0 0 Secnd Ltd 13842554 false 2025-02-01 2026-01-31 2026-01-31 The principal activity of the company is seller of used electronic equipment Digita Accounts Production Advanced 6.30.9574.0 true 13842554 2025-02-01 2026-01-31 13842554 2026-01-31 13842554 core:CurrentFinancialInstruments 2026-01-31 13842554 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 13842554 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-01-31 13842554 core:FurnitureFittingsToolsEquipment 2026-01-31 13842554 bus:SmallEntities 2025-02-01 2026-01-31 13842554 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 13842554 bus:FilletedAccounts 2025-02-01 2026-01-31 13842554 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 13842554 bus:RegisteredOffice 2025-02-01 2026-01-31 13842554 bus:Director1 2025-02-01 2026-01-31 13842554 bus:Director3 2025-02-01 2026-01-31 13842554 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 13842554 bus:Agent1 2025-02-01 2026-01-31 13842554 countries:EnglandWales 2025-02-01 2026-01-31 13842554 2025-01-31 13842554 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-31 13842554 core:FurnitureFittingsToolsEquipment 2025-01-31 13842554 2024-02-01 2025-01-31 13842554 2025-01-31 13842554 core:CurrentFinancialInstruments 2025-01-31 13842554 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 13842554 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 13842554

Secnd Ltd
Report of the Directors and Unaudited Financial Statements
for the Year Ended 31 January 2026

Secnd Ltd

Contents of The Financial Statements
for the Year Ended 31 January 2026

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 8

Secnd Ltd

Company Information
for the Year Ended 31 January 2026

Directors | Mr Austin George Eary Mr Taylor James Eary

Registered office | 34 Towerfield Road Shoeburyness Essex England SS3 9QT

Accountants | Insight Strategic Associates Chartered Certified Accountants10 Towerfield Road Shoeburyness Essex SS3 9QE

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Secnd Ltd
for the Year Ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Secnd Ltd for the year ended 31 January 2026 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.

This report is made solely to the Board of Directors of Secnd Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Secnd Ltd and state those matters that we have agreed to state to the Board of Directors of Secnd Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Secnd Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Secnd Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Secnd Ltd. You consider that Secnd Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Secnd Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Insight Strategic Associates
Chartered Certified Accountants
10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

22 July 2026

Secnd Ltd

(Registration number: 13842554 )
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Intangible assets | 4 | 82,248 | 82,248
Current assets |  |  |
Debtors | 6 | 46,743 | 46,609
Creditors: Amounts falling due within one year | 7 | (86,610) | (86,073)
Net current liabilities |  | (39,867) | (39,464)
Net assets |  | 42,381 | 42,784
Capital and reserves |  |  |
Called up share capital | 8 | 111 | 111
Share premium reserve |  | 199,989 | 199,989
Retained earnings |  | (157,719) | (157,316)
Shareholders' funds |  | 42,381 | 42,784

For the financial year ending 31 January 2026 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 and 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 22 July 2026 and signed on its behalf by:

......................................... Mr Austin George Eary Director

Secnd Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

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

The address of its registered office is:
34 Towerfield Road
Shoeburyness
Essex
SS3 9QT
England

These financial statements were authorised for issue by the Board on 22 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.

Tax

The tax expense for the period comprises 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.

Secnd Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2 | Accounting policies (continued)

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:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Secnd Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2 | Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

Secnd Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4 | Intangible assets

| Internally generated software development costs £ | Total £
Cost or valuation
At 1 February 2025 | 101,287 | 101,287
At 31 January 2026 | 101,287 | 101,287
Amortisation
At 1 February 2025 | 19,039 | 19,039
At 31 January 2026 | 19,039 | 19,039
Carrying amount
At 31 January 2026 | 82,248 | 82,248
At 31 January 2025 | 82,248 | 82,248

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 February 2025 | 5,057 | 5,057
At 31 January 2026 | 5,057 | 5,057
Depreciation
At 1 February 2025 | 5,057 | 5,057
At 31 January 2026 | 5,057 | 5,057
Carrying amount
At 31 January 2026 | - | -

Secnd Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6 | Debtors

Current | 2026 £ | 2025 £
Other debtors | 46,743 | 46,609
| 46,743 | 46,609

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 537 | 294
Accruals and deferred income |  | 420 | 420
Other creditors |  | 85,653 | 85,359
|  | 86,610 | 86,073

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £0.00 each | 100,000 | 100 | 100,000 | 100
Ordinary A of £0.00 each | 11,110 | 11 | 11,110 | 11
| 111,110 | 111 | 111,110 | 111