REGISTERED NUMBER: 11776789 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Serning Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr N Serning

REGISTERED OFFICE:

4 Wellfield Rise

Clifford

Herefordshire

HR3 5HF

REGISTERED NUMBER:

11776789 (England and Wales)

FIXED ASSETS

Tangible assets

4

5,976

4,434

CURRENT ASSETS

Debtors

5

7,816

6,204

Cash at bank

14,716

43

22,532

6,247

CREDITORS

Amounts falling due within one year

6

13,453

7,818

NET CURRENT ASSETS/(LIABILITIES)

9,079

(1,571

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,055

2,863

PROVISIONS FOR LIABILITIES

884

529

NET ASSETS

14,171

2,334

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

14,071

2,234

SHAREHOLDERS' FUNDS

14,171

2,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 December 2025 and were signed by:

Dr N Serning - Director

1.	STATUTORY INFORMATION

Serning 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 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

4,076

2,779

4,047

10,902

Additions

1,705

-

1,828

3,533

At 31 March 2025

5,781

2,779

5,875

14,435

DEPRECIATION

At 1 April 2024

2,199

1,457

2,812

6,468

Charge for year

716

264

1,011

1,991

At 31 March 2025

2,915

1,721

3,823

8,459

NET BOOK VALUE

At 31 March 2025

2,866

1,058

2,052

5,976

At 31 March 2024

1,877

1,322

1,235

4,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,179

5,780

Other debtors

-

12

Prepayments and accrued income

637

412

7,816

6,204

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

9,616

6,438

Directors' current accounts

2,675

312

Accruals and deferred income

1,162

1,068

13,453

7,818

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

1

100

100

8.	RELATED PARTY DISCLOSURES

Included in creditors is £2,674 (2024: £312) owed by the company to Mr N Serning, a director of the company. This loan is unsecured, interest free and repayable on demand.