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Company Registration No. 13772021 (England and Wales)
Servicing Sussex Limited Unaudited accounts for the year ended 31 January 2025
Servicing Sussex Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Servicing Sussex Limited Company Information for the year ended 31 January 2025
Director
Chris Pettitt
Secretary
Chris Pettitt
Company Number
13772021 (England and Wales)
Registered Office
Unit 8, Golden Barn Estate Henfield Road Small Dole Henfield BN5 9XH England
Accountants
Afresh Accountants Ltd 3 Wilbury Villas Hove East Sussex BN3 6GB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Servicing Sussex Limited for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Servicing Sussex Limited for the year ended 31 January 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Afresh Accountants Ltd Chartered Accountants 3 Wilbury Villas Hove East Sussex BN3 6GB 16 October 2025
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Servicing Sussex Limited Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
79,087
68,615
Current assets
Debtors
5
8,772
9,162
Cash at bank and in hand
138,893
113,803
147,665
122,965
Creditors: amounts falling due within one year
6
(84,459)
(47,597)
Net current assets
63,206
75,368
Total assets less current liabilities
142,293
143,983
Creditors: amounts falling due after more than one year
7
(50,416)
(45,706)
Provisions for liabilities
Deferred tax
(17,445)
(16,362)
Net assets
74,432
81,915
Capital and reserves
Called up share capital
1
1
Profit and loss account
74,431
81,914
Shareholders' funds
74,432
81,915
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 16 October 2025 and were signed on its behalf by
Chris Pettitt Director Company Registration No. 13772021
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Servicing Sussex Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Servicing Sussex Limited is a private company, limited by shares, registered in England and Wales, registration number 13772021. The registered office is Unit 8, Golden Barn Estate Henfield Road, Small Dole, Henfield, BN5 9XH, England.
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.
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
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
94,566
6,200
1,878
102,644
Additions
29,045
11,800
2,455
43,300
Disposals
(2,395)
(5,000)
-
(7,395)
At 31 January 2025
121,216
13,000
4,333
138,549
Depreciation
At 1 February 2024
31,396
2,040
593
34,029
Charge for the year
24,244
2,600
868
27,712
On disposals
(479)
(1,800)
-
(2,279)
At 31 January 2025
55,161
2,840
1,461
59,462
Net book value
At 31 January 2025
66,055
10,160
2,872
79,087
At 31 January 2024
63,170
4,160
1,285
68,615
- 6 -
Servicing Sussex Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,130
7,562
Accrued income and prepayments
1,922
1,600
Other debtors
2,720
-
8,772
9,162
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,067
4,470
Obligations under finance leases and hire purchase contracts
13,853
12,364
Trade creditors
23,583
14,813
Taxes and social security
2,753
4,397
Other creditors
9,354
1,308
Loans from directors
19,245
10,245
Accruals
11,604
-
84,459
47,597
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
50,416
45,706
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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