REGISTERED NUMBER: 06858200 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

SERENATA UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr S N Gulamali

REGISTERED OFFICE:

40 Harley Street

London

W1G 9PP

REGISTERED NUMBER:

06858200 (England and Wales)

ACCOUNTANT:

Mani Chacko & Co. Ltd.

Chartered Certified Accountant

3 Ballards Rise

South Croydon

Surrey

CR2 7JT

FIXED ASSETS

Intangible assets

4

195,200

286,150

Tangible assets

5

64,548

83,786

259,748

369,936

CURRENT ASSETS

Stocks

13,000

13,000

Debtors

6

59,435

51,825

Prepayments and accrued income

32,682

29,082

Cash at bank

88,318

64,912

193,435

158,819

CREDITORS

Amounts falling due within one year

7

272,242

233,187

NET CURRENT LIABILITIES

(78,807

)

(74,368

)

TOTAL ASSETS LESS CURRENT LIABILITIES

180,941

295,568

CREDITORS

Amounts falling due after more than one year

8

(3,216

)

(84,593

)

PROVISIONS FOR LIABILITIES

(15,582

)

(19,916

)

NET ASSETS

162,143

191,059

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,043

190,959

SHAREHOLDERS' FUNDS

162,143

191,059

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 23 December 2025 and were signed by:

Dr S N Gulamali - Director

1.	STATUTORY INFORMATION

Serenata UK 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009 and is being amortised over its estimated useful life of twenty years. The company has availed the exemption under FRS 102 Section 35.10(a) not to restate the acquisition before the transition date. The company consider the estimated remaining life of the goodwill as reasonable.

Goodwill in respect business acquired in 2021 is is being amortised over 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

976,000

AMORTISATION

At 1 April 2024

689,850

Charge for year

90,950

At 31 March 2025

780,800

NET BOOK VALUE

At 31 March 2025

195,200

At 31 March 2024

286,150

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

177,093

Additions

2,280

At 31 March 2025

179,373

DEPRECIATION

At 1 April 2024

93,307

Charge for year

21,518

At 31 March 2025

114,825

NET BOOK VALUE

At 31 March 2025

64,548

At 31 March 2024

83,786

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

59,435

51,825

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

16,745

26,173

Hire purchase contracts

19,103

35,534

Trade creditors

55,969

51,837

Taxation and social security

39,345

86,491

Other creditors

141,080

33,152

272,242

233,187

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

61,191

Hire purchase contracts

3,216

23,402

3,216

84,593

The bank loan is unsecured and is under the CBIL Scheme. The loan bears interest at 7.53% above base rate per annum and is repayable in instalments. The amount payable within a year is £16,745 (2024- £26,173).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Dr S N Gulamali

Balance outstanding at start of year

-

130,338

Amounts repaid

-

(130,338

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-