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Company Registration No. 08627972 (England and Wales)
Service Excellence Providers (Sep) Ltd Unaudited accounts for the year ended 31 March 2025
Service Excellence Providers (Sep) Ltd Unaudited accounts Contents
Page
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Service Excellence Providers (Sep) Ltd Company Information for the year ended 31 March 2025
Director
Michael Gaughan
Company Number
08627972 (England and Wales)
Registered Office
Unit 3 Witham Enterprise Park Newark Road Lincoln Lincolnshire LN6 8RP England
Accountants
Kate Dodd Accounting Services 4 Warren Lane Witham St Hughs Lincoln LN6 9US
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Service Excellence Providers (Sep) Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,606 
45,274 
Current assets
Inventories
15,000 
15,000 
Debtors
30,411 
34,938 
Cash at bank and in hand
143,184 
90,424 
188,595 
140,362 
Creditors: amounts falling due within one year
(166,161)
(108,425)
Net current assets
22,434 
31,937 
Total assets less current liabilities
53,040 
77,211 
Creditors: amounts falling due after more than one year
(27,287)
(35,952)
Provisions for liabilities
Deferred tax
(7,652)
(11,319)
Net assets
18,101 
29,940 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,001 
29,840 
Shareholders' funds
18,101 
29,940 
For the year ending 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 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 December 2025 and were signed on its behalf by
Michael Gaughan Director Company Registration No. 08627972
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Service Excellence Providers (Sep) Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Service Excellence Providers (Sep) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08627972. The registered office is Unit 3 Witham Enterprise Park, Newark Road, Lincoln, Lincolnshire, LN6 8RP, England.
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:
Plant & machinery
33% on cost
Motor vehicles
25% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Service Excellence Providers (Sep) Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
1,400 
99,550 
1,190 
102,140 
Disposals
- 
(13,500)
- 
(13,500)
At 31 March 2025
1,400 
86,050 
1,190 
88,640 
Depreciation
At 1 April 2024
818 
55,054 
994 
56,866 
Charge for the year
145 
10,056 
196 
10,397 
On disposals
- 
(9,229)
- 
(9,229)
At 31 March 2025
963 
55,881 
1,190 
58,034 
Net book value
At 31 March 2025
437 
30,169 
- 
30,606 
At 31 March 2024
582 
44,496 
196 
45,274 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,700 
34,421 
Accrued income and prepayments
4,931 
517 
Other debtors
2,780 
- 
30,411 
34,938 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,700 
5,700 
VAT
15,492 
5,779 
Obligations under finance leases and hire purchase contracts
3,110 
2,830 
Trade creditors
62,933 
43,197 
Taxes and social security
16,085 
16,808 
Other creditors
34,875 
9,299 
Loans from directors
8,723 
7,948 
Accruals
19,243 
16,864 
166,161 
108,425 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
23,004 
28,559 
Obligations under finance leases and hire purchase contracts
4,283 
7,393 
27,287 
35,952 
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).
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