Company registration number 04574890 (England and Wales)
SECURE ACCESS SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
SECURE ACCESS SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
SECURE ACCESS SERVICES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
57,419
62,068
Current assets
Stocks
40,586
27,729
Debtors
4
120,779
116,790
Cash at bank and in hand
188,800
258,958
350,165
403,477
Creditors: amounts falling due within one year
5
(205,464)
(220,446)
Net current assets
144,701
183,031
Total assets less current liabilities
202,120
245,099
Provisions for liabilities
(7,628)
(7,628)
Net assets
194,492
237,471
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
194,392
237,371
Total equity
194,492
237,471
For the financial year ended 31 March 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 23 December 2025
Mr P Stocker
Director
Company registration number 04574890 (England and Wales)
SECURE ACCESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Secure Access Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite A, Kings House, 68 Victoria Road, Burgess Hill, West Sussex, United Kingdom, RH15 9LH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
2% on cost
Short leasehold
Straight line over 10 years
Plant and equipment
25% on cost
Fixtures and fittings
25% on reducing balance
Computers
33% on cost
Motor vehicles
25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
SECURE ACCESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.6
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..
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
17
15
SECURE ACCESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Spare Asset 1
Total
£
£
£
£
£
£
£
Cost
At 1 April 2024
8,592
29,960
12,426
23,385
84,438
3,063
161,864
Additions
23,440
23,440
Disposals
(9,500)
(9,500)
At 31 March 2025
8,592
29,960
12,426
23,385
98,378
3,063
175,804
Depreciation and impairment
At 1 April 2024
3,164
25,388
7,877
19,114
43,028
1,225
99,796
Depreciation charged in the year
2,148
2,407
1,139
909
11,680
306
18,589
At 31 March 2025
5,312
27,795
9,016
20,023
54,708
1,531
118,385
Carrying amount
At 31 March 2025
3,280
2,165
3,410
3,362
43,670
1,532
57,419
At 31 March 2024
5,428
4,572
4,549
4,271
41,410
1,838
62,068
SECURE ACCESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
86,904
81,888
Other debtors
33,875
34,902
120,779
116,790
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
75,699
99,667
Corporation tax
3,196
10,218
Other taxation and social security
37,997
39,312
Other creditors
88,572
71,249
205,464
220,446
6
Parent company
Mr P Stocker & Mrs L Stocker have equal control over the company.