REGISTERED NUMBER: 12707106 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Servo Systems Group Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P B Coleman

M Richards

REGISTERED OFFICE:

7 Heath Road

Hanham

Bristol

BS15 3JT

REGISTERED NUMBER:

12707106 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Tangible assets

4

12,242

16,322

CURRENT ASSETS

Debtors

5

4,045

8,795

Cash at bank

84,853

85,630

88,898

94,425

CREDITORS

Amounts falling due within one year

6

21,097

31,284

NET CURRENT ASSETS

67,801

63,141

TOTAL ASSETS LESS CURRENT LIABILITIES

80,043

79,463

CREDITORS

Amounts falling due after more than one year

7

(6,032

)

(10,556

)

PROVISIONS FOR LIABILITIES

(3,876

)

(3,101

)

NET ASSETS

70,135

65,806

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

70,133

65,804

70,135

65,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

M Richards - Director

1.	STATUTORY INFORMATION

Servo Systems Group 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

25,660

363

26,023

DEPRECIATION

At 1 July 2024

9,571

130

9,701

Charge for year

4,022

58

4,080

At 30 June 2025

13,593

188

13,781

NET BOOK VALUE

At 30 June 2025

12,067

175

12,242

At 30 June 2024

16,089

233

16,322

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

and 30 June 2025

25,000

DEPRECIATION

At 1 July 2024

9,375

Charge for year

3,906

At 30 June 2025

13,281

NET BOOK VALUE

At 30 June 2025

11,719

At 30 June 2024

15,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

960

5,400

Other debtors

3,085

3,395

4,045

8,795

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

4,524

4,524

Tax

8,403

8,096

Social security and other taxes

636

8,102

VAT

5,134

8,027

Other creditors

-

334

Directors' current accounts

900

701

Accrued expenses

1,500

1,500

21,097

31,284

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

6,032

10,556

8.	RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with the directors:

M Richards:

2025

2024

Shares subscribed

-

-

Capital (withdrawn)/introduced

199

(148

)

Use of home as office

520

520

At the year end the amount due to the director was £900 (2024 - £701).