REGISTERED NUMBER: 09927159 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

SOUTH EAST LABORATORIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S P Burrows

Mr K J Greenyer

Mr R J Carlin

Mr A E Kennedy

SECRETARY:

Mr K J Greenyer

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

09927159 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

32,150

40,421

CURRENT ASSETS

Debtors

5

209,405

241,554

Cash at bank

7,334

42,286

216,739

283,840

CREDITORS

Amounts falling due within one year

6

(96,058

)

(155,079

)

NET CURRENT ASSETS

120,681

128,761

TOTAL ASSETS LESS CURRENT LIABILITIES

152,831

169,182

PROVISIONS FOR LIABILITIES

7

(7,637

)

(9,144

)

NET ASSETS

145,194

160,038

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

145,094

159,938

SHAREHOLDERS' FUNDS

145,194

160,038

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 October 2025 and were signed on its behalf by:

Mr R J Carlin - Director

Mr A E Kennedy - Director

1.	STATUTORY INFORMATION

South East Laboratories 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

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Building improvements

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures, fittings and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment and software

-

25% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE ASSETS

Fixtures,

fittings

Building

Plant and

and

improvements

machinery

equipment

£

£

£

COST

At 1 July 2024

44,178

94,637

21,891

Additions

5,080

-

-

Disposals

-

-

-

At 30 June 2025

49,258

94,637

21,891

DEPRECIATION

At 1 July 2024

35,307

69,143

19,898

Charge for year

4,926

6,374

498

Eliminated on disposal

-

-

-

At 30 June 2025

40,233

75,517

20,396

NET BOOK VALUE

At 30 June 2025

9,025

19,120

1,495

At 30 June 2024

8,871

25,494

1,993

Computer

equipment

Motor

and

vehicles

software

Totals

£

£

£

COST

At 1 July 2024

9,550

17,572

187,828

Additions

-

120

5,200

Disposals

(9,550

)

-

(9,550

)

At 30 June 2025

-

17,692

183,478

DEPRECIATION

At 1 July 2024

8,713

14,346

147,407

Charge for year

122

836

12,756

Eliminated on disposal

(8,835

)

-

(8,835

)

At 30 June 2025

-

15,182

151,328

NET BOOK VALUE

At 30 June 2025

-

2,510

32,150

At 30 June 2024

837

3,226

40,421

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 July 2024

32,495

Transfer to ownership

(32,495

)

At 30 June 2025

-

DEPRECIATION

At 1 July 2024

14,216

Charge for year

4,570

Transfer to ownership

(18,786

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

18,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

170,114

187,442

Other debtors

39,291

54,112

209,405

241,554

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

-

8,124

Trade creditors

69,500

68,738

Taxation and social security

9,478

51,173

Other creditors

17,080

27,044

96,058

155,079

7.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

7,637

9,144

Deferred

tax

£

Balance at 1 July 2024

9,144

Credit to Income Statement during year

(1,507

)

Balance at 30 June 2025

7,637

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100

9.	PENSION COMMITMENTS

The company makes payments to a defined contribution scheme on behalf of employees. Amounts charged to the income statement were £4,442 (2024: £3,964) for the year. There were outstanding employer contributions of £373 (2024: £382) at the balance sheet date.

10.	RELATED PARTY DISCLOSURES

GBE Services Limited

A company in which Mr S P Burrows and Mr K J Greenyer are directors.

30.6.25

30.6.24

£

£

Amount due to related party at the balance sheet date

4,000

4,000

Ashford Environmental Services Limited

A company under the control of Mr A E Kennedy and Mr R J Carlin.

During the year the company charged Ashford Environmental Services Limited for services totalling £482,585 (2024: £718,421) under normal commercial terms.

Ashford Environmental Services Limited charged management fees totalling £12,000 (2024: £12,000) to the company in addition to monthly van hire totalling £2,186.

30.6.25

30.6.24

£

£

Amount due from related party at the balance sheet date

148,675

174,979

The above amount is the balance included within trade debtors and trade creditors at the year end.