Registration number: 12706616

Screening Solutions Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Screening Solutions Ltd

(Registration number: 12706616)
Balance Sheet as at 31 March 2025

	Note	2025 £		2024 £
Fixed assets
Intangible assets	3		19,052		22,227
Current assets
Debtors	4	436		164
Cash at bank and in hand		8,610		20,413
		9,046		20,577
Creditors: Amounts falling due within one year	5	(21,163)		(40,524)
Net current liabilities			(12,117)		(19,947)
Total assets less current liabilities			6,935		2,280
Creditors: Amounts falling due after more than one year	5		-		(1,580)
Net assets			6,935		700
Capital and reserves
Called up share capital		104		104
Profit and loss account		6,831		596
Total equity			6,935		700

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 October 2025 and signed on its behalf by:
 

......................................... Mr Nicholas Colquhoun Director

Screening Solutions Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when, the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	estimated useful life of ten years

Screening Solutions Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 5).

Screening Solutions Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

3	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	31,754	31,754
At 31 March 2025	31,754	31,754
Amortisation
At 1 April 2024	9,527	9,527
Amortisation charge	3,175	3,175
At 31 March 2025	12,702	12,702
Carrying amount
At 31 March 2025	19,052	19,052
At 31 March 2024	22,227	22,227

4

Debtors

Current	2025 £	2024 £
Other debtors	436	164
	436	164

5

Creditors

	2025 £	2024 £
Due within one year
Loans and borrowings	-	8,943
Taxation and social security	19,014	22,480
Other creditors	2,149	9,101
	21,163	40,524
Due after one year
Loans and borrowings	-	1,580