SECURED LENDING LIMITED


Directors	HUGHES, Michael John
	SLOPER, Richard Edward


Registered Address	Level 4 Ldn:W
	3 Noble Street
	London
	EC2V 7EE


Registered Number	09033656 (England and Wales)

Statement of Financial Position
31 March 2024

	Notes	2024		2023
		£	£	£	£
Current assets
Debtors	3	2,942,032		3,028,473
Cash at bank and on hand		13,774		79,688
		2,955,806		3,108,161
Creditors amounts falling due within one year	4	(1,166,439)		(1,266,103)
Net current assets (liabilities)			1,789,367		1,842,058
Total assets less current liabilities			1,789,367		1,842,058
Net assets			1,789,367		1,842,058
Capital and reserves
Called up share capital			16,801		15,683
Share premium			1,754,788		1,625,335
Other reserves			338		338
Profit and loss account			17,440		200,702
Shareholders' funds			1,789,367		1,842,058

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 2 October 2025, and are signed on its behalf by:

HUGHES, Michael John
Director
Registered Company No. 09033656

SECURED LENDING LIMITED

Notes to the Financial Statements
for the year ended 31 March 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	2,942,032	3,028,473
Total	2,942,032	3,028,473

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	29,555	30,066
Taxation and social security	-	29,846
Other creditors	903,240	953,240
Accrued liabilities and deferred income	233,644	252,951
Total	1,166,439	1,266,103