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Company Registration No. 08876370 (England and Wales)
Servicex Ltd Unaudited accounts for the year ended 28 February 2025
Servicex Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Servicex Ltd Company Information for the year ended 28 February 2025
Director
Hamid Mahmood Taqui
Company Number
08876370 (England and Wales)
- 3 -
Servicex Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
39,164 
50,514 
Current assets
Inventories
447,778 
447,778 
Debtors
5
(40,542)
(89,526)
Cash at bank and in hand
28,663 
79,061 
435,899 
437,313 
Creditors: amounts falling due within one year
6
(357,845)
(311,457)
Net current assets
78,054 
125,856 
Total assets less current liabilities
117,218 
176,370 
Creditors: amounts falling due after more than one year
7
(33,075)
(89,538)
Net assets
84,143 
86,832 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
84,043 
86,732 
Shareholders' funds
84,143 
86,832 
For the year ending 28 February 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 29 November 2025 and were signed on its behalf by
Hamid Mahmood Taqui Director Company Registration No. 08876370
- 4 -
Servicex Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Servicex Ltd is a private company, limited by shares, registered in England and Wales, registration number 08876370.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
14,578 
70,450 
10,482 
95,510 
Additions
2,739 
- 
- 
2,739 
At 28 February 2025
17,317 
70,450 
10,482 
98,249 
Depreciation
At 1 March 2024
11,105 
28,634 
5,257 
44,996 
Charge for the year
1,432 
10,454 
2,203 
14,089 
At 28 February 2025
12,537 
39,088 
7,460 
59,085 
Net book value
At 28 February 2025
4,780 
31,362 
3,022 
39,164 
At 29 February 2024
3,473 
41,816 
5,225 
50,514 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
(40,542)
(94,926)
Accrued income and prepayments
- 
5,400 
(40,542)
(89,526)
- 5 -
Servicex Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
16,742 
36,734 
Trade creditors
137,231 
1,897 
Taxes and social security
47,415 
57,352 
Other creditors
29,979 
72,128 
Loans from directors
126,418 
142,894 
Accruals
60 
452 
357,845 
311,457 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
33,075 
89,538 
8
Average number of employees
During the year the average number of employees was 15 (2024: 15).
- 6 -