REGISTERED NUMBER: 02423539 (England and Wales)

Serpecon Limited

Unaudited Financial Statements For The Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mrs N Fogasova

S Issitt

SECRETARY:

REGISTERED OFFICE:

The Straw Barn

Upton End Farm Business Park

Meppershall Road

Shillington

Bedfordshire

SG5 3PF

REGISTERED NUMBER:

02423539 (England and Wales)

ACCOUNTANTS:

Premier Accountancy

Upton End Farm Business Park

Meppershall Road

Shillington

Bedfordshire

SG5 3PF

FIXED ASSETS

Tangible assets

4

131,049

60,208

CURRENT ASSETS

Stocks

524,735

685,592

Debtors

5

942,167

831,648

Cash at bank

108,689

135,547

1,575,591

1,652,787

CREDITORS

Amounts falling due within one year

6

529,044

562,305

NET CURRENT ASSETS

1,046,547

1,090,482

TOTAL ASSETS LESS CURRENT LIABILITIES

1,177,596

1,150,690

CREDITORS

Amounts falling due after more than one year

7

154,556

217,811

NET ASSETS

1,023,040

932,879

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,022,040

931,879

SHAREHOLDERS' FUNDS

1,023,040

932,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 28 April 2026 and were signed on its behalf by:

S Issitt - Director

1.	STATUTORY INFORMATION

Serpecon 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.

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

-

25% on cost and 15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

203,636

Additions

112,420

Disposals

(54,754

)

At 30 September 2025

261,302

DEPRECIATION

At 1 October 2024

143,428

Charge for year

24,579

Eliminated on disposal

(37,754

)

At 30 September 2025

130,253

NET BOOK VALUE

At 30 September 2025

131,049

At 30 September 2024

60,208

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

942,167

750,335

Other debtors

-

81,313

942,167

831,648

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,884

-

Hire purchase contracts

48,581

14,772

Trade creditors

325,555

439,952

Taxation and social security

111,230

102,590

Other creditors

19,794

4,991

529,044

562,305

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

72,695

189,650

Hire purchase contracts

81,861

28,161

154,556

217,811

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Premier Accountancy

Upton End Farm Business Park

Meppershall Road

Shillington

Bedfordshire

SG5 3PF

29 April 2026