REGISTERED NUMBER: 09688006 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Selabs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr S P G Edwards

REGISTERED OFFICE:

4 Cromwell Court

New Street

Aylesbury

Buckinghamshire

HP20 2PB

REGISTERED NUMBER:

09688006 (England and Wales)

FIXED ASSETS

Tangible assets

4

47,493

48,613

CURRENT ASSETS

Debtors

5

876,504

910,798

Cash at bank and in hand

198,134

481,227

1,074,638

1,392,025

CREDITORS

Amounts falling due within one year

6

(233,731

)

(245,538

)

NET CURRENT ASSETS

840,907

1,146,487

TOTAL ASSETS LESS CURRENT LIABILITIES

888,400

1,195,100

PROVISIONS FOR LIABILITIES

(11,873

)

(12,153

)

NET ASSETS

876,527

1,182,947

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

876,521

1,182,941

876,527

1,182,947

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2026 and were signed by:

Mr S P G Edwards - Director

1.	STATUTORY INFORMATION

Selabs Ltd 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.

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

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

333,460

Additions

31,654

At 31 July 2025

365,114

DEPRECIATION

At 1 August 2024

284,847

Charge for year

32,774

At 31 July 2025

317,621

NET BOOK VALUE

At 31 July 2025

47,493

At 31 July 2024

48,613

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

223,286

203,768

Other debtors

653,218

707,030

876,504

910,798

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

43,452

56,776

Taxation and social security

124,810

144,957

Other creditors

65,469

43,805

233,731

245,538

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr S P G Edwards

Balance outstanding at start of year

482

3,326

Amounts advanced

9,139

482

Amounts repaid

(3,508

)

(3,326

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,113

482

The loan to the Director was interest free and repayable on demand.