REGISTERED NUMBER: 06650742 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SERVO SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S J Ostins

Mr D Macready

Mr R W Burton

REGISTERED OFFICE:

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

REGISTERED NUMBER:

06650742 (England and Wales)

AUDITORS:

Stanton Ralph & Co Limited

Chartered Accountants

Statutory Auditor

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

194,030

Tangible assets

4

168,022

CURRENT ASSETS

23,506

Debtors

5

102,440

62,722

Cash at bank

48,218

86,228

150,658

CREDITORS

205,089

Amounts falling due within one year

6

191,571

(118,861

)

NET CURRENT LIABILITIES

(40,913

)

75,169

TOTAL ASSETS LESS CURRENT LIABILITIES

127,109

CREDITORS

(12,500

)

Amounts falling due after more than one year

7

(2,500

)

-

PROVISIONS FOR LIABILITIES

(48,328

)

(11,463

)

ACCRUALS AND DEFERRED INCOME

(9,900

)

51,206

NET ASSETS

66,381

CAPITAL AND RESERVES

1,000

Called up share capital

8

1,000

50,206

Retained earnings

65,381

51,206

SHAREHOLDERS' FUNDS

66,381

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 and authorised for issue by the Board of Directors and authorised for issue on 29th December 2025 and were signed on its behalf by:

Mrs S J Ostins - Director

Mr D Macready - Director

Mr R W Burton - Director

1.	STATUTORY INFORMATION

Servo Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 etc

-

10% on cost

Assets are depreciated from the date that they are brought into use in the business.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

391,484

DEPRECIATION

At 1st April 2024

197,454

Charge for year

26,008

At 31st March 2025

223,462

NET BOOK VALUE

At 31st March 2025

168,022

At 31st March 2024

194,030

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

93,599

20,979

Prepayments

8,841

2,527

102,440

23,506

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

63,765

48,517

Tax

51,558

36,981

Social security and other taxes

12,955

12,665

Other creditors

49,385

93,214

Accrued expenses

3,908

3,712

191,571

205,089

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,500

10,000

Bank loans - 2-5 years

-

2,500

2,500

12,500

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

1

200

200

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ann Hill FCA (Senior Statutory Auditor)

for and on behalf of Stanton Ralph & Co Limited

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	PARENT UNDERTAKING AND CONTROLLING PARTY

At the year end date Steelstrip Holdings Limited was regarded by the directors as being the company's ultimate parent undertaking. Steelstrip Holdings Limited prepares consolidated accounts and these are available from its registered office, Pensnett Road, Dudley, United Kingdom, DY1 2HA.