REGISTERED NUMBER: 04802511 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

SISERVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N Black

Mr P Coulson

REGISTERED OFFICE:

37 Kenilworth Drive

Oadby

Leicester

Leicestershire

LE2 5LT

REGISTERED NUMBER:

04802511 (England and Wales)

FIXED ASSETS

Tangible assets

4

8,053

10,066

CURRENT ASSETS

Stocks

5

15,000

15,000

Debtors

6

38,108

43,472

Cash in hand

19

19

53,127

58,491

CREDITORS

Amounts falling due within one year

7

35,330

36,722

NET CURRENT ASSETS

17,797

21,769

TOTAL ASSETS LESS CURRENT LIABILITIES

25,850

31,835

CREDITORS

Amounts falling due after more than one year

8

(23,404

)

(28,800

)

PROVISIONS FOR LIABILITIES

(2,013

)

(2,517

)

NET ASSETS

433

518

CAPITAL AND RESERVES

Called up share capital

68

68

Capital redemption reserve

34

34

Retained earnings

331

416

SHAREHOLDERS' FUNDS

433

518

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mr N Black - Director

Mr P Coulson - Director

1.	STATUTORY INFORMATION

SiServe 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised at the point goods are dispatched.

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

Motor vehicles

-

20% on reducing balance

Stocks

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

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

9,174

23,370

32,544

DEPRECIATION

At 1 June 2024

9,079

13,399

22,478

Charge for year

19

1,994

2,013

At 31 May 2025

9,098

15,393

24,491

NET BOOK VALUE

At 31 May 2025

76

7,977

8,053

At 31 May 2024

95

9,971

10,066

5.

STOCKS

2025

2024

£

£

Stocks

15,000

15,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

38,108

43,472

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,506

17,543

Trade creditors

4,910

4,836

Taxation

3,781

3,475

Paye/Ni payable

80

296

VAT

10,799

8,660

Other creditors

221

28

Directors' current accounts

1,131

907

Accruals and deferred income

902

977

35,330

36,722

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

6,210

6,210

Bank loans - 2-5 years

17,194

18,631

Bank loans more than 5 years

by instalment

-

3,959

23,404

28,800

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalment

-

3,959

-

3,959