Secured Network Ltd
Secured Network Ltd
Registered number: 08145794
Unaudited Financial Statements
For The Year Ended 31 July 2023
TAXPLUS ACCOUNTANTS LTD
Secured Network Ltd
Contents
Contents
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Secured Network Ltd
Balance Sheet
As At
31 July 2023
Balance Sheet
Registered number:
08145794
For the year ending 31 July 2023 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.
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors | 6 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 7 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 8 |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 9 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (2,206) | (2,205) | |||
Secured Network Ltd
Balance Sheet (continued)
As At
31 July 2023
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Secured Network Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2023
Notes to the Financial Statements
1.
General Information
Secured Network Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
08145794
. The registered office is 85 Donald Drive, Romford, London, RM6 5DU.
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.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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 |
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3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
4.
Intangible Assets
| Goodwill | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 August 2022 |
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| As at 31 July 2023 |
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| Amortisation | |||
| As at 1 August 2022 |
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| As at 31 July 2023 |
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5.
Tangible Assets
| Plant & Machinery | |
|---|---|
| £ | |
| Cost | |
| As at 1 August 2022 |
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| As at 31 July 2023 |
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| Depreciation | |
| As at 1 August 2022 |
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| As at 31 July 2023 |
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| Net Book Value | |
| As at 31 July 2023 |
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| As at 1 August 2022 |
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Secured Network Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2023
6.
Debtors
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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7.
Creditors: Amounts Falling Due Within One Year
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors | - |
( |
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8.
Creditors: Amounts Falling Due After More Than One Year
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans |
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