1 April 2024 false No description of principal activity Taxfiler 2024.6 07178449business:PrivateLimitedCompanyLtd2024-04-012025-03-31 071784492024-03-31 071784492024-04-012025-03-31 07178449business:AuditExemptWithAccountantsReport2024-04-012025-03-31 07178449business:FilletedAccounts2024-04-012025-03-31 071784492025-03-31 07178449business:Director12024-04-012025-03-31 07178449business:Director22024-04-012025-03-31 07178449business:RegisteredOffice2024-04-012025-03-31 071784492024-03-31 07178449core:WithinOneYear2025-03-31 07178449core:WithinOneYear2024-03-31 07178449core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 07178449core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07178449core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 07178449core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07178449core:PreviouslyStatedAmount2025-03-31 07178449core:PreviouslyStatedAmount2024-03-31 07178449business:SmallEntities2024-04-012025-03-31 07178449countries:EnglandWales2024-04-012025-03-31 07178449core:PlantMachinery2024-04-012025-03-31 07178449core:MotorVehicles2024-04-012025-03-31 07178449core:ComputerEquipment2024-04-012025-03-31 07178449core:PlantMachinery2024-03-31 07178449core:MotorVehicles2024-03-31 07178449core:ComputerEquipment2024-03-31 07178449core:PlantMachinery2025-03-31 07178449core:MotorVehicles2025-03-31 07178449core:ComputerEquipment2025-03-31 07178449core:AcceleratedTaxDepreciationDeferredTax2025-03-31 07178449core:AcceleratedTaxDepreciationDeferredTax2024-03-31 071784492023-03-31 071784492023-04-012024-03-31 07178449core:BetweenOneFiveYears2025-03-31 07178449core:BetweenOneFiveYears2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07178449 (England and Wales)
Service Vent Ltd Unaudited accounts for the year ended 31 March 2025
Service Vent Ltd Unaudited accounts Contents
Page
- 2 -
Service Vent Ltd Company Information for the year ended 31 March 2025
Directors
Madeleine Brehme Anthony Brehme
Company Number
07178449 (England and Wales)
Registered Office
Unit 8 Kingsland Court Three Bridges Road Crawley RH10 1HL
Accountants
Nicola Grobety (MAAT) Longwood Business Support Ltd 16 Longwood View Crawley West Sussex RH10 6PB
- 3 -
Service Vent Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,011 
5,794 
Current assets
Debtors
38,782 
46,488 
Investments
328,619 
240,000 
Cash at bank and in hand
114,268 
187,907 
481,669 
474,395 
Creditors: amounts falling due within one year
(65,299)
(109,305)
Net current assets
416,370 
365,090 
Total assets less current liabilities
417,381 
370,884 
Provisions for liabilities
Deferred tax
(2,645)
(1,450)
Net assets
414,736 
369,434 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
414,734 
369,432 
Shareholders' funds
414,736 
369,434 
For the year ending 31 March 2025 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 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 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 of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by
Madeleine Brehme Director Company Registration No. 07178449
- 4 -
Service Vent Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Service Vent Ltd is a private company, limited by shares, registered in England and Wales, registration number 07178449. The registered office is Unit 8 Kingsland Court, Three Bridges Road, Crawley, RH10 1HL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
3 years straight line
Motor vehicles
25% reducing balance
Computer equipment
3 years straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Short-term investments included are measured at amortised cost using the effective interest method under Section 11 of FRS 102.
- 5 -
Service Vent Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
3,228 
9,000 
2,870 
15,098 
Additions
200 
- 
- 
200 
Disposals
- 
(9,000)
- 
(9,000)
At 31 March 2025
3,428 
- 
2,870 
6,298 
Depreciation
At 1 April 2024
1,590 
5,204 
2,510 
9,304 
Charge for the year
951 
- 
236 
1,187 
On disposals
- 
(5,204)
- 
(5,204)
At 31 March 2025
2,541 
- 
2,746 
5,287 
Net book value
At 31 March 2025
887 
- 
124 
1,011 
At 31 March 2024
1,638 
3,796 
360 
5,794 
The company holds bonds with a total value of £80,000, comprising four fixed-rate bonds earning between x and x% interest and maturing within 12 months of the balance sheet date
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,040 
Trade debtors
28,696 
41,108 
Accrued income and prepayments
10,091 
4,262 
Other debtors
(5)
78 
38,782 
46,488 
7
Investments held as current assets
2025 
2024 
£ 
£ 
Unlisted investments
328,619 
240,000 
At 31 March 2025, the company held fixed-term bank deposits and bonds with a total carrying amount of £328,619 Prior year comparative figures have been restated to correct the classification of bond investments from cash and cash equivalents.
- 6 -
Service Vent Ltd Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
7,616 
- 
Trade creditors
18,487 
48,690 
Taxes and social security
37,820 
58,344 
Other creditors
326 
250 
Accruals
1,050 
900 
Deferred income
- 
1,121 
65,299 
109,305 
9
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
2,645 
1,450 
2025 
2024 
£ 
£ 
Provision at start of year
1,450 
1,435 
Charged to the profit and loss account
1,195 
15 
Provision at end of year
2,645 
1,450 
10
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
19,491 
19,491 
Later than one year and not later than five years
16,712 
36,203 
36,203 
55,694 
11
Average number of employees
During the year the average number of employees was 7 (2024: 6).
- 7 -