REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
FOR |
SERVICE BOX GROUP LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
FOR |
SERVICE BOX GROUP LIMITED |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SERVICE BOX GROUP LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
44 Grand Parade |
Brighton |
East Sussex |
BN2 9QA |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
BALANCE SHEET |
30 SEPTEMBER 2022 |
2022 | 2021 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of consideration, received or receivable, for services provided in the ordinary course of the company's activities. |
Turnover excludes discounts, rebates and is shown net of value added tax and other sales taxes. |
The company recognises the revenue from warranty sales evenly over the period of the warranty. |
Tangible fixed assets |
Plant and machinery etc | - |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
2. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
3. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2021 |
Additions |
At 30 September 2022 |
DEPRECIATION |
At 1 October 2021 |
Charge for year |
At 30 September 2022 |
NET BOOK VALUE |
At 30 September 2022 |
At 30 September 2021 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary | £0.00 | 1 | 100 | 100 |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 30 September 2022 and 30 September 2021: |
2022 | 2021 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) |
SERVICE BOX GROUP LIMITED (REGISTERED NUMBER: 10664393) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
8. | RELATED PARTY DISCLOSURES |
Loans have been made to Surge Group PLC (the parent of Surge Financial Limited and a company under common control) and the balance owed to the company at 30 September 2022 is £648,144 (2021 - £561,594), the loans are interest free and repayable on demand. |
Loans have been made to Infoconnection Limited (a company under common control) and the balance owed to the company at 30 September 2022 is £84,087 (2021 - £84,087), the loans are interest free and repayable on demand. |
Loans have been made to Laines Financial Limited (a company owned by common directors) and the balance owed to the company at 30 September 2022 is £2,551(2021 - £3,800), the loans are interest free and repayable on demand. |
Loans have been made to Aston Beckworth Limited (a company under common control) and the balance owed to the company at 30 September 2022 is £70,000 (2021 - £70,000), the loans are interest free and repayable on demand. |
Loans have been made to WeWill Planning Limited (a company under common control) and the balance owed to the company at 30 September 2022 is £27,038 (2021 - £8,023), the loans are interest free and repayable on demand. |
Loans have been made to Instrive Limited (a company under common control) and the balance owed to the company at 30 September 2022 is £nil (2021 - £22,000), the loans are interest free and repayable on demand. |
Paul Careless (a beneficial owner) owes the company £222,741, the loan is interest free and repayable on demand. |
Andra Careless (a beneficial owner) owes the company £167,300, the loan is interest free and repayable on demand. |
Loans have been received from Surge Financial Limited (a company under common control) and the balance owed by the company at 30 September 2022 is £466,279 (2021 - £466,279) The loans are interest free and repayable on demand. |
Loans have been received from View Property Group Limited (a company under common control) and the balance owed by the company at 30 September 2022 is £220 (2021 - £220) The loans are interest free and repayable on demand. |
Loans have been received from Four Sixty Five Limited (a company under common control) and the balance owed by the company at 30 September 2022 is £2,500 (2021 - £nil) The loans are interest free and repayable on demand. |