REGISTERED NUMBER: 06460897 (England and Wales)

Financial Statements

for the Year Ended 30 April 2025

for

SECURE UTILITY ENGINEERING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F J Gee

P E Gee

C E Bell

SECRETARY:

F J Gee

REGISTERED OFFICE:

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

REGISTERED NUMBER:

06460897 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

265,610

296,925

CURRENT ASSETS

Debtors

5

3,969

4,866

Cash at bank

205,289

182,295

209,258

187,161

CREDITORS

Amounts falling due within one year

6

257,906

223,083

NET CURRENT LIABILITIES

(48,648

)

(35,922

)

TOTAL ASSETS LESS CURRENT LIABILITIES

216,962

261,003

CREDITORS

Amounts falling due after more than one year

7

(46,909

)

(83,313

)

PROVISIONS FOR LIABILITIES

(43,740

)

(49,734

)

NET ASSETS

126,313

127,956

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

126,213

127,856

SHAREHOLDERS' FUNDS

126,313

127,956

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 October 2025 and were signed on its behalf by:

F J Gee - Director

1.	STATUTORY INFORMATION

Secure Utility Engineering Ltd 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 selling value of goods and services supplied, exclusive of value added tax.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off the assets to their estimated residual values over their expected useful lives at the following annual rates:

Equipment

-

25% of cost

Motor vehicles

-

25% of reducing balance

Pick-up hard tops

-

over 3 years

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme, and contributions to the personal pension schemes of certain directors, are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

equipment

and

vehicles

£

COST

At 1 May 2024

369,636

Additions

64,550

Disposals

(30,324

)

At 30 April 2025

403,862

DEPRECIATION

At 1 May 2024

72,711

Charge for year

80,525

Eliminated on disposal

(14,984

)

At 30 April 2025

138,252

NET BOOK VALUE

At 30 April 2025

265,610

At 30 April 2024

296,925

Tangible fixed assets with a net book value of £240,778 (2024 - £294,207) were held under hire purchase and similar contracts. The depreciation charge for the year in respect of these assets was £73,884 (2024 - £55,541).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,448

3,000

Other debtors

350

-

Prepayments

1,171

1,866

3,969

4,866

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

56,453

65,002

Trade creditors

8,693

9,355

Corporation tax

62,075

20,544

Social security and other taxes

123,608

122,129

Other creditors

475

-

Directors' current accounts

226

226

Accruals and deferred income

6,376

5,827

257,906

223,083

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts due within five years

46,909

83,313

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

11,711

12,567

Between one and five years

4,955

16,666

16,666

29,233

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100