutions House

Fairways Office Park

Fulwood

Preston

Lancashire

PR2 9LF

REGISTERED NUMBER:

06686342 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Tangible assets

4

4,621

6,371

CURRENT ASSETS

Debtors

5

514,174

1,181,834

Cash at bank

34,307

26,915

548,481

1,208,749

CREDITORS

Amounts falling due within one year

6

368,707

1,033,592

NET CURRENT ASSETS

179,774

175,157

TOTAL ASSETS LESS CURRENT LIABILITIES

184,395

181,528

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

184,394

181,527

SHAREHOLDERS' FUNDS

184,395

181,528

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

D J Griffin - Director

1.	STATUTORY INFORMATION

Service Solutions Assist 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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

The company has previously depreciated its computer equipment at a rate of 20% on cost. During the year the directors' reassessed this policy and revised this to 33% on cost. This has resulted in an increase in depreciation charge of £1,242.in the year.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

1,582

32,913

34,495

Additions

-

1,357

1,357

At 31 December 2024

1,582

34,270

35,852

DEPRECIATION

At 1 January 2024

1,582

26,542

28,124

Charge for year

-

3,107

3,107

At 31 December 2024

1,582

29,649

31,231

NET BOOK VALUE

At 31 December 2024

-

4,621

4,621

At 31 December 2023

-

6,371

6,371

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

417,329

591,588

Provision for bad debts

-

(19,510

)

Service Solutions Direct Ltd

-

274,439

Surface Medic Limited

-

87,359

Insurance Solutions Group Limited

90,481

73,028

Lucas Claims Solutions Limited

-

109,720

Prepayments and accrued income

6,364

65,210

514,174

1,181,834

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

223,933

317,733

Social security and other taxes

2,732

1,618

VAT

41,949

63,410

Concept Building Solutions UK Limited

-

530,088

Accruals and deferred income

100,093

120,743

368,707

1,033,592

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary

£1

1

1

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY