Company Registration No. 14987448 (England and Wales)
Same Day Exchange Ltd
Unaudited accounts
for the year ended 31 July 2025
Same Day Exchange Ltd
Unaudited accounts
Contents
Same Day Exchange Ltd
Company Information
for the year ended 31 July 2025
Director
Imtiaz Mohammed KHAN
Company Number
14987448 (England and Wales)
Registered Office
20 Wenlock Road
london
england
N1 7GU
United Kingdom
Same Day Exchange Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
5,869
19,475
Cash at bank and in hand
4,301
2,956
Creditors: amounts falling due within one year
(33,587)
(44,787)
Net current liabilities
(29,286)
(41,831)
Net liabilities
(23,417)
(22,356)
Called up share capital
2
2
Profit and loss account
(23,419)
(22,358)
Shareholders' funds
(23,417)
(22,356)
For the year ending 31 July 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 22 October 2025 and were signed on its behalf by
Imtiaz Mohammed KHAN
Director
Company Registration No. 14987448
Same Day Exchange Ltd
Notes to the Accounts
for the year ended 31 July 2025
Same Day Exchange Ltd is a private company, limited by shares, registered in England and Wales, registration number 14987448. The registered office is 20 Wenlock Road, london, england, N1 7GU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2024
22,199
713
22,912
Disposals
(14,549)
-
(14,549)
At 31 July 2025
7,650
713
8,363
At 1 August 2024
3,330
107
3,437
Charge for the year
1,148
91
1,239
On disposals
(2,182)
-
(2,182)
At 31 July 2025
2,296
198
2,494
At 31 July 2025
5,354
515
5,869
At 31 July 2024
18,869
606
19,475
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,400
7,400
Loans from directors
25,987
36,307
Same Day Exchange Ltd
Notes to the Accounts
for the year ended 31 July 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).