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Company Registration No. 07415035 (England and Wales)
Sera Neon Limited Annual report and unaudited accounts for the year ended 30 September 2025
Sera Neon Limited Annual report and unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sera Neon Limited Company Information for the year ended 30 September 2025
Directors
Bharti Sehgal Puneet Sehgal
Company Number
07415035 (England and Wales)
Registered Office
86-90 3rd Floor Paul Street London EC2A 4NE England
- 3 -
Sera Neon Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
66,609 
76,573 
Investments
5
869 
- 
67,478 
76,573 
Current assets
Debtors
6
780,545 
550,615 
Cash at bank and in hand
- 
168,809 
780,545 
719,424 
Creditors: amounts falling due within one year
7
(360,786)
(373,256)
Net current assets
419,759 
346,168 
Total assets less current liabilities
487,237 
422,741 
Creditors: amounts falling due after more than one year
8
- 
(7,500)
Net assets
487,237 
415,241 
Capital and reserves
Called up share capital
9
2 
2 
Profit and loss account
487,235 
415,239 
Shareholders' funds
487,237 
415,241 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by
Puneet Sehgal Director Company Registration No. 07415035
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Sera Neon Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Sera Neon Limited is a private company, limited by shares, registered in England and Wales, registration number 07415035. The registered office is 86-90 3rd Floor, Paul Street, London, EC2A 4NE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Group accounts
The company is a parent undertaking and is exempt from the requirement to prepare group accounts by virtue of section 399(2A) of the Companies Act 2006 because the company and the group headed by it qualify as small. These financial statements therefore present information about the company as an individual undertaking and not about its group.
Going concern
The accounts are prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future.
Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.
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Sera Neon Limited Notes to the Accounts for the year ended 30 September 2025
Tangible fixed assets and depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: - Computer Equipment - 20% - Fixtures and Fittings - 25% - Land & buildings - 10% - Motor vehicles - 20% The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.
Investments in subsidiary undertakings
Investments in subsidiary undertakings are stated at cost less any provision for impairment. The carrying value is reviewed for impairment where events or changes in circumstances indicate that the carrying amount may not be recoverable.
Pension costs
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.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2024
52,795 
26,015 
20,033 
10,603 
109,446 
Additions
- 
- 
- 
2,928 
2,928 
At 30 September 2025
52,795 
26,015 
20,033 
13,531 
112,374 
Depreciation
At 1 October 2024
5,275 
2,731 
16,912 
7,955 
32,873 
Charge for the year
5,279 
5,203 
780 
1,630 
12,892 
At 30 September 2025
10,554 
7,934 
17,692 
9,585 
45,765 
Net book value
At 30 September 2025
42,241 
18,081 
2,341 
3,946 
66,609 
At 30 September 2024
47,520 
23,284 
3,121 
2,648 
76,573 
- 6 -
Sera Neon Limited Notes to the Accounts for the year ended 30 September 2025
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 October 2024
- 
Additions
869 
Valuation at 30 September 2025
869 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
269,223 
210,219 
Accrued income and prepayments
105,029 
190,396 
Other debtors
406,293 
150,000 
780,545 
550,615 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
23,159 
10,000 
VAT
208,231 
8,432 
Trade creditors
12,862 
41,250 
Taxes and social security
86,390 
278,403 
Other creditors
- 
34,771 
Accruals
30,144 
400 
360,786 
373,256 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
7,500 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
- 7 -
Sera Neon Limited Notes to the Accounts for the year ended 30 September 2025
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Bharti Sehgal
150,000 
207,135 
155,000 
202,135 
Puneet Sehgal
- 
207,136 
5,000 
202,136 
150,000 
414,271 
160,000 
404,271 
During the reporting period, the company maintained loan balances with directors Bharti Sehgal and Puneet Sehgal. These loans were advanced under terms including interest at HMRC's official rate, being 2.25% up to 5 April 2025 and 3.75% from 6 April 2025. Bharti Sehgal repaid £155,000 during the year and Puneet Sehgal repaid £5,000 during the year. At the reporting date, £202,135 remained outstanding from Bharti Sehgal and £202,136 remained outstanding from Puneet Sehgal. The outstanding loans remained repayable on demand and continued to accrue interest at HMRC's official rate. The amounts outstanding at 30 September 2025 totalling £404,271 were received after the year end and before 1 July 2026. Further advances were made to directors during the year. No amounts were written off or waived. All transactions were properly documented.
11
Transactions with related parties
During the year, the company had the following related party transactions with its directors: Loans to directors Bharti Sehgal and Puneet Sehgal were outstanding during the year. These loans carried interest at HMRC's official rate, being 2.25% up to 5 April 2025 and 3.75% from 6 April 2025. Bharti Sehgal repaid £155,000 during the year and Puneet Sehgal repaid £5,000 during the year. Balances of £202,135 and £202,136 respectively remained outstanding at the reporting date. Dividends of £235,759 were declared and paid to the shareholders, who are also directors of the company. No amounts were written off or waived during the year. Further details of directors' loans are disclosed in Note 11.
12
Average number of employees
During the year the average number of employees was 7 (2024: 5).
- 8 -