REGISTERED NUMBER: 12970312 (England and Wales)

SERIOUS WASTE HOLDINGS LIMITED

REVISED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Revised Financial Statements

4

DIRECTORS:

Mr R Menzies

Mr G M Iandolo

REGISTERED OFFICE:

King Arthurs Court

Maidstone Road

Charing

Ashford

Kent

TN27 0JS

REGISTERED NUMBER:

12970312 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Investments

5

3,330,555

3,330,555

CURRENT ASSETS

Debtors

6

18,000

22,703

Cash at bank

2,000

1

20,000

22,704

CREDITORS

Amounts falling due within one year

7

(3,094,340

)

(2,854,081

)

NET CURRENT LIABILITIES

(3,074,340

)

(2,831,377

)

TOTAL ASSETS LESS CURRENT LIABILITIES

256,215

499,178

CREDITORS

Amounts falling due after more than one year

8

(587,122

)

(768,700

)

NET LIABILITIES

(330,907

)

(269,522

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(331,007

)

(269,622

)

(330,907

)

(269,522

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

Mr R Menzies - Director

1.	REVISED FINANCIAL STATEMENTS

The financial statements for the year ended 31 July 2025 have been revised.

They

-

replace the original financial statements;

-

are now the statutory financial statements;

-

are prepared as they were at the date of the original financial statements and not as at the date of revision and accordingly do not deal with events between those dates.

The financial statements previously delivered to Companies House incorrectly included an auditor's report. The company was exempt from audit and the inclusion of the auditor's report was made in error. Accordingly, revised financial statements have been prepared and filed.

The auditor's report has been removed from the financial statements. No other amendments have been made to the financial statements and there is no change to the reported profit, net assets or reserves of the company.

2.	STATUTORY INFORMATION

Serious Waste Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2024

and 31 July 2025

3,330,555

NET BOOK VALUE

At 31 July 2025

3,330,555

At 31 July 2024

3,330,555

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Sundry debtors

18,000

-

Directors' current accounts

-

22,703

18,000

22,703

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

2,705,178

2,486,446

Directors' current accounts

384,782

367,635

Accrued expenses

4,380

-

3,094,340

2,854,081

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

181,580

181,580

Bank loans - 2-5 years

242,910

424,488

Other creditors

162,632

162,632

587,122

768,700

9.	GOING CONCERN

The company has made a loss during the year and at the balance sheet date, it had net liabilities. The

company is reliant on the support by the directors, who have lent the company a loan.

On the basis that the directors will continue to support the reporting entity for the foreseeable future,

the directors considers it appropriate to prepare the financial statements on a going concern basis.