Company Registration No. 07711439 (England and Wales)
Secondbyte Micros Ltd
Unaudited accounts
for the year ended 31 August 2025
Secondbyte Micros Ltd
Unaudited accounts
Contents
Secondbyte Micros Ltd
Company Information
for the year ended 31 August 2025
Company Number
07711439 (England and Wales)
Registered Office
391 Durnsford Road
London
SW19 8EE
United Kingdom
Secondbyte Micros Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
9,636
11,752
Cash at bank and in hand
35,079
53,415
Creditors: amounts falling due within one year
(46,256)
(75,304)
Net current assets
60,811
61,287
Total assets less current liabilities
70,447
73,039
Creditors: amounts falling due after more than one year
(35,537)
(43,891)
Called up share capital
1
1
Profit and loss account
34,909
29,147
Shareholders' funds
34,910
29,148
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 28 August 2026 and were signed on its behalf by
Russell Lucas
Director
Company Registration No. 07711439
Secondbyte Micros Ltd
Notes to the Accounts
for the year ended 31 August 2025
Secondbyte Micros Ltd is a private company, limited by shares, registered in England and Wales, registration number 07711439. The registered office is 391 Durnsford Road, London, SW19 8EE, United Kingdom.
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.
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.
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
18% - Reducing Balance
Motor vehicles
18% - Reducing Balance
Fixtures & fittings
18% - Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Secondbyte Micros 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
458
16,810
13,095
30,363
At 31 August 2025
458
16,810
13,095
30,363
At 1 September 2024
348
13,368
4,895
18,611
Charge for the year
20
620
1,476
2,116
At 31 August 2025
368
13,988
6,371
20,727
At 31 August 2025
90
2,822
6,724
9,636
At 31 August 2024
110
3,442
8,200
11,752
Finished goods
7,988
6,444
Amounts falling due within one year
Other debtors
64,000
76,732
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
14,128
23,821
Trade creditors
15,769
31,962
Taxes and social security
14,134
16,308
Loans from directors
-
374
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Secondbyte Micros Ltd
Notes to the Accounts
for the year ended 31 August 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
11
Transactions with related parties
The company is controlled by Mr. Russell Lucas, the company's Managing Director. It is confirmed that director's current account is debited with personal transactions and credited with remuneration and dividends.
12
Average number of employees
During the year the average number of employees was 3 (2024: 3).