Company Registration No. 09063189 (England and Wales)
SERANKING LTD
Unaudited accounts
for the year ended 31 October 2022
SERANKING LTD
Unaudited accounts
Contents
SERANKING LTD
Company Information
for the year ended 31 October 2022
Directors
Valery Kurylau
Jason Edward Hable
Michael Scott Irwin
Viktar Kuushynau
Company Number
09063189 (England and Wales)
Registered Office
Suite 209
15 Ingestre Place
London
W1F 0DU
United Kingdom
SERANKING LTD
Statement of financial position
as at
31 October 2022
Cash at bank and in hand
331,219
Creditors: amounts falling due within one year
(1,325,299)
Net current assets
3,136,410
Total assets less current liabilities
3,136,410
Creditors: amounts falling due after more than one year
(3,233,891)
Provisions for liabilities
Other provisions
(55,209)
Net liabilities
(152,690)
Called up share capital
109
Profit and loss account
(152,799)
Shareholders' funds
(152,690)
For the year ending 31 October 2022 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 29 March 2023 and were signed on its behalf by
Valery Kurylau
Director
Company Registration No. 09063189
SERANKING LTD
Notes to the Accounts
for the year ended 31 October 2022
SERANKING LTD is a private company, limited by shares, registered in England and Wales, registration number 09063189. The registered office is Suite 209, 15 Ingestre Place, London, W1F 0DU, 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 been consistently applied within the same accounts.
Effective November 1, 2021, the Company adopted the US dollar as its functional currency. Prior to November 1, 2021, the functional currency of the Company was the Pound Sterling.
The change in the functional currency of the Company is due to the increased exposure to the US dollar as a result of the growth in international operations.
The Company's financial results have been reported in Pound Sterling. Profit and loss have been computed in US dollars and translated into Pound Sterling at the average exchange rate for the year £1 : $1.2369.
Amounts falling due within one year
Accrued income and prepayments
109,078
Amounts falling due after more than one year
5
Investments held as current assets
2022
Unlisted investments
287,229
SERANKING LTD
Notes to the Accounts
for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022
Taxes and social security
41,774
7
Creditors: amounts falling due after more than one year
2022
Other creditors
3,233,891
8
Average number of employees
During the year the average number of employees was 0.