REGISTERED NUMBER: 12490414 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SECURE F I SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Turner-Smith

E Smith

N Smith

REGISTERED OFFICE:

Westington Close

Westington

Chipping Campden

Gloucestershire

GL55 6EG

REGISTERED NUMBER:

12490414 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

7 Rockfield Business Park

Old Station Drive

Leckhampton

Cheltenham

GL53 0AN

FIXED ASSETS

Tangible assets

4

44,256

40,517

Investment property

5

8,815,000

8,037,299

8,859,256

8,077,816

CURRENT ASSETS

Debtors

6

666,897

16,950

Cash at bank

108,932

83,678

775,829

100,628

CREDITORS

Amounts falling due within one year

7

(26,704

)

(51,262

)

NET CURRENT ASSETS

749,125

49,366

TOTAL ASSETS LESS CURRENT LIABILITIES

9,608,381

8,127,182

CREDITORS

Amounts falling due after more than one year

8

(7,576,690

)

(6,845,336

)

PROVISIONS FOR LIABILITIES

9

(478,000

)

(295,900

)

NET ASSETS

1,553,691

985,946

CAPITAL AND RESERVES

Called up share capital

10

60

60

Revaluation reserve

11

1,867,713

1,143,269

Retained earnings

11

(314,082

)

(157,383

)

SHAREHOLDERS' FUNDS

1,553,691

985,946

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

N Smith - Director

1.	STATUTORY INFORMATION

Secure F I Services Limited is a private company , 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

Significant judgements and estimations are involved in the valuation of investment property by the directors at the year end.

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.

Fixtures and fittings

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

150,650

Additions

36,267

At 31 December 2025

186,917

DEPRECIATION

At 1 January 2025

110,133

Charge for year

32,528

At 31 December 2025

142,661

NET BOOK VALUE

At 31 December 2025

44,256

At 31 December 2024

40,517

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

8,037,299

Additions

53,257

Revaluations

724,444

At 31 December 2025

8,815,000

NET BOOK VALUE

At 31 December 2025

8,815,000

At 31 December 2024

8,037,299

Fair value at 31 December 2025 is represented by:

£

Valuation in 2020

26,836

Valuation in 2021

1,116,433

Valuation in 2025

724,444

Cost

6,947,287

8,815,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,435

11,508

Other debtors

642,462

5,442

666,897

16,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,134

25,735

Taxation and social security

7,204

19,027

Other creditors

13,366

6,500

26,704

51,262

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

7,576,690

6,845,336

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

478,000

295,900

Deferred

tax

£

Balance at 1 January 2025

295,900

Charge to Profit and Loss Account during year

182,100

Balance at 31 December 2025

478,000

10.	CALLED UP SHARE CAPITAL

The share capital of the company is comprised of 20 A Ordinary shares, 10 B Ordinary shares, 10 C Ordinary shares, 10 D Ordinary shares, and 10 E Ordinary shares.

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2025

(157,383

)

1,143,269

985,886

Profit for the year

567,745

-

567,745

Transfer to fair value reserve

(724,444

)

724,444

-

At 31 December 2025

(314,082

)

1,867,713

1,553,631

The company has recognised the following reserves:

Revaluation reserve is comprised of accumulated unrealised gains and losses on fixed asset investments and investment property.

Retained earnings are comprised of accumulated total comprehensive income, less dividends.

12.	RELATED PARTY DISCLOSURES

At the year end, the company owed £1,050,000 (2024 - £793,466) to a company controlled by a director. Interest of 5% per annum is applied to the loan. There is no set date for repayment.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is N Smith.