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Company Registration No. 10947880 (England and Wales)
SECURE FINANCE LTD Unaudited accounts for the year ended 31 December 2024
SECURE FINANCE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SECURE FINANCE LTD Company Information for the year ended 31 December 2024
Director
Joseph Kahan
Company Number
10947880 (England and Wales)
Registered Office
168 STAMFORD HILL LONDON N16 6QX ENGLAND
Accountants
1040 Tax Solutions Fairways House George Street Prestwich Manchester M25 9WS
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SECURE FINANCE LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,379 
5,402 
Current assets
Debtors
5
2,320,313 
1,017,181 
Cash at bank and in hand
217,254 
694,036 
2,537,567 
1,711,217 
Creditors: amounts falling due within one year
6
(136,932)
(56,492)
Net current assets
2,400,635 
1,654,725 
Total assets less current liabilities
2,403,014 
1,660,127 
Creditors: amounts falling due after more than one year
7
(2,033,139)
(1,256,130)
Net assets
369,875 
403,997 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
369,874 
403,996 
Shareholders' funds
369,875 
403,997 
For the year ending 31 December 2024 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 22 July 2025 and were signed on its behalf by
Joseph Kahan Director Company Registration No. 10947880
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SECURE FINANCE LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SECURE FINANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 10947880. The registered office is 168 STAMFORD HILL, LONDON, N16 6QX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
14,931 
At 31 December 2024
14,931 
Depreciation
At 1 January 2024
9,529 
Charge for the year
3,023 
At 31 December 2024
12,552 
Net book value
At 31 December 2024
2,379 
At 31 December 2023
5,402 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
73,260 
- 
Amounts falling due after more than one year
Other debtors
2,247,053 
1,017,181 
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SECURE FINANCE LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,316 
- 
Taxes and social security
23,760 
10,897 
Other creditors
37,437 
37,976 
Loans from directors
73,419 
7,619 
136,932 
56,492 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,000 
25,000 
Other creditors
2,018,139 
1,213,652 
Loans from directors
- 
17,478 
2,033,139 
1,256,130 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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