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Registration number: 04055497

S.R.L. Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

S.R.L. Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

S.R.L. Limited

(Registration number: 04055497)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 17,504 | 21,323
Current assets |  |  |
Stocks | 5 | 310,000 | 310,000
Debtors | 6 | 1,277,089 | 873,217
Cash at bank and in hand |  | 52,700 | 304,274
|  | 1,639,789 | 1,487,491
Creditors: Amounts falling due within one year | 7 | (787,041) | (652,653)
Net current assets |  | 852,748 | 834,838
Total assets less current liabilities |  | 870,252 | 856,161
Creditors: Amounts falling due after more than one year | 7 | (50,000) | -
Provisions for liabilities |  | (4,376) | (5,774)
Net assets |  | 815,876 | 850,387
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 815,776 | 850,287
Shareholders' funds |  | 815,876 | 850,387

S.R.L. Limited

(Registration number: 04055497)
Balance Sheet as at 31 August 2025

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 July 2026 and signed on its behalf by:

......................................... Mr S R Lee Director

S.R.L. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Pavilion Square
Cricketers Way
Westhoughton
Bolton
BL5 3AJ
United Kingdom

The principal place of business is:
Unit 1, The Old Dairy
Hill Street
Ashton-Under-Lyne
OL7 0PZ

These financial statements were authorised for issue by the Board on 8 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

S.R.L. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 15% Reducing Balance
Fixtures and Fittings | 15% Reducing Balance
Motor Vehicles | 25% Reducing Balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

S.R.L. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2024 - 32).

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Plant and Machinery £ | Total £
Cost or valuation
At 1 September 2024 | 29,037 | 89,135 | 61,066 | 179,238
At 31 August 2025 | 29,037 | 89,135 | 61,066 | 179,238
Depreciation
At 1 September 2024 | 24,411 | 82,922 | 50,582 | 157,915
Charge for the year | 694 | 1,553 | 1,572 | 3,819
At 31 August 2025 | 25,105 | 84,475 | 52,154 | 161,734
Carrying amount
At 31 August 2025 | 3,932 | 4,660 | 8,912 | 17,504
At 31 August 2024 | 4,626 | 6,213 | 10,484 | 21,323

S.R.L. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 310,000 | 310,000

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 1,061,241 | 636,992
Prepayments | 5,500 | -
Other debtors | 210,348 | 236,225
| 1,277,089 | 873,217

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 65,560 | 25,310
Trade creditors |  | 478,677 | 470,044
Taxation and social security |  | 228,382 | 146,418
Accruals and deferred income |  | 5,500 | 5,150
Other creditors |  | 8,922 | 5,731
|  | 787,041 | 652,653

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £65,560 (2024 - £25,310).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 50,000 | -

A debenture has been lodged at Companies House, in favour of NatWest bank, with fixed and floating charges over all assets, dated 9 August 2011.

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £50,000 (2024 - £0).

S.R.L. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 August 2025 £
Mr S R Lee
| 114,149 | 105,305 | 115,000 | 104,454

2024 | At 1 September 2023 £ | Advances to director £ | At 31 August 2024 £
Mr S R Lee
| - | 114,149 | 114,149