REGISTERED NUMBER: 04584669 (England and Wales)

Surveillance Repairs Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

N Munden

Secretary:

N Munden

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

04584669 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

4,094

14,737

Current assets

Stocks

7,500

7,500

Debtors

5

155,338

186,577

Cash at bank and in hand

223

234

163,061

194,311

Creditors

Amounts falling due within one year

6

(187,552

)

(208,799

)

Net current liabilities

(24,491

)

(14,488

)

Total assets less current liabilities

(20,397

)

249

Provisions for liabilities

-

(178

)

Net (liabilities)/assets

(20,397

)

71

Capital and reserves

Called up share capital

4

4

Retained earnings

(20,401

)

67

Shareholders' funds

(20,397

)

71

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 September 2025 and were signed by:

N Munden - Director

1.	Statutory information

Surveillance Repairs 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company meets its cash flow requirements through a bank overdraft facility. The director has provided a personal guarantee to the bank and believes that there is no reason why this facility will not continue to be provided. The financial statements have therefore been prepared on a going concern basis and do not contain any adjustments that might have been necessary if the overdraft facility was not to continue at an appropriate level.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2024

154,524

Disposals

(12,867

)

At 31 March 2025

141,657

Depreciation

At 1 April 2024

139,787

Charge for year

993

Eliminated on disposal

(3,217

)

At 31 March 2025

137,563

Net book value

At 31 March 2025

4,094

At 31 March 2024

14,737

5.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

104,399

144,900

Other debtors

50,939

41,677

155,338

186,577

6.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank loans and overdrafts

43,085

44,337

Trade creditors

56,383

53,780

Taxation and social security

67,256

80,926

Other creditors

20,828

29,756

187,552

208,799

7.	Other financial commitments

Total operating lease commitments at the balance sheet date amounted to £85,213 (2023 £113,464).

8.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M A Grimes

Balance outstanding at start of year

7,378

12,824

Amounts repaid

(7,378

)

(5,446

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

7,378

N Munden

Balance outstanding at start of year

11,056

12,343

Amounts advanced

6,132

-

Amounts repaid

-

(1,287

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,188

11,056

9.	Related party disclosures

Other debtors includes £13,257 in respect of a loan provided to M Grimes, a former director of the company.