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Registered number: 08753329
Serenity Consultancy (UK) Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
DKR Chartered Accountants
36 Lichfield Street
Walsall
West Midlands
WS1 1TJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08753329
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,922,376 1,503,085
2,922,376 1,503,085
CURRENT ASSETS
Debtors 5 3,474 4,790
Investments 6 240 140
Cash at bank and in hand 1,998 16,653
5,712 21,583
Creditors: Amounts Falling Due Within One Year 7 (462,897 ) (325,474 )
NET CURRENT ASSETS (LIABILITIES) (457,185 ) (303,891 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,465,191 1,199,194
Creditors: Amounts Falling Due After More Than One Year 8 (877,634 ) (735,193 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (294,285 ) (20,095 )
NET ASSETS 1,293,272 443,906
CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 857,853 36,450
Profit and Loss Account 435,319 407,356
SHAREHOLDERS' FUNDS 1,293,272 443,906
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mohammed Yousaf
Director
29th July 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Serenity Consultancy (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08753329 . The registered office is 767 The Big Peg 120 Vyse Street , Jewellery Quarter, Birmingham, West Midlands, B18 6NF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 25% Reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 8)
10 8
4. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 November 2024 1,364,793 82,790 75,999 24,330
Additions 378,066 - - -
Disposals - - (75,999 ) -
Revaluation 1,110,207 - - -
As at 31 October 2025 2,853,066 82,790 - 24,330
Depreciation
As at 1 November 2024 - 18,855 19,000 11,610
Provided during the period - 9,590 - 1,907
Disposals - - (19,000 ) -
As at 31 October 2025 - 28,445 - 13,517
Net Book Value
As at 31 October 2025 2,853,066 54,345 - 10,813
As at 1 November 2024 1,364,793 63,935 56,999 12,720
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Page 5
Computer Equipment Total
£ £
Cost or Valuation
As at 1 November 2024 13,399 1,561,311
Additions 899 378,965
Disposals - (75,999 )
Revaluation - 1,110,207
As at 31 October 2025 14,298 2,974,484
Depreciation
As at 1 November 2024 8,761 58,226
Provided during the period 1,385 12,882
Disposals - (19,000 )
As at 31 October 2025 10,146 52,108
Net Book Value
As at 31 October 2025 4,152 2,922,376
As at 1 November 2024 4,638 1,503,085
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 250 250
Other taxes and social security 3,224 4,540
3,474 4,790
6. Current Asset Investments
2025 2024
£ £
Shares in subsidiaries 240 140
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,383 20,444
Bank loans and overdrafts 57,493 38,384
Corporation tax 67,013 85,326
Accruals and deferred income 4,084 -
Director's loan account 304,585 169,486
Amounts owed to associates 19,339 11,834
462,897 325,474
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,049 84,145
Bank loans 859,585 651,048
877,634 735,193
9. Secured Creditors
Of the creditors the following amounts are secured against the assets being financed. These are motor vehicles for the hire purchase creditor, and properties for the bank loans.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 28,433 104,588
Bank loans and overdrafts 900,722 679,374
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,843 31,879
Later than one year and not later than five years 19,807 100,862
32,650 132,741
Less: Finance charges allocated to future periods 4,218 28,152
28,432 104,589
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
12. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 November 2024 36,450 407,356
Profit for the year and total comprehensive income - 857,076
Dividends paid - (7,710)
Transfer to/from Fair value reserve - (821,403)
Transfer to/from Profit & Loss Account 821,403 -
As at 31 October 2025 857,853 435,319
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