Service Solutions and Sales Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04699206

SERVICE SOLUTIONS AND SALES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

SERVICE SOLUTIONS AND SALES LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2025

	30 Apr 25	31 Mar 24
Note	£	£

Current assets

Stocks		–	175
Debtors	6	401	6,936
Cash at bank and in hand		25,502	25,298
		--------	--------
		25,903	32,409

Creditors: amounts falling due within one year	7	23,113	29,664
		--------	--------
Net current assets		2,790	2,745
		-------	-------
Total assets less current liabilities		2,790	2,745
		-------	-------

Capital and reserves

Called up share capital	8	115	115
Profit and loss account		2,675	2,630
		-------	-------
Shareholders funds		2,790	2,745
		-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 October 2025 , and are signed on behalf of the board by:

Mrs A Stock

Director

Company registration number: 04699206

SERVICE SOLUTIONS AND SALES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 APRIL 2024 TO 30 APRIL 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 38 Elm Drive, Deanshanger, Milton Keynes, MK19 6JF, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The company ceased trading prior to the date of the financial statements. As required by UK accounting standards, the Directors have prepared the financial statements on the basis that the company is no longer a going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 1 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	428	16,330	309	17,067
Disposals	( 428)	( 16,330)	( 309)	( 17,067)
	----	--------	----	--------
At 30 April 2025	–	–	–	–
	----	--------	----	--------
Depreciation
At 1 April 2024	428	16,330	309	17,067
Disposals	( 428)	( 16,330)	( 309)	( 17,067)
	----	--------	----	--------
At 30 April 2025	–	–	–	–
	----	--------	----	--------
Carrying amount
At 30 April 2025	–	–	–	–
	----	--------	----	--------
At 31 March 2024	–	–	–	–
	----	--------	----	--------

6. Debtors

	30 Apr 25	31 Mar 24
	£	£
Trade debtors	–	6,936
Other debtors	401	–
	----	-------
	401	6,936
	----	-------

7. Creditors: amounts falling due within one year

	30 Apr 25	31 Mar 24
	£	£
Trade creditors	538	6,867
Corporation tax	–	223
Social security and other taxes	871	1,130
Other creditors	21,704	21,444
	--------	--------
	23,113	29,664
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	30 Apr 25		31 Mar 24
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
Ordinary B shares of £ 1 each	15	15	15	15
	----	----	----	----
	115	115	115	115
	----	----	----	----