Company Registration No. 12166667 (England and Wales)
SERVER SWITCH LTD
Unaudited accounts
for the year ended 31 August 2025
SERVER SWITCH LTD
Unaudited accounts
Contents
SERVER SWITCH LTD
Company Information
for the year ended 31 August 2025
Company Number
12166667 (England and Wales)
Registered Office
14 Middletons Yard
Potter Street
WORKSOP
Nottinghamshire
S80 2FT
ENGLAND
Accountants
Athelstan Accounting Ltd
14 Middletons Yard
Worksop
Nottinghamshire
S80 2FT
SERVER SWITCH LTD
Statement of financial position
as at 31 August 2025
Tangible assets
2,218,890
1,648,290
Cash at bank and in hand
887,083
978,029
Creditors: amounts falling due within one year
(470,015)
(240,808)
Net current assets
838,134
785,187
Total assets less current liabilities
3,057,024
2,433,477
Creditors: amounts falling due after more than one year
414,497
(42,020)
Provisions for liabilities
Deferred tax
(462,410)
(599,351)
Net assets
3,009,111
1,792,106
Called up share capital
1
1
Profit and loss account
3,009,110
1,792,105
Shareholders' funds
3,009,111
1,792,106
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2026 and were signed on its behalf by
Scott Gibson
Director
Company Registration No. 12166667
SERVER SWITCH LTD
Notes to the Accounts
for the year ended 31 August 2025
SERVER SWITCH LTD is a private company, limited by shares, registered in England and Wales, registration number 12166667. The registered office is 14 Middletons Yard, Potter Street, WORKSOP, Nottinghamshire, S80 2FT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing balance
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
SERVER SWITCH LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
2,683,771
81,744
-
2,765,515
Additions
1,366,376
-
1,203
1,367,579
Disposals
-
(81,744)
-
(81,744)
At 31 August 2025
4,050,147
-
1,203
4,051,350
At 1 September 2024
1,092,991
24,234
-
1,117,225
Charge for the year
739,289
-
180
739,469
On disposals
-
(24,234)
-
(24,234)
At 31 August 2025
1,832,280
-
180
1,832,460
At 31 August 2025
2,217,867
-
1,023
2,218,890
At 31 August 2024
1,590,780
57,510
-
1,648,290
Amounts falling due within one year
Trade debtors
27,202
32,088
Accrued income and prepayments
54,711
2,653
Amounts falling due after more than one year
Amounts due from group undertakings etc.
75,000
-
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
8,076
Trade creditors
195,045
121,989
Taxes and social security
270,399
106,998
Loans from directors
-
111
SERVER SWITCH LTD
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
42,020
Loans from directors
(660,975)
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
At year-end the Director S Gibson owed the Company £660,975 (2024: £0.00).
9
Post balance sheet events
Non adjusting event: The Company is under a police investigation from April 2026 and some fixed and current assets have been seized. Due to these circumstances asset value is difficult to predict but estimated at 1.5 million. Further details are not available in these published accounts.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).